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Worcester
26 Ravine Rd
$281,000
● House - Off Market

26 Ravine Rd

New Braintree, MA 01531
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,758 Ft²
$278,188
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Investors, contractors, or homeowners with skills and vision: The perfect opportunity awaits! This Contemporary home set on an idyllic 3 acre lot with easy access to Route 67 and Old Turnpike Road is the perfect chance to remodel and flip or make this your dream home. Three bedrooms, 1.5 baths, plenty of light, and lots of Contemporary character abounds throughout - ready to shine again. Passing Title 5 in hand. This property likely will not qualify for FHA type financing. Per seller - boiler replaced approximately 6 years ago, roof age is approximately 14 years, septic installed 2002, and well pump and tank installed approximately 8 years ago.
Unit Size
1,758 Ft²
Days on Market
-
Land Size
3.10 acres
Price per sqft
$156
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72976918)

Price History

Date / Event Date Event Price
Jun 9, 2022 Sold
Premium
Sold
May 5, 2022 Listed by Keller Williams Realty Greater Worcester $275,000
Listed by Keller Williams Realty Greater Worcester
Jun 27, 2002 Sold
Premium
Sold
Mar 4, 2002 Listed by Keller Williams Realty Greater Worcester $174,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1993
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,014
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,045
  • Total Building Area: 1,758
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 723100

Zoning

  • Zoning: R1

Geography

  • District: 202
  • Parcel: NEWB M:401 B:00000 L:00280
  • Lot: 280
  • Municipality: NEW BRAINTREE
  • Latitude: 42.3541
  • Longitude: -72.1161

    Address

  • Full Address: 26 Ravine Rd
  • Address - House Number: 26
  • Address - Street Name: Ravine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: New Braintree
  • Carrier Code: R002
  • 4-Digit Zip Code: 1700
  • Zip Code: 01531

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $405,400

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 310,864
  • High Value: 370,655
  • Low Value: 251,073

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $278,800
  • Assessed Land Value: $52,700
  • Assessed Improvements Value: $226,100

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62881
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Amount: $176,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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: 6 months ago
Data Source: MLS PIN, MLS# 72976918

Frequently Asked Questions

When was property at 26 Ravine Road built and last sold?
The property at 26 Ravine Road was built in 1987 and last sold on Jun 9, 2022 for $281,000.
How much is this home worth?
The estimated value of the home located at 26 Ravine Road is $286,007.
What are some comparable homes to 26 Ravine Road?
There are currently no comparable homes to 26 Ravine Road.
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