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Worcester
2 Riverside Drive
Photo of 2 Riverside Drive
Sold on Aug 7, 2008

1

Map

$263,000
● House - Off Market

2 Riverside Drive

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,376 Ft²
$517,879
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Waterfront Contemporary on Pondville Pond on almost an Acre of Land. Beautiful post & beam Living Room/Dining Room opens to an Oversized Trex Deck with your private view of the Water. Numerous updates: Newer Roof, Windows & Deck, New Full Bath w/Tile Floor, Harwoods, Crown molding, New Pellet Stove & Stainless Steel Appliances. 3 Bedrooms, 2 1/2 Baths & the potential for an In-Law in the finished bsmt. Peaceful private retreat yet convenient to ALL routes! This home is in Move in Condition!
Unit Size
1,376 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$196
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1982

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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 #70697599)

Price History

Date / Event Date Event Price
Aug 7, 2008 Sold
Premium
Sold
Jan 15, 2008 Listed $269,900
Listed
Jun 1, 2001 Sold
Premium
Sold
Feb 25, 2001 Listed $192,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • 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: 9

    Dimensions

  • Lot Size Square Feet: 42,000
  • Total Building Area: 1,069
  • Gross Building Area: 2,758
  • Building Area: 1,069
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,069
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000964
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736500

Geography

  • Account Number: 5586
  • District: 17
  • Parcel: AUBU M:0058 L:0004
  • Lot: 4
  • Municipality: AUBURN
  • Latitude: 42.1878
  • Longitude: -71.8215

    Address

  • Full Address: 2 Riverside Dr
  • Address - House Number: 2
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Auburn
  • Carrier Code: C010
  • 4-Digit Zip Code: 3223
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,300

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 459,527
  • High Value: 545,407
  • Low Value: 373,647

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,100
  • Assessed Land Value: $132,100
  • Assessed Improvements Value: $270,000

    Sales

  • Current Sale Recording Date: Aug 07, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00089570
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Amount: $180,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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 months ago
Data Source: MLS PIN, MLS# 70697599

Frequently Asked Questions

When was property at 2 Riverside Drive built and last sold?
The property at 2 Riverside Drive was built in 1982 and last sold on Jan 1, 1970 for $263,000.
How much is this home worth?
The estimated value of the home located at 2 Riverside Drive is $277,139.
What are some comparable homes to 2 Riverside Drive?
There are currently no comparable homes to 2 Riverside Drive.
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