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Worcester
221 Gilbert Road
$135,000
● House - Off Market

221 Gilbert Road

Warren, MA 01092
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,514 Ft²
$304,818
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Extra 1.06 potental residential developable lot is included with the sale of this home.  One owner home!  Needs cosmetic updating but has all natural woodwork throughout!  With a little updating, this well-built home will shine again!Only 10 minutes to the MA Pike in Palmer.  Eat-in kitchen, mud room or den, 3 bedrooms all with double closets and a huge, step down, front to back living room.  Large basement with high ceilings.  Oversized two car garage.  Currently electric heat but owner once used a coal/wood burning furnace.
Unit Size
1,514 Ft²
Days on Market
-
Land Size
2.26 acres
Price per sqft
$106
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1968

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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: 5 months ago (MLSPIN #71602972)

Price History

Date / Event Date Event Price
May 6, 2014 Sold
Premium
Sold
Mar 6, 2014 Sold
Premium
Sold
Oct 30, 2013 Listed by ERA Key Realty Services- Spenc $159,900
Listed by ERA Key Realty Services- Spenc

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,264
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,275
  • Total Building Area: 1,444
  • Gross Building Area: 3,338
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • Census Tract: 761100

Zoning

  • Zoning: RES

Geography

  • Parcel: WARR M:0005 B:0000 L:3
  • Lot: 3
  • Municipality: WARREN
  • Latitude: 42.2066
  • Longitude: -72.2435

    Address

  • Full Address: 221 Gilbert Rd
  • Address - House Number: 221
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Warren
  • Zip Code: 01092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,800

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 294,014
  • High Value: 352,659
  • Low Value: 235,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,400
  • Assessed Land Value: $55,800
  • Assessed Improvements Value: $177,600

    Sales

  • Current Sale Recording Date: May 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 37863
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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71602972

Frequently Asked Questions

When was property at 221 Gilbert Road built and last sold?
The property at 221 Gilbert Road was built in 1968 and last sold on Jan 1, 1970 for $135,000.
How much is this home worth?
The estimated value of the home located at 221 Gilbert Road is $173,545.
What are some comparable homes to 221 Gilbert Road?
There are currently no comparable homes to 221 Gilbert Road.
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