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Worcester
227 Mountain Road
$325,000
● House - Off Market

227 Mountain Road

Princeton, MA 01541
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,228 Ft²
$577,051
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

COLONIAL BORDERING STATE PARK ON WACHUSETT MOUNTAIN. GREAT VIEW WITH PRIVACY ON TWO ACRES.  POTTING SHED, RESTORABLE FORMAL GARDENS, HIKE TRAILS FROM YOUR BACKYARD AND SKI NEARBY WACHUSETT MOUNTIAN. EASY ACCESS TO RTE 2, NEWER SEPTIC  WITH TITLE V IN HAND, DELEAD CERT, HOUSE NEEDS UPDATING FOR GRACIOUS LIVING.  TENANT VACATING END OF JUNE.
Unit Size
2,228 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$148
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1910

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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 #70196995)

Price History

Date / Event Date Event Price
Aug 30, 2005 Sold
Premium
Sold
May 24, 2005 Listed by Prudential Parent Associates, REALTORS® $329,900
Listed by Prudential Parent Associates, REALTORS®
May 20, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,084
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,218
  • Gross Building Area: 3,685
  • Building Area: 2,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,218
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 720100

Zoning

  • Zoning: RA

Geography

  • Account Number: 2410040000200000
  • Parcel: PRIN M:0040 B:0002 L:00000
  • Block: 2
  • Municipality: PRINCETON
  • Latitude: 42.4771
  • Longitude: -71.8834

    Address

  • Full Address: 227 Mountain Rd
  • Address - House Number: 227
  • Address - Street Name: Mountain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Princeton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1108
  • Zip Code: 01541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $574,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 518,548
  • High Value: 602,767
  • Low Value: 434,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,500
  • Assessed Land Value: $113,000
  • Assessed Improvements Value: $266,500

    Sales

  • Current Sale Recording Date: Aug 30, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00145141
  • Previous Sale Recording Date: May 20, 1994
  • Previous Sale Amount: $138,500
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70196995

Frequently Asked Questions

When was property at 227 Mountain Road built and last sold?
The property at 227 Mountain Road was built in 1910 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 227 Mountain Road is $348,940.
What are some comparable homes to 227 Mountain Road?
There are currently no comparable homes to 227 Mountain Road.
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