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Worcester
16 Tanglewood Road
$292,000
● House - Off Market

16 Tanglewood Road

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,078 Ft²
$313,809
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Buyer unable to obtain financing -    PAXTON – A WELL-MAINTAINED RANCH IN A DESIRABLE NEIGHBORHOOD. THIS HOME OFFERS A LARGE LIVING ROOM WITH A BAY WINDOW. GLEAMING HARDWOOD FLOORING THROUGHOUT. THE KITCHEN HAS PLENTY OF CABINET SPACE ALONG WITH A CONVENIENT EAT-IN AREA. ACCESS TO A THREE-SEASON PORCH IS LOCATED OFF OF THE KITCHEN. THREE BEDROOMS WITH GOOD CLOSET SPACE. ONE FULL BATH. A ONE-CAR GARAGE. THE LOT OFFERS PRIVACY AND IS APPROXIMATELY 11,500 SQUARE FEET. TITLE V FAILED. BUYER RESPONSIBLE FOR REPLACEMENT.
Unit Size
1,078 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$278
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1954

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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 #72980970)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
May 12, 2022 Listed by DCU Realty - Marlboro $299,900
Listed by DCU Realty - Marlboro

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 11,500
  • Total Building Area: 1,078
  • Gross Building Area: 2,336
  • Building Area: 1,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,078
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: R4

Geography

  • Account Number: 1393
  • Parcel: PAXT M:00026 L:00035
  • Lot: 35
  • Municipality: PAXTON
  • Latitude: 42.3009
  • Longitude: -71.9043

    Address

  • Full Address: 16 Tanglewood Rd
  • Address - House Number: 16
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Paxton
  • Carrier Code: C008
  • 4-Digit Zip Code: 1302
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $547,200

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 381,927
  • High Value: 460,663
  • Low Value: 303,191

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $340,500
  • Assessed Land Value: $107,400
  • Assessed Improvements Value: $233,100

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116739
  • Previous Sale Recording Date: Jul 24, 2013
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 72980970

Frequently Asked Questions

When was property at 16 Tanglewood Road built and last sold?
The property at 16 Tanglewood Road was built in 1954 and last sold on Oct 28, 2022 for $292,000.
How much is this home worth?
The estimated value of the home located at 16 Tanglewood Road is $303,609.
What are some comparable homes to 16 Tanglewood Road?
There are currently no comparable homes to 16 Tanglewood Road.
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