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Worcester 01543
21 Hope Way
$79,900
● House - Off Market

21 Hope Way

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,044 Ft²
$255,402
RealtyHop Estimate
219.65%
Since Jul 1, 1999
National-US
Primary Model

About This Property

10 YEAR YOUNG 3 BR.,YR ROUND RANCH ON LARGE LEVEL LOT. OPEN LR/DR/KIT COMBO, SKYLIGHT, CATHEDRAL CEILINGS, SLIDERS TO WRAP AROUND DECK. BEACH RIGHTS TO COOL SANDY BEACH ON TURKEY HILL POND DON'T MISS THIS YEAR ROUND GETAWAY!!
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$77
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1987

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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 #30284529)

Price History

Date / Event Date Event Price
Apr 27, 2001 Sold
Premium
Sold
Dec 20, 2000 Listed $109,900
Listed
Jul 2, 1999 Sold
Premium
Sold
Jan 8, 1999 Listed $79,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 13,939
  • Total Building Area: 1,044
  • Gross Building Area: 2,392
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COOL SANDY BEACH
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721104

Geography

  • Parcel: RUTL M:36-B B:C L:5
  • Block: C
  • Lot: 5
  • Municipality: RUTLAND
  • Latitude: 42.3414
  • Longitude: -71.9441

    Address

  • Full Address: 21 Hope Way
  • Address - House Number: 21
  • Address - Street Name: Hope
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rutland
  • Carrier Code: R004
  • 4-Digit Zip Code: 2137
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390,500

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 354,601
  • High Value: 425,330
  • Low Value: 283,872

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,600
  • Assessed Land Value: $63,700
  • Assessed Improvements Value: $220,900

    Sales

  • Current Sale Recording Date: Apr 27, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 02, 1999
  • Previous Sale Amount: $79,900
  • 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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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# 30284529

Frequently Asked Questions

When was property at 21 Hope Way built and last sold?
The property at 21 Hope Way was built in 1987 and last sold on Jan 1, 1970 for $107,000.
How much is this home worth?
The estimated value of the home located at 21 Hope Way is $0.
What are some comparable homes to 21 Hope Way?
There are currently no comparable homes to 21 Hope Way.
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