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Worcester
255 Worcester Rd
$397,000
● House - Off Market

255 Worcester Rd

Princeton, MA 01541
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$410,917
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Your next home just hit the market!  Pride in ownership is very apparent in this meticulously maintained ranch. The lot is GORGEOUS with mature trees and lush landscaping on the 1.84 acres. There are hardwoods throughout the majority of the main level. A fireplaced living room offers great light and is  a wonderful gathering spot. The kitchen has been updated with corian counters and a double counter peninsula. The jennaire range has additional option cooktops including a grill. The 3-season sunroom is a favorite spot! It has both screens and windows and overlooks the peace and serenity of the large flat yard. Updates include an architectural roof, replacement windows, boiler (2012), well pump (2013), oil tank 5/17.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
1.84 acres
Price per sqft
$304
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1976

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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 #72906068)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Oct 8, 2021 Listed by Coldwell Banker Realty - Worcester $379,900
Listed by Coldwell Banker Realty - Worcester
Aug 30, 1996 Sold
Premium
Sold
Jun 21, 1996 Listed by Coldwell Banker Realty - Worcester $155,900
Listed by Coldwell Banker Realty - Worcester
Feb 1, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,150
  • Total Building Area: 1,248
  • Gross Building Area: 2,736
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001840
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • Account Number: 241015000470001A
  • Parcel: PRIN M:0150 B:0047 L:0001A
  • Block: 47
  • Lot: 1A
  • Municipality: PRINCETON
  • Latitude: 42.4145
  • Longitude: -71.8764

    Address

  • Full Address: 255 Worcester Rd
  • Address - House Number: 255
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Princeton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1526
  • Zip Code: 01541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,200

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 445,036
  • High Value: 521,449
  • Low Value: 368,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,200
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $203,200

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8636
  • Previous Sale Recording Date: Aug 30, 1996
  • Previous Sale Amount: $153,000
  • 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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 4 months ago
Data Source: MLS PIN, MLS# 72906068

Frequently Asked Questions

When was property at 255 Worcester Road built and last sold?
The property at 255 Worcester Road was built in 1976 and last sold on Jan 21, 2022 for $397,000.
How much is this home worth?
The estimated value of the home located at 255 Worcester Road is $374,669.
What are some comparable homes to 255 Worcester Road?
There are currently no comparable homes to 255 Worcester Road.
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