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Worcester
272 Scott Road
$220,000
● Land - Off Market

272 Scott Road

Oakham, MA 01068
bedrooms
Studio
bathrooms
0 Bath
$342,404
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Nature-lovers take note!!  40 ACRE home site for your new home construction.  Utilities are ON-SITE!!!  4-bedroom septic and well are installed!!  Electric box is on-site. Driveway is cut-in and graveled.  Excavate for your foundation and connect to the utilities that have already been installed. Proposed homesite is the cleared field area. Beautiful forest and babbling Bells Brook runs through the property. Great spot for horses, hiking, biking, just enjoying the outdoors!  Call for more details.
Unit Size
-
Days on Market
-
Land Size
40.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
$147
HOA Dues
-
Year Built
2020

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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 #72502813)

Price History

Date / Event Date Event Price
Jan 27, 2020 Sold
Premium
Sold
May 17, 2019 Listed by ERA Key Realty Services - Worcester $235,000
Listed by ERA Key Realty Services - Worcester

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 1,743,707
  • Total Building Area: 1,770
  • Gross Building Area: 4,766
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000040030
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 721101

Geography

  • District: 222
  • Parcel: OAKH M:4070 B:0000 L:00770
  • Lot: 770
  • Municipality: OAKHAM
  • Latitude: 42.3543
  • Longitude: -72.0883

    Address

  • Full Address: 272 Scott Rd
  • Address - House Number: 272
  • Address - Street Name: Scott
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oakham
  • Carrier Code: R001
  • 4-Digit Zip Code: 9857
  • Zip Code: 01068

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $591,500

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 618,330
  • High Value: 703,200
  • Low Value: 533,461

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,800
  • Assessed Land Value: $166,500
  • Assessed Improvements Value: $367,300

    Sales

  • Current Sale Contract Date: Jan 22, 2020
  • Current Sale Recording Date: Jan 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8707
  • Previous Sale Recording Date: Dec 08, 2016
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 72502813

Frequently Asked Questions

When was property at 272 Scott Road built and last sold?
The property at 272 Scott Road was built in 2020 and last sold on Jan 22, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 272 Scott Road is $237,350.
What are some comparable homes to 272 Scott Road?
There are currently no comparable homes to 272 Scott Road.
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