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Worcester
2395 Old Turnpike Road
$365,000
● House - Off Market

2395 Old Turnpike Road

Oakham, MA 01068
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,756 Ft²
$549,845
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Completely unique one owner contemporary designed ranch with soaring ceilings and open floor plan. Looks like something Frank Loyd Wright would design! Expansive glass offers views from every room.  Layout currently offers a master suite area and room for a second guest room. Open lower level is studded and insulated for lots of additional square footage if needed. The setting for this beauty is even better!  Set back aprox. 200 feet on a gorgeous level landscaped 4.54 acres  surrounded by stone walls and fields, the privacy surrounds you. Included in the sale is another buildable ( buyers agent to do due diligience)  3.13 acre lot.  Enjoy the private surroundings on your 7.67 acre lot with running brook or sell/build on the extra lot. You will be impressed by this well designed home surrounded by tranquility.
Unit Size
1,756 Ft²
Days on Market
-
Land Size
7.67 acres
Price per sqft
$214
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
2008

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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 #72485661)

Price History

Date / Event Date Event Price
Aug 2, 2019 Sold
Premium
Sold
Apr 21, 2019 Listed by ERA Key Realty Services- Spenc $375,000
Listed by ERA Key Realty Services- Spenc
Apr 14, 2000 Sold
Premium
Sold
Jan 14, 2000 Listed by ERA Key Realty Services- Spenc $124,900
Listed by ERA Key Realty Services- Spenc

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 6
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 197,762
  • Total Building Area: 1,756
  • Gross Building Area: 4,454
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004540
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 721101

Geography

  • District: 222
  • Parcel: OAKH M:4070 B:0000 L:01080
  • Lot: 1080
  • Municipality: OAKHAM
  • Latitude: 42.3537
  • Longitude: -72.1078

    Address

  • Full Address: 2395 Old Turnpike Rd
  • Address - House Number: 2395
  • Address - Street Name: Old Turnpike
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oakham
  • Carrier Code: R001
  • 4-Digit Zip Code: 9619
  • Zip Code: 01068

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $486,700

    Appraisal Valuation

  • Standard Deviation: 0.161
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 520,792
  • High Value: 604,676
  • Low Value: 436,909

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,300
  • Assessed Land Value: $134,100
  • Assessed Improvements Value: $305,200

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76662
  • Previous Sale Recording Date: Apr 14, 2000
  • Previous Sale Amount: $124,900
  • 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

2392 ft²

Average Home Age

63.7 years

Currently For Sale

2073 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: 5 months ago
Data Source: MLS PIN, MLS# 72485661

Frequently Asked Questions

When was property at 2395 Old Turnpike Road built and last sold?
The property at 2395 Old Turnpike Road was built in 2008 and last sold on Jul 25, 2019 for $365,000.
How much is this home worth?
The estimated value of the home located at 2395 Old Turnpike Road is $384,964.
What are some comparable homes to 2395 Old Turnpike Road?
There are currently no comparable homes to 2395 Old Turnpike Road.
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