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Worcester 01534
257 Roosevelt Drive
$570,000
● House - Off Market

257 Roosevelt Drive

Northbridge, MA 01534
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,756 Ft²
$775,283
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

This luxurious Colonial is nestled within the highly desirable Presidential Farms neighborhood & has everything your heart desires – inside & out! Upon entering you'll love the 2-story foyer, the impressive chef's kitchen with 60" Sub-Zero refrigerator & convection cooktop, 2 large family rooms both with gas fireplaces and cathedral ceilings, first floor home office, 4-5 bedrooms, 3 full bathrooms & 2nd floor laundry! The backyard deck leads to a beautiful stone patio with gas fire pit, water fountain and electric awning. Additional features include: California Closets in Master Bed & walk-in pantry, Irrigation system, multiple raised vegetable garden beds, fenced in yard & covered front porch. The abundance of space inside & out makes this home perfect for entertaining! Welcome Home!
Unit Size
2,756 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$212
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
2017

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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 years ago (MLSPIN #72717728)

Price History

Date / Event Date Event Price
Nov 19, 2020 Sold
Premium
Sold
Aug 29, 2020 Listed by LAER Realty Partners $584,900
Listed by LAER Realty Partners
Mar 6, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 27,954
  • Total Building Area: 2,756
  • Gross Building Area: 5,256
  • Building Area: 2,756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,756
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000642
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750200

Geography

  • Parcel: NBRI M:00019 B:00310
  • Block: 310
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1594
  • Longitude: -71.6717

    Address

  • Full Address: 257 Roosevelt Dr
  • Address - House Number: 257
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 2041
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $794,100

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 778,167
  • High Value: 908,125
  • Low Value: 648,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,700
  • Assessed Land Value: $173,300
  • Assessed Improvements Value: $439,400

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 142041
  • Previous Sale Recording Date: Mar 06, 2017
  • Previous Sale Amount: $468,105
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72717728

Frequently Asked Questions

When was property at 257 Roosevelt Drive built and last sold?
The property at 257 Roosevelt Drive was built in 2017 and last sold on Nov 13, 2020 for $570,000.
How much is this home worth?
The estimated value of the home located at 257 Roosevelt Drive is $0.
What are some comparable homes to 257 Roosevelt Drive?
There are currently no comparable homes to 257 Roosevelt Drive.
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