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Barre 01005
161 Summer Street
$143,000
● House - Off Market

161 Summer Street

Barre, MA 01005
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,295 Ft²
$220,500
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Price reduced! New boiler installed in this affordable home with replacement windows, wood floors and a private setting. Front to back living room with lots of windows for natural lighting and access to rear deck. Eat-in kitchen area with butcher block countertops and breakfast bar. Two first floor bedrooms and first floor full bath with clawfoot tub. Second floor has common hall area with laundry and storage space plus two bedrooms(no closets and unheated). Home is in an R20 zone and there is potentially enough land and frontage for an additional lot. Town water and sewer, close to Barre Center and easy commute towards Worcester.
Unit Size
1,295 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$116
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1858

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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: 4 months ago (MLSPIN #72474712)

Price History

Date / Event Date Event Price
Jun 21, 2019 Sold
Premium
Sold
Apr 2, 2019 Listed by Cirelli Real Estate $150,000
Listed by Cirelli Real Estate
Aug 31, 2006 Sold
Premium
Sold
Jun 12, 2006 Listed by Cirelli Real Estate $149,900
Listed by Cirelli Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1858
  • Effective Year Built: 1858
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 60,909
  • Total Building Area: 1,295
  • Gross Building Area: 2,982
  • Building Area: 1,295
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,295
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001398
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • School Tax School District: QUABBIN SD
  • Census Tract: 722100

Zoning

  • Zoning: R20

Geography

  • Account Number: 2257
  • Parcel: BARR M:00EA B:0079 L:
  • Block: 79
  • Municipality: BARRE
  • Latitude: 42.4206
  • Longitude: -72.0987

    Address

  • Full Address: 161 Summer St
  • Address - House Number: 161
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Barre
  • Carrier Code: R003
  • 4-Digit Zip Code: 9552
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $328,500

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 186,740
  • High Value: 230,044
  • Low Value: 143,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,100
  • Assessed Land Value: $46,800
  • Assessed Improvements Value: $160,300

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57734
  • Previous Sale Recording Date: Aug 31, 2006
  • Previous Sale Amount: $143,000
  • 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 Barre

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$177

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1999 ft²

Average Home Age

183.5 years

Currently For Sale

2 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# 72474712

Frequently Asked Questions

When was property at 161 Summer Street built and last sold?
The property at 161 Summer Street was built in 1858 and last sold on May 17, 2019 for $143,000.
How much is this home worth?
The estimated value of the home located at 161 Summer Street is $153,998.
What are some comparable homes to 161 Summer Street?
There are currently no comparable homes to 161 Summer Street.
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