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Worcester 01507
162 Old Worcester Rd
$330,000
● House - Off Market

162 Old Worcester Rd

Charlton, MA 01507
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,932 Ft²
$400,909
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Motivated seller!  This is truly a hidden GEM!!  Come see this unique property!  Single family home with an oversized two car garage offering an in law apartment above it!!   Home is on a large lot.  It offers a fireplaced living room, kitchen and dining room are open and it has good sized bedrooms.  The in law apartment is spacious and private with it's own entrance.  Located in a beautiful country setting, yet right by the center of town!  Don't miss this opportunity!
Unit Size
1,932 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$197
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1968

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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 #73043412)

Price History

Date / Event Date Event Price
Nov 29, 2022 Sold
Premium
Sold
Nov 10, 2022 In contract -
In contract
Oct 8, 2022 Listed by ERA Key Realty Services $379,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 848
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,132
  • Total Building Area: 2,012
  • Gross Building Area: 4,222
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001610
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: S WORCESTER RGN
  • Census Tract: 756102

Zoning

  • Zoning: R40

Geography

  • Parcel: CHAR M:0035 B:000D L:0000021
  • Block: D
  • Lot: 21
  • Municipality: CHARLTON
  • Latitude: 42.1384
  • Longitude: -71.9649

    Address

  • Full Address: 162 Old Worcester Rd
  • Address - House Number: 162
  • Address - Street Name: Old Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Charlton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1389
  • Zip Code: 01507

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $359,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 387,173
  • High Value: 463,905
  • Low Value: 310,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $317,000
  • Assessed Land Value: $79,200
  • Assessed Improvements Value: $237,800

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126477
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 73043412

Frequently Asked Questions

When was property at 162 Old Worcester Road built and last sold?
The property at 162 Old Worcester Road was built in 1968 and last sold on Nov 23, 2022 for $330,000.
How much is this home worth?
The estimated value of the home located at 162 Old Worcester Road is $386,861.
What are some comparable homes to 162 Old Worcester Road?
There are currently no comparable homes to 162 Old Worcester Road.
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