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Worcester 01468
227 Lord Rd
$208,500
● House - Off Market

227 Lord Rd

Templeton, MA 01468
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,411 Ft²
$314,710
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Well maintained home offering open floor plan with over 1,400 square feet of living area. Large kitchen (featuring laundry room) leads into Dining room with French Doors that open up into Sunroom (all new windows). Sunroom leads out to patio and garden area for outside enjoyment. Fireplaced Living room offers walk in storage closet with pulled down attic access. Bedrooms contain large closet space.2nd Bedroom offers loft area for additional sleeping area. Heating System and Electric Panel (wired for generator) less than 10 years old ~ New Roof 2010.Convenient location ~  minutes to Route 2.
Unit Size
1,411 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$152
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1985

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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 #72565907)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Nov 2, 2021 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $275,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Nov 15, 2019 Sold
Premium
Sold
Sep 17, 2019 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $215,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Jun 13, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • 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: 13,068
  • Total Building Area: 1,411
  • Gross Building Area: 3,552
  • Building Area: 1,411
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,411
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 705102

Geography

  • Account Number: 2861
  • Parcel: TEMP M:05-08 B:00025 L:00000
  • Block: 25
  • Municipality: TEMPLETON
  • Latitude: 42.5849
  • Longitude: -72.0523

    Address

  • Full Address: 227 Lord Rd
  • Address - House Number: 227
  • Address - Street Name: Lord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Templeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1437
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $366,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 349,539
  • High Value: 422,005
  • Low Value: 277,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,800
  • Assessed Land Value: $40,800
  • Assessed Improvements Value: $243,000

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175344
  • Previous Sale Recording Date: Nov 15, 2019
  • Previous Sale Contract Date: Oct 24, 2019
  • Previous Sale Amount: $208,500
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72565907

Frequently Asked Questions

When was property at 227 Lord Road built and last sold?
The property at 227 Lord Road was built in 1985 and last sold on Dec 15, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 227 Lord Road is $282,961.
What are some comparable homes to 227 Lord Road?
There are currently no comparable homes to 227 Lord Road.
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