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Worcester
2 Pine Hill Way
$699,900
● House - Off Market

2 Pine Hill Way

Harvard, MA 01451
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,080 Ft²
$701,073
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

GPS Directions: 262 Stow Rd, Harvard, MA. This home is BRAND NEW COMPLETED CONSTRUCTION and features 3 bds, plus den, 2.5 bath, 2 car garage and has over 2000Sf of living space! The first floor has an open concept living room complete with gas fireplace. The kitchen features granite countertops, SS appliances, and beautiful kitcehn cabinets! There is also a separate formal dining room, half bath and laundry area. On the 2nd floor you will find 3 bds, including a spacious master suite complete w/master bath & walk in closet. There is also a home office-perfect for working from home!  Other features: sliders to deck, full unfinished basement, & so much more! Conveniently located close to shopping, entertainment, highways & more! THIS HOME IS COMPLETED! THIS IS A DETACHED CONDO.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
2022

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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 #73096766)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
Apr 29, 2023 In contract -
In contract
Apr 10, 2023 Listed by Expert Realty $699,900
Listed by Expert Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,016
  • Gross Building Area: 3,672
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761401

Geography

  • Account Number: 36852
  • District: 125
  • Parcel: HARV M:36 B:85 L:2
  • Block: 85
  • Lot: 2
  • Municipality: HARVARD
  • Latitude: 42.4628
  • Longitude: -71.5612

    Address

  • Full Address: 2 Pine Hill Way
  • Address - House Number: 2
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Harvard
  • Carrier Code: R002
  • 4-Digit Zip Code: 1931
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $862,700

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 581,369
  • High Value: 630,990
  • Low Value: 531,749

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,000
  • Assessed Improvements Value: $579,000

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 47211
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73096766

Frequently Asked Questions

When was property at 2 Pine Hill Way built and last sold?
The property at 2 Pine Hill Way was built in 2022 and last sold on Jun 15, 2023 for $699,900.
How much is this home worth?
The estimated value of the home located at 2 Pine Hill Way is $702,487.
What are some comparable homes to 2 Pine Hill Way?
There are currently no comparable homes to 2 Pine Hill Way.
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