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Worcester 01581
3 Fairview Rd
$300,000
● House - Off Market

3 Fairview Rd

Westborough, MA 01581
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,491 Ft²
$484,781
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Welcome to Westborough!!  Great opportunity to reinvigorate this home to your style*Open and bright*Cabinet-packed Kitchen*Hardwood floors in the Dining and Living Rooms*Two full bathrooms*Three nicely sized carpeted bedrooms*Master Bedroom has newer carpet, built-in drawers and a walk-in closet*Second bedroom has newer carpet and offers a lovely cedar closet*Ample storage throughout*Enjoy the flatter rear yard*Close to train, major routes and shopping*
Unit Size
1,491 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$214
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1950

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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 #72428690)

Price History

Date / Event Date Event Price
Jan 31, 2019 Sold
Premium
Sold
Nov 30, 2018 Listed by Andrew J. Abu Inc., REALTORS® $319,000
Listed by Andrew J. Abu Inc., REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,758
  • Total Building Area: 1,488
  • Gross Building Area: 2,976
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000339
  • 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:0027 B:000238 L:0
  • Block: 238
  • Municipality: WESTBOROUGH
  • Latitude: 42.2796
  • Longitude: -71.6299

    Address

  • Full Address: 3 Fairview Rd
  • Address - House Number: 3
  • Address - Street Name: Fairview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westborough
  • Carrier Code: C004
  • 4-Digit Zip Code: 1104
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $722,900

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 535,812
  • High Value: 638,450
  • Low Value: 433,174

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $440,500
  • Assessed Land Value: $282,900
  • Assessed Improvements Value: $157,600

    Sales

  • Current Sale Contract Date: Jan 23, 2019
  • Current Sale Recording Date: Jan 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9384
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72428690

Frequently Asked Questions

When was property at 3 Fairview Road built and last sold?
The property at 3 Fairview Road was built in 1950 and last sold on Jan 23, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 3 Fairview Road is $326,881.
What are some comparable homes to 3 Fairview Road?
There are currently no comparable homes to 3 Fairview Road.
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