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Worcester 01468
18 Gray Road
$415,000
● House - Off Market

18 Gray Road

Templeton, MA 01468
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,856 Ft²
$406,867
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Country living at it's best.   Set off from the road,  this oversized Ranch has all the space and features that you want in a home .  Main level offers 3 spacious bedrooms. a large bright Living room with front entry/mudroom.  Kitchen opening to dining room with sliders to full size deck on back of home.  Lower level is completely finished with four separate rooms.  Maximum use of space!   Perfect for extended family living.  Large level backyard.  Fenced in front yard.  Plenty of off-street parking.  4 miles to highway!  Well cared for and respected home.
Unit Size
2,856 Ft²
Days on Market
-
Land Size
1.65 acres
Price per sqft
$140
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1989

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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: 5 months ago (MLSPIN #73089207)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Mar 28, 2023 In contract -
In contract
Mar 20, 2023 Listed by Keller Williams Realty North Central $399,900
Listed by Keller Williams Realty North Central
Feb 10, 2017 Sold
Premium
Sold
May 16, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 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: 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: 71,874
  • Total Building Area: 1,456
  • Gross Building Area: 3,400
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEMPLETON
  • Land Acres: 0000001650
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 705101

Geography

  • Account Number: 1351
  • Parcel: TEMP M:02-13 B:00011 L:00006
  • Block: 11
  • Lot: 6
  • Municipality: TEMPLETON
  • Latitude: 42.5216
  • Longitude: -72.0784

    Address

  • Full Address: 18 Gray Rd
  • Address - House Number: 18
  • Address - Street Name: Gray
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Templeton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1113
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $373,000

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 395,177
  • High Value: 470,865
  • Low Value: 319,488

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,700
  • Assessed Land Value: $53,800
  • Assessed Improvements Value: $234,900

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31712
  • Previous Sale Recording Date: Feb 10, 2017
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 55
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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: 5 months ago
Data Source: MLS PIN, MLS# 73089207

Frequently Asked Questions

When was property at 18 Gray Road built and last sold?
The property at 18 Gray Road was built in 1989 and last sold on Apr 26, 2023 for $415,000.
How much is this home worth?
The estimated value of the home located at 18 Gray Road is $426,809.
What are some comparable homes to 18 Gray Road?
There are currently no comparable homes to 18 Gray Road.
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