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Worcester
270 Richards Ave
$248,000
● House - Off Market

270 Richards Ave

Paxton, MA 01612
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$548,558
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

~ PRICE REDUCTION  A unique, 4 bedroom, Eagle's Nest retreat situated on 11.25 acres surrounded by conservation land featuring picturesque mountain views & amazing sunsets. The new kitchen offers stainless steel appliances, granite counters & tile backsplash. This home offers 3 full baths with custom tile work. The walk-out basement has a workshop  lots of storage space & potential for an in-law or au pair suite.  The yard has fruit trees & berry bushes; perfect for gardeners. Wrap around deckin
Unit Size
2,000 Ft²
Days on Market
-
Land Size
11.25 acres
Price per sqft
$127
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1989

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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 months ago (MLSPIN #71375576)

Price History

Date / Event Date Event Price
Aug 23, 2012 Sold
Premium
Sold
May 1, 2012 Listed by ERA Key Realty Services - Worcester $254,900
Listed by ERA Key Realty Services - Worcester
Jun 30, 2009 Sold
Premium
Sold
Nov 21, 2008 Listed by ERA Key Realty Services - Worcester $194,900
Listed by ERA Key Realty Services - Worcester

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 489,937
  • Total Building Area: 1,920
  • Gross Building Area: 3,351
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVID P JOHNSTON & MARTHA M AK
  • Land Acres: 0000011247
  • 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: 642
  • Parcel: PAXT M:00017 L:0034A
  • Lot: 34A
  • Municipality: PAXTON
  • Latitude: 42.3293
  • Longitude: -71.9303

    Address

  • Full Address: 270 Richards Ave
  • Address - House Number: 270
  • 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: $769,800

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 555,216
  • High Value: 645,383
  • Low Value: 465,049

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,000
  • Assessed Land Value: $148,500
  • Assessed Improvements Value: $330,500

    Sales

  • Current Sale Recording Date: Aug 23, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Jun 30, 2009
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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: 5 months ago
Data Source: MLS PIN, MLS# 71375576

Frequently Asked Questions

When was property at 270 Richards Avenue built and last sold?
The property at 270 Richards Avenue was built in 1989 and last sold on Jan 1, 1970 for $248,000.
How much is this home worth?
The estimated value of the home located at 270 Richards Avenue is $267,851.
What are some comparable homes to 270 Richards Avenue?
There are currently no comparable homes to 270 Richards Avenue.
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