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Worcester 01331
15 Riley Switch Road
$139,000
● House - Off Market

15 Riley Switch Road

Phillipston, MA 01331
bedrooms
2 Beds
bathrooms
1 Bath
square feet
868 Ft²
$272,733
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

This home has been totally gutted and re-built in the last 2 years, quality was not compromised!  Earthlinked Geo Thermo 2 ton compressor is used to heat and cool.  The average electric bill (including heat and cooling) has been $118 a month. Kitchen and Living Room is an open concept area - perfect set up for entertaining.   3.4 +/- acres allowing for a wooded and private backyard!  Quiet country road, yet close to Phillipston Common.  If you are looking for a low maintenance - just move in home this would be it!
Unit Size
868 Ft²
Days on Market
-
Land Size
3.40 acres
Price per sqft
$161
Property Type
House
Property Taxes
$141
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71576085)

Price History

Date / Event Date Event Price
Oct 27, 2021 Sold
Premium
Sold
Sep 7, 2021 Listed by RE/MAX Property Promotions $240,000
Listed by RE/MAX Property Promotions
Oct 24, 2013 Sold
Premium
Sold
Aug 29, 2013 Listed by RE/MAX Property Promotions $139,900
Listed by RE/MAX Property Promotions
Apr 27, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 126,648
  • Total Building Area: 868
  • Gross Building Area: 1,880
  • Building Area: 868
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 9
  • Heated Square Feet: 868
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002907
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • Census Tract: 704201

Zoning

  • Zoning: RA

Geography

  • Parcel: PHIL M:00018 L:00008
  • Lot: 8
  • Municipality: PHILLIPSTON
  • Latitude: 42.5439
  • Longitude: -72.1102

    Address

  • Full Address: 15 Riley Switch Rd
  • Address - House Number: 15
  • Address - Street Name: Riley Switch
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Phillipston
  • Carrier Code: R001
  • 4-Digit Zip Code: 9498
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $306,000

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 309,353
  • High Value: 372,871
  • Low Value: 245,836

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $255,400
  • Assessed Land Value: $49,600
  • Assessed Improvements Value: $205,800

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150582
  • Previous Sale Recording Date: Oct 24, 2013
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71576085

Frequently Asked Questions

When was property at 15 Riley Switch Road built and last sold?
The property at 15 Riley Switch Road was built in 1935 and last sold on Oct 26, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 15 Riley Switch Road is $239,993.
What are some comparable homes to 15 Riley Switch Road?
There are currently no comparable homes to 15 Riley Switch Road.
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