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Worcester
18 Cutler Rd
$480,000
● House - Off Market

18 Cutler Rd

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,923 Ft²
$443,310
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautiful expanded ranch in a great Paxton neighborhood! This wonderful home has a cabinet packed eat in kitchen, dining room, large fireplaced living room, 3 nice sized bedrooms, 2 full bathrooms, hardwoods, huge bonus room in the finished lower level with a 2nd fireplace, slider to the patio and a large storage room! Gorgeous flat corner lot, 2 car attached garage, town water & a passing title 5 in hand. Great commuter location with quick access to Worcester! See attached 3D Matterport video.  HIGHEST AND BEST OFFERS DUE BY TUESDAY APRIL 25TH AT 10AM.
Unit Size
1,923 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$229
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #73101700)

Price History

Date / Event Date Event Price
May 30, 2023 Sold
Premium
Sold
Apr 25, 2023 In contract -
In contract
Apr 21, 2023 Listed by EXIT Real Estate Executives $439,900
Listed by EXIT Real Estate Executives
Aug 26, 2004 Sold
Premium
Sold
Jun 28, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • 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: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,858
  • Total Building Area: 1,423
  • Gross Building Area: 3,218
  • Building Area: 1,423
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,423
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000548
  • 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: 1705
  • Parcel: PAXT M:00028 L:00033
  • Lot: 33
  • Municipality: PAXTON
  • Latitude: 42.2872
  • Longitude: -71.8972

    Address

  • Full Address: 18 Cutler Rd
  • Address - House Number: 18
  • Address - Street Name: Cutler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Paxton
  • Carrier Code: C027
  • 4-Digit Zip Code: 1424
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $615,500

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 465,453
  • High Value: 549,492
  • Low Value: 381,415

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,000
  • Assessed Land Value: $110,200
  • Assessed Improvements Value: $272,800

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41511
  • Previous Sale Recording Date: Aug 26, 2004
  • Previous Sale Amount: $260,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 73101700

Frequently Asked Questions

When was property at 18 Cutler Road built and last sold?
The property at 18 Cutler Road was built in 1960 and last sold on May 26, 2023 for $480,000.
How much is this home worth?
The estimated value of the home located at 18 Cutler Road is $453,759.
What are some comparable homes to 18 Cutler Road?
There are currently no comparable homes to 18 Cutler Road.
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