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Worcester 01532
159 Rice Ave
$365,000
● House - Off Market

159 Rice Ave

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,928 Ft²
$622,349
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Amazing 4 bedroom 2 full bath with many recent updates.  First floor has living room, eat-in kitchen, and 17x19 family room with cathedral ceiling over looking a beautiful back yard that abuts conservation land.  Lower level has been gutted and transformed into a master suite with walk-in closet, beautifully tiled full bathroom and large living area.  Here you can walk out the back and enjoy your private sitting area.  This home has had some additional updates which include newer windows, recently refinished oak hardwood floors,roof, concrete parking area, water heater, siding, paver walkway and beautiful stone walls. It has been professionally cleaned and ready for move in. Passed Title V.  You don't want to miss this one!
Unit Size
1,928 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$192
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72065691)

Price History

Date / Event Date Event Price
Dec 1, 2016 Sold
Premium
Sold
Sep 11, 2016 Listed by Spangler SELECT Real Estate Solutions $369,900
Listed by Spangler SELECT Real Estate Solutions
Apr 23, 2010 Sold
Premium
Sold
Mar 3, 2010 Listed by Spangler SELECT Real Estate Solutions $299,900
Listed by Spangler SELECT Real Estate Solutions

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • 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: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,131
  • Total Building Area: 1,328
  • Gross Building Area: 2,752
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000646
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740102

Zoning

  • Zoning: RC

Geography

  • Parcel: NBOR M:0350 L:0006
  • Lot: 6
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3334
  • Longitude: -71.6305

    Address

  • Full Address: 159 Rice Ave
  • Address - House Number: 159
  • Address - Street Name: Rice
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Northborough
  • Carrier Code: R006
  • 4-Digit Zip Code: 1509
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $652,600

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 578,466
  • High Value: 672,819
  • Low Value: 484,112

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $457,000
  • Assessed Land Value: $196,700
  • Assessed Improvements Value: $260,300

    Sales

  • Current Sale Recording Date: Dec 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138635
  • Previous Sale Recording Date: Apr 23, 2010
  • Previous Sale Amount: $294,000
  • Previous Sale Document Type: 27
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72065691

Frequently Asked Questions

When was property at 159 Rice Avenue built and last sold?
The property at 159 Rice Avenue was built in 1965 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 159 Rice Avenue is $381,537.
What are some comparable homes to 159 Rice Avenue?
There are currently no comparable homes to 159 Rice Avenue.
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