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Worcester 01331
225 Queen Lake Rd
$35,000
● Land - Off Market

225 Queen Lake Rd

Phillipston, MA 01331
bedrooms
Studio
bathrooms
0 Bath
$79,350
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

3.8 Acres close to Queen Lake Beach, surrounded by natural beauty.  Lot has a dwelling in poor condition, freeze damage and water penetration on the inside.  Seller cannot remove building or property on the interior.  Buyer is responsibility for perc test and septic.  The appears to be a dug well on the property.
Unit Size
-
Days on Market
-
Land Size
3.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$102
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72842634)

Price History

Date / Event Date Event Price
May 18, 2026 Sold
Premium
Sold
Sep 24, 2025 In contract -
In contract
Aug 28, 2025 Relisted $35,000
Relisted
Aug 12, 2025 In contract -
In contract
Jul 31, 2025 Relisted $35,000
Relisted
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,372
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 165,378
  • Total Building Area: 572
  • Gross Building Area: 636
  • Building Area: 572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 572
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003797
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • Census Tract: 704201

Zoning

  • Zoning: RA

Geography

  • Parcel: PHIL M:00009 L:00003
  • Lot: 3
  • Municipality: PHILLIPSTON
  • Latitude: 42.5257
  • Longitude: -72.1114

    Address

  • Full Address: 225 Queen Lake Rd
  • Address - House Number: 225
  • Address - Street Name: Queen Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Phillipston
  • Carrier Code: R001
  • 4-Digit Zip Code: 9471
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $179,100

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 164,912
  • High Value: 187,547
  • Low Value: 142,277

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $149,500
  • Assessed Land Value: $50,900
  • Assessed Improvements Value: $98,600

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 132945
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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 72842634

Frequently Asked Questions

When was property at 225 Queen Lake Road built and last sold?
The property at 225 Queen Lake Road was built in 1950 and last sold on Sep 16, 2021 for $35,000.
How much is this home worth?
The estimated value of the home located at 225 Queen Lake Road is $192,189.
What are some comparable homes to 225 Queen Lake Road?
There are currently no comparable homes to 225 Queen Lake Road.
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