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Worcester
3 Fairacre Drive
$272,500
● House - Off Market

3 Fairacre Drive

Boylston, MA 01505
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,640 Ft²
$505,726
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Location, location!  Here's your opportunity to live in a beautiful community near Cyprian Keys Golf Club. This expanded one level living offers a huge living room with double sided fireplace, built-ins, separate dining area and a slider to the family room.  This overlooks a lovely level lot with stone walls.  Two large bedrooms with hardwood flooring, replacement windows throughout and roof approximately 10 years.  Sprinkler system, newer furnace and water heater just replaced.  Oil tank approximately five years and cable in most rooms.  Basement with work bench and garage access.  Heated garage with opener.  Seller will do title V.  Good bones, this solid home appears to be in good shape and is being sold as is.
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$183
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1960

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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 #72061261)

Price History

Date / Event Date Event Price
Oct 27, 2016 Sold
Premium
Sold
Sep 2, 2016 Listed by RE/MAX Vision $299,900
Listed by RE/MAX Vision

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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
  • 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: 18,434
  • Total Building Area: 1,640
  • Gross Building Area: 3,588
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000423
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boylston School District
  • Census Tract: 718100

Geography

  • Account Number: 18-000063
  • Parcel: BOYL M:17 B:10
  • Block: 10
  • Municipality: BOYLSTON
  • Latitude: 42.3389
  • Longitude: -71.7363

    Address

  • Full Address: 3 Fairacre Dr
  • Address - House Number: 3
  • Address - Street Name: Fairacre
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Boylston
  • Carrier Code: R004
  • 4-Digit Zip Code: 1715
  • Zip Code: 01505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,000

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 519,605
  • High Value: 599,296
  • Low Value: 439,914

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,800
  • Assessed Land Value: $164,600
  • Assessed Improvements Value: $222,200

    Sales

  • Current Sale Recording Date: Oct 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123330
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: 4 months ago
Data Source: MLS PIN, MLS# 72061261

Frequently Asked Questions

When was property at 3 Fairacre Drive built and last sold?
The property at 3 Fairacre Drive was built in 1960 and last sold on Jan 1, 1970 for $272,500.
How much is this home worth?
The estimated value of the home located at 3 Fairacre Drive is $310,829.
What are some comparable homes to 3 Fairacre Drive?
There are currently no comparable homes to 3 Fairacre Drive.
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