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Worcester 01436
263 State Rd
$285,000
● House - Off Market

263 State Rd

Templeton, MA 01436
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,116 Ft²
$308,367
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

This solid ranch home has been in the same family for 67 years! Great location on a corner lot in Otter River, close to Gardner and Baldwinville Center. Town water/town sewer, 3 bedroom, 1 bath with a bonus heated room in the basement(14x11) for whatever extra space you may need and screened in porch(21x10)off the attached garage out back so you can enjoy your summer nights but not worry about mosquitoes!  Forced hot air heat system installed in 2014, hot water tank in 2015 and newer oil tank. Windows are all tilt in replacements for easy cleaning, deck out front is trex!  Kitchen is very large with lots of cabinet space & pantry with large LR and good size bedrooms. Garage has automatic door opener with interior access to the house outside access to the screen porch and backyard!
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$251
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1954

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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 #72913206)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Oct 27, 2021 Listed by Foster-Healey Real Estate $279,900
Listed by Foster-Healey Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 16,553
  • Total Building Area: 1,116
  • Gross Building Area: 3,002
  • Building Area: 1,116
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,116
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 705102

Geography

  • Account Number: 729
  • Parcel: TEMP M:1-3-1 B:00028 L:00000
  • Block: 28
  • Municipality: TEMPLETON
  • Latitude: 42.5976
  • Longitude: -72.051

    Address

  • Full Address: 263 State Rd
  • Address - House Number: 263
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Baldwinville
  • Carrier Code: C002
  • 4-Digit Zip Code: 1123
  • Zip Code: 01436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,700

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 288,342
  • High Value: 313,130
  • Low Value: 263,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,400
  • Assessed Land Value: $42,300
  • Assessed Improvements Value: $188,100

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 170283
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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: 5 years ago
Data Source: MLS PIN, MLS# 72913206

Frequently Asked Questions

When was property at 263 State Road built and last sold?
The property at 263 State Road was built in 1954 and last sold on Dec 6, 2021 for $285,000.
How much is this home worth?
The estimated value of the home located at 263 State Road is $0.
What are some comparable homes to 263 State Road?
There are currently no comparable homes to 263 State Road.
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