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Worcester
16 Beaman Rd.
$290,000
● House - Off Market

16 Beaman Rd.

Princeton, MA 01541
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$583,516
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Contemporary style cape surrounded by 7 acres of woods and privacy bordered by protected DCR land. Open floor plan with living room and massive fireplace. Updated kitchen cabinets, built-ins. 1st floor master bedroom with outstanding bath renovated with European touches - Italian tile, glass enclosure shower, marble counter-tops.  2nd floor is huge bedroom w/pine floors and private bath. Nature is your window dressing-Unique property. Title V complete. Updated electrical, oil tank.
Unit Size
1,936 Ft²
Days on Market
-
Land Size
7.57 acres
Price per sqft
$155
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1976

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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 #71545379)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 9, 2013 Sold
Premium
Sold
Jun 21, 2013 Listed by OPEN DOOR Real Estate $299,900
Listed by OPEN DOOR Real Estate
Aug 22, 2003 Sold
Premium
Sold
Jun 1, 2003 Listed by Reed & Freeman Real Estate $295,000
Listed by Reed & Freeman Real Estate
ALL UPDATES COMPLETED ON THIS"MUST SEE" CAPE,SITTING ON 5+ PRIVATE ACRES.ALL FLOORING REFINISHED,NEW KITCHEN,NEW SECOND FLOOR BATH,TOTAL INTERIOR PAINTING,SLIDING GLASS DOORS TO DECK,UPDATED LANDSCAPING.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,128
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 329,749
  • Total Building Area: 1,733
  • Gross Building Area: 3,616
  • Building Area: 1,733
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,733
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 720100

Zoning

  • Zoning: RA

Geography

  • Account Number: 2410080004300040
  • Parcel: PRIN M:0080 B:0043 L:00040
  • Block: 43
  • Lot: 40
  • Municipality: PRINCETON
  • Latitude: 42.4735
  • Longitude: -71.8707

    Address

  • Full Address: 16 Beaman Rd
  • Address - House Number: 16
  • Address - Street Name: Beaman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Princeton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1113
  • Zip Code: 01541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $612,300

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 511,129
  • High Value: 598,890
  • Low Value: 423,367

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,400
  • Assessed Land Value: $125,500
  • Assessed Improvements Value: $278,900

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85506
  • Previous Sale Recording Date: Aug 09, 2013
  • Previous Sale Amount: $290,000
  • 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# 71545379

Frequently Asked Questions

When was property at 16 Beaman Road built and last sold?
The property at 16 Beaman Road was built in 1976 and last sold on Oct 13, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 16 Beaman Road is $315,900.
What are some comparable homes to 16 Beaman Road?
There are currently no comparable homes to 16 Beaman Road.
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