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Worcester
243 Worcester Rd
$76,000
● House - Off Market

243 Worcester Rd

Westminster, MA 01473
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,077 Ft²
$114,788
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

BEING SOLD 'AS IS'! Needs work. Title V to be obtained and paid for by Buyer. Good project for handy-person.
Unit Size
1,077 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$60
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
2021

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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 #70198765)

Price History

Date / Event Date Event Price
Aug 18, 2021 Sold
Premium
Sold
Jan 22, 2021 Sold
Premium
Sold
Nov 22, 2020 Listed by Towne & Country, REALTORS® $339,000
Listed by Towne & Country, REALTORS®
May 22, 2020 Sold
Premium
Sold
Jul 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 14,810
  • Total Building Area: 1,392
  • Gross Building Area: 2,655
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: 2650
  • Parcel: WMIN M:172 B: L:60
  • Lot: 60
  • Municipality: WESTMINSTER
  • Latitude: 42.516
  • Longitude: -71.8852

    Address

  • Full Address: 243 Worcester Rd
  • Address - House Number: 243
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westminster
  • Carrier Code: R002
  • 4-Digit Zip Code: 1604
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $518,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 502,906
  • High Value: 569,543
  • Low Value: 436,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,800
  • Assessed Land Value: $106,300
  • Assessed Improvements Value: $290,500

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18202
  • Previous Sale Recording Date: Jan 22, 2021
  • Previous Sale Contract Date: Jan 21, 2021
  • Previous Sale Amount: $80,000
  • 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# 70198765

Frequently Asked Questions

When was property at 243 Worcester Road built and last sold?
The property at 243 Worcester Road was built in 2021 and last sold on Aug 18, 2021 for $340,500.
How much is this home worth?
The estimated value of the home located at 243 Worcester Road is $323,328.
What are some comparable homes to 243 Worcester Road?
There are currently no comparable homes to 243 Worcester Road.
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