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Worcester 01430
LOT 2 Bush Hill Road
$45,000
● Land - Off Market

LOT 2 Bush Hill Road

Ashburnham, MA 01430
bedrooms
Studio
bathrooms
0 Bath
$124,288
RealtyHop Estimate
149.07%
Since Aug 1, 2002
National-US
Primary Model

About This Property

7.2 ACRES OF LAND ON QUIET COUNTRY ROAD. OLD PERCS THAT HAVE EXPIRED. ELECTRICITY UP TO LOT. NICE PLACE TO BUILD! POSSIBLE GRANDFATHERED 6 LOTS. BUYER TO DO RESEARCH. UNDERGROUND ELECTRIC UP TO LOTS.   RD. IS DIRT RD.
Unit Size
-
Days on Market
-
Land Size
7.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
-
Year Built
2003

Payment Calculator

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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 #30587113)

Price History

Date / Event Date Event Price
May 23, 2019 Sold
Premium
Sold
Mar 13, 2003 Sold
Premium
Sold
Jul 30, 2002 Sold
Premium
Sold
Mar 11, 2002 Listed by Coldwell Banker Residential Brokerage - Leominster $49,900
Listed by Coldwell Banker Residential Brokerage - Leominster

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 13,461
  • Total Building Area: 1,942
  • Gross Building Area: 3,244
  • Building Area: 1,942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,942
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBHNM-WMNSTR
  • Census Tract: 700100

Geography

  • District: 11
  • Parcel: ASHB M:0047 B:000025
  • Block: 25
  • Municipality: ASHBURNHAM
  • Latitude: 42.6829
  • Longitude: -71.9676

    Address

  • Full Address: 2 Blueberry Rd
  • Address - House Number: 2
  • Address - Street Name: Blueberry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ashburnham
  • Carrier Code: R001
  • 4-Digit Zip Code: 1049
  • Zip Code: 01430

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,100

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 434,785
  • High Value: 511,162
  • Low Value: 358,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $370,200
  • Assessed Land Value: $33,900
  • Assessed Improvements Value: $336,300

    Sales

  • Current Sale Contract Date: May 23, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7970
  • Previous Sale Recording Date: Mar 13, 2003
  • Previous Sale Amount: $70,000
  • 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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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# 30587113

Frequently Asked Questions

When was property at 2 Bush Hill Road built and last sold?
The property at 2 Bush Hill Road was built in 2003 and last sold on May 23, 2019 for $292,500.
How much is this home worth?
The estimated value of the home located at 2 Bush Hill Road is $50,399.
What are some comparable homes to 2 Bush Hill Road?
There are currently no comparable homes to 2 Bush Hill Road.
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