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Worcester
166 Richards Avenue
$500,000
● House - Off Market

166 Richards Avenue

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,004 Ft²
$2,925
Est. Monthly

About This Property

Welcome to 166 Richards Avenue, Paxton, MA! This 3-bed, 2-bath home boasts a new septic system, replacement windows, and recessed lighting. Enjoy a spacious living room filled with natural light, stunning solid surface countertops in the kitchen and baths, stainless steel appliances, and a wine/espresso bar. Beautiful hardwood flooring and tiled bathrooms/kitchen. A first-floor master, home office/4th bedroom, and a great basement await your personal touch. With an integral 2-car garage, a rear deck, and a vast backyard on nearly 6 acres, this private wooded haven offers an outbuilding for BBQs. Paxton is a rare find for families or retirees seeking a peaceful retreat. Don't miss this opportunity!
Unit Size
2,004 Ft²
Days on Market
-
Land Size
5.70 acres
Price per sqft
$249
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1952

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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 #73183645)

Price History

Date / Event Date Event Price
Mar 4, 2024 Sold
Premium
Sold
Feb 10, 2024 In contract -
In contract
Feb 2, 2024 Relisted $499,900
Relisted
Feb 2, 2024 No longer available -
No longer available
Dec 28, 2023 Relisted $499,900
Relisted
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 248,179
  • Total Building Area: 2,004
  • Gross Building Area: 3,934
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005697
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: OR4

Geography

  • Account Number: 599
  • Parcel: PAXT M:00017 L:00001
  • Lot: 1
  • Municipality: PAXTON
  • Latitude: 42.3223
  • Longitude: -71.9281

    Address

  • Full Address: 166 Richards Ave
  • Address - House Number: 166
  • Address - Street Name: Richards
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Paxton
  • Carrier Code: C032
  • 4-Digit Zip Code: 1141
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 524,120
  • High Value: 568,854
  • Low Value: 479,385

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $345,900
  • Assessed Land Value: $122,100
  • Assessed Improvements Value: $223,800

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15606
  • Previous Sale Recording Date: Sep 22, 2021
  • Previous Sale Contract Date: Aug 30, 2021
  • Previous Sale Amount: $285,000
  • 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73183645

Frequently Asked Questions

When was property at 166 Richards Avenue built and last sold?
The property at 166 Richards Avenue was built in 1952 and last sold on Mar 4, 2024 for $500,000.
How much is this home worth?
The estimated value of the home located at 166 Richards Avenue is $491,752.
What are some comparable homes to 166 Richards Avenue?
There are currently no comparable homes to 166 Richards Avenue.
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