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Worcester 01366
171 Nichewaug Road
$227,500
● House - Off Market

171 Nichewaug Road

Petersham, MA 01366
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,261 Ft²
$365,795
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Population around  1250  This picturesque town  is the home to prominent conservation land, to name a few The Quabbin Reservation, Harvard Forest, the Swift River Reservation, and Federated Women's Club Forest. This  Log home sits  on 4.8 acres of green woodlands. Master bedroom is on the upper level with a loft area over looking the spacious living room. Second bedroom is on the first level. Plenty of comfort seating in the kitchen with a breakfast bar adjoining the dinning area . A complimentary 1 year home warranty comes with this home! Come take a look! Call today to schedule your showing.
Unit Size
1,261 Ft²
Days on Market
-
Land Size
4.90 acres
Price per sqft
$198
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1988

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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 #72557201)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
Sep 1, 2019 Listed by Morin Real Estate $249,900
Listed by Morin Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 213,444
  • Total Building Area: 1,261
  • Gross Building Area: 3,243
  • Building Area: 1,261
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,261
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004900
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: PETERSHAM SD
  • Census Tract: 704202

Geography

  • Parcel: PETE M:416 B:38 L:0
  • Block: 38
  • Municipality: PETERSHAM
  • Latitude: 42.4488
  • Longitude: -72.1928

    Address

  • Full Address: 171 Nichewaug Rd
  • Address - House Number: 171
  • Address - Street Name: Nichewaug
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Petersham
  • Carrier Code: R011
  • 4-Digit Zip Code: 9733
  • Zip Code: 01366

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $429,100

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 324,140
  • High Value: 388,805
  • Low Value: 259,475

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $300,100
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Contract Date: Nov 07, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123251
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72557201

Frequently Asked Questions

When was property at 171 Nichewaug Road built and last sold?
The property at 171 Nichewaug Road was built in 1988 and last sold on Nov 7, 2019 for $227,500.
How much is this home worth?
The estimated value of the home located at 171 Nichewaug Road is $257,250.
What are some comparable homes to 171 Nichewaug Road?
There are currently no comparable homes to 171 Nichewaug Road.
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