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Worcester
244 Richards Ave
Photo of 244 Richards Ave
Sold on Sep 16, 2010

1

Map

$480,000
● House - Off Market

244 Richards Ave

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,298 Ft²
$1,084,187
RealtyHop Estimate
117.05%
Since Oct 1, 2010
National-US
Primary Model

About This Property

Beautiful 8 room angled ranch on large private wooded lot. 3 bedrooms, living rm, dining rm & family rm. 2 car attached garage & detached heated garage/work shop. Barn with 3 stalls, fenced pastures & outdoor riding ring. Family rm has cathedral ceiling & gas stove. Extra large eat-in kitchen. Master bedroom has 3 closet dressing area. 3 season porch. Laundry on 1st floor. Finished rm in basement. Wall to wall carpeting & hrwd. 2 1/2 bath. Each bedroom has its own sink! Bay window in living room
Unit Size
2,298 Ft²
Days on Market
-
Land Size
12.00 acres
Price per sqft
$217
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1978

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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: 2 years ago (MLSPIN #71058401)

Price History

Date / Event Date Event Price
Sep 16, 2010 Sold
Premium
Sold
Apr 5, 2010 Listed $499,500
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 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: 522,607
  • Total Building Area: 2,298
  • Gross Building Area: 5,580
  • Building Area: 2,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,298
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000011997
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: OR4

Geography

  • Account Number: 636
  • Parcel: PAXT M:00017 L:00032
  • Lot: 32
  • Municipality: PAXTON
  • Latitude: 42.327
  • Longitude: -71.9295

    Address

  • Full Address: 244 Richards Ave
  • Address - House Number: 244
  • Address - Street Name: Richards
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Paxton
  • Carrier Code: C032
  • 4-Digit Zip Code: 1121
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $955,400

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 763,328
  • High Value: 880,182
  • Low Value: 646,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $594,500
  • Assessed Land Value: $147,100
  • Assessed Improvements Value: $447,400

    Sales

  • Current Sale Recording Date: Sep 16, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00100370
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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: 2 years ago
Data Source: MLS PIN, MLS# 71058401

Frequently Asked Questions

When was property at 244 Richards Avenue built and last sold?
The property at 244 Richards Avenue was built in 1978 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 244 Richards Avenue is $511,155.
What are some comparable homes to 244 Richards Avenue?
There are currently no comparable homes to 244 Richards Avenue.
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