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Worcester 01468
2 Minuteman Drive
$280,000
● House - Off Market

2 Minuteman Drive

Templeton, MA 01468
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,887 Ft²
$638,041
RealtyHop Estimate
123.87%
Since Nov 1, 2003
National-US
Primary Model

About This Property

ALMOST NEW COLONIAL IN MINT CONDITION, WHIRLPOOL TUB, SOME HARDWOOD FLOORS, BAY WINDOWS, NICELY LANDSCAPED, FINISHED BASEMENT WITH BAR, FLORIDA ROOM OFF KITCHEN-YEAR ROUND.
Unit Size
1,887 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$151
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
2002

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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 years ago (MLSPIN #30750542)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 8, 2020 Listed by RE/MAX Property Promotions $310,000
Listed by RE/MAX Property Promotions
Oct 10, 2003 Sold
Premium
Sold
Jul 28, 2003 Listed by RE/MAX Property Promotions $285,000
Listed by RE/MAX Property Promotions

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • 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: 43,560
  • Total Building Area: 1,813
  • Gross Building Area: 3,848
  • Building Area: 1,813
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,813
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 100512
  • Parcel: TEMP M:04-09 B:00046 L:00035
  • Block: 46
  • Lot: 35
  • Municipality: TEMPLETON
  • Latitude: 42.5555
  • Longitude: -72.0575

    Address

  • Full Address: 2 Minuteman Dr
  • Address - House Number: 2
  • Address - Street Name: Minuteman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Templeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1574
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 465,395
  • High Value: 555,922
  • Low Value: 374,868

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,100
  • Assessed Land Value: $62,200
  • Assessed Improvements Value: $313,900

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146888
  • Previous Sale Recording Date: Oct 10, 2003
  • Previous Sale Amount: $280,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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 years ago
Data Source: MLS PIN, MLS# 30750542

Frequently Asked Questions

When was property at 2 Minuteman Drive built and last sold?
The property at 2 Minuteman Drive was built in 2002 and last sold on Nov 24, 2020 for $340,000.
How much is this home worth?
The estimated value of the home located at 2 Minuteman Drive is $0.
What are some comparable homes to 2 Minuteman Drive?
There are currently no comparable homes to 2 Minuteman Drive.
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