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Worcester 01366
217 West Rd
$231,000
● House - Off Market

217 West Rd

Petersham, MA 01366
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,496 Ft²
$342,188
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Two bedroom single-level home with potential for expansion on quiet country road.  Open concept living area.  Ample road frontage. Most major systems updated within past 7 years.  New roof, board and batten siding, and septic system. Private location with no neighbors in sight.  Close to Quabbin Reservoir.  Living on West Road offers remarkable opportunities.  For anyone who loves being outdoors, there are so many things to do...amazing birding, animal tracking, mountain biking and road cycling, running trails galore and incredible hiking trails. Perfect for a small family or weekend retreat.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
7.11 acres
Price per sqft
$171
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1932

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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 #72690102)

Price History

Date / Event Date Event Price
Oct 5, 2020 Sold
Premium
Sold
Jul 13, 2020 Listed by Hardwick-Petersham Properties $255,900
Listed by Hardwick-Petersham Properties
Nov 5, 2013 Sold
Premium
Sold
Nov 16, 2012 Listed by Hardwick-Petersham Properties $149,900
Listed by Hardwick-Petersham Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 309,712
  • Total Building Area: 1,496
  • Gross Building Area: 3,721
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: PETERSHAM SD
  • Census Tract: 704202

Geography

  • Parcel: PETE M:411 B:12 L:0
  • Block: 12
  • Municipality: PETERSHAM
  • Latitude: 42.4866
  • Longitude: -72.2263

    Address

  • Full Address: 217 West Rd
  • Address - House Number: 217
  • Address - Street Name: West
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Petersham
  • Carrier Code: R011
  • 4-Digit Zip Code: 9610
  • Zip Code: 01366

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $405,000

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 315,686
  • High Value: 378,665
  • Low Value: 252,707

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $283,200
  • Assessed Land Value: $75,600
  • Assessed Improvements Value: $207,600

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116781
  • Previous Sale Recording Date: Nov 05, 2013
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: O
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# 72690102

Frequently Asked Questions

When was property at 217 West Road built and last sold?
The property at 217 West Road was built in 1932 and last sold on Sep 24, 2020 for $231,000.
How much is this home worth?
The estimated value of the home located at 217 West Road is $260,906.
What are some comparable homes to 217 West Road?
There are currently no comparable homes to 217 West Road.
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