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Worcester
281 Worcester Rd
$249,900
● House - Off Market

281 Worcester Rd

Princeton, MA 01541
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$441,317
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

Lovely Country location just over the Holden line! If you enjoy privacy, over an acre of land and a 2-car garage come take a look! This ranch has an open concept living/dining room area with fireplace, 2 bedrooms, pretty full bath and fully applianced kitchen.Updated electric,furnace and roof plus full basement with fireplace.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$214
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1967

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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 #70156300)

Price History

Date / Event Date Event Price
Feb 23, 2017 Sold
Premium
Sold
Jul 20, 2005 Sold
Premium
Sold
Mar 11, 2005 Listed by Janice Mitchell R.E., Inc $249,900
Listed by Janice Mitchell R.E., Inc

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 6
  • Basement Area: 1,106
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 1,136
  • Gross Building Area: 2,994
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001050
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 720100

Zoning

  • Zoning: B

Geography

  • Account Number: 2410150005200000
  • Parcel: PRIN M:0150 B:0052 L:00000
  • Block: 52
  • Municipality: PRINCETON
  • Latitude: 42.4113
  • Longitude: -71.8741

    Address

  • Full Address: 281 Worcester Rd
  • Address - House Number: 281
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Princeton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1527
  • Zip Code: 01541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $415,000

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 383,576
  • High Value: 454,458
  • Low Value: 312,694

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,100
  • Assessed Land Value: $90,700
  • Assessed Improvements Value: $183,400

    Sales

  • Current Sale Recording Date: Feb 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19132
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Amount: $249,900
  • 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

2379 ft²

Average Home Age

65.3 years

Currently For Sale

1996 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: 6 months ago
Data Source: MLS PIN, MLS# 70156300

Frequently Asked Questions

When was property at 281 Worcester Road built and last sold?
The property at 281 Worcester Road was built in 1967 and last sold on Jan 1, 1970 for $212,470.
How much is this home worth?
The estimated value of the home located at 281 Worcester Road is $257,196.
What are some comparable homes to 281 Worcester Road?
There are currently no comparable homes to 281 Worcester Road.
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