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Worcester 01581
3 Arch Street
$345,000
● House - Off Market

3 Arch Street

Westborough, MA 01581
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,591 Ft²
$694,948
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Nicely Maintained and Updated 4 Bedroom Gambrel Cape Home in the Popular Arch Street Neighborhood. Beautiful Cherry Cabinet Kitchen with Stainless Steel Appliances, Granite countertops, Pantry cabinet,  Hardwood Floor, Open to the Dining room with built-in Cabinet and Ceiling Fan. Living room with Fireplace and woodstove insert. Bright rooms with custom ordered oversized windows in the Living room, Dining room and 1st Floor Bedroom/Office. 3 Bedrooms 2nd Floor with Hardwoods. Full Bath 2nd floor with Skylight. Many updates including the Roof in 2008, Kitchen 2008, 2nd Floor Bathroom, Interior Paint, New Front and Side Entry Doors. One Car Garage interior access. Deck, Stonewalls, Large Yard . Town Water and Town Sewer. Minutes to Shopping, Westborough and Grafton Trains and Major Routes.
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$224
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1965

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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 #71584321)

Price History

Date / Event Date Event Price
Dec 27, 2013 Sold
Premium
Sold
Sep 17, 2013 Listed by RE/MAX Prestige $356,500
Listed by RE/MAX Prestige

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,875
  • Total Building Area: 1,591
  • Gross Building Area: 2,688
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000387
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 742402

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0013 B:000035 L:0
  • Block: 35
  • Municipality: WESTBOROUGH
  • Latitude: 42.2546
  • Longitude: -71.6604

    Address

  • Full Address: 3 Arch St
  • Address - House Number: 3
  • Address - Street Name: Arch
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westborough
  • Carrier Code: R003
  • 4-Digit Zip Code: 3735
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $910,900

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 647,085
  • High Value: 751,721
  • Low Value: 542,450

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,100
  • Assessed Land Value: $312,500
  • Assessed Improvements Value: $242,600

    Sales

  • Current Sale Recording Date: Dec 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150467
  • Previous Sale Recording Date: Dec 27, 2013
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: O
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:

$499,925

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2401 ft²

Average Home Age

64.6 years

Currently For Sale

2106 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: 5 months ago
Data Source: MLS PIN, MLS# 71584321

Frequently Asked Questions

When was property at 3 Arch Street built and last sold?
The property at 3 Arch Street was built in 1965 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 3 Arch Street is $362,713.
What are some comparable homes to 3 Arch Street?
There are currently no comparable homes to 3 Arch Street.
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