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Worcester 01581
3 Frances Dr (Lot 8a)
$443,600
● House - Off Market

3 Frances Dr (Lot 8a)

Westborough, MA 01581
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,622,408
RealtyHop Estimate
260.62%
Since Aug 1, 1997
National-US
Primary Model

About This Property

RE/MAX 1ST CHOICE PRESENTS:TONY ABU'S FAY ACRES*AWESOME LOT W/WOODED REAR (ACRE+!)*CUSTOM COLONIAL W/CENT A/C*VAULTED & SKYLIT MSTR BATH*TILED SOAKING TUB*GORGEOUS CUSTOMIZED QUAL SETS TONY'S WORK APART*CALL 4 COLOR BROCHURE&ACCOMP SHOWING
Unit Size
3,000 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

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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 years ago (MLSPIN #30135558)

Price History

Date / Event Date Event Price
Dec 16, 2020 Sold
Premium
Sold
Oct 28, 2020 Listed $900,000
Listed
Jul 17, 1997 Sold
Premium
Sold
Nov 7, 1996 Listed $449,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,681
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,399
  • Total Building Area: 3,345
  • Gross Building Area: 6,369
  • Building Area: 3,345
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,345
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001157
  • 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: 742401

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0008 B:000277 L:0
  • Block: 277
  • Municipality: WESTBOROUGH
  • Latitude: 42.2439
  • Longitude: -71.6468

    Address

  • Full Address: 3 Frances Dr
  • Address - House Number: 3
  • Address - Street Name: Frances
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westborough
  • Carrier Code: R003
  • 4-Digit Zip Code: 3845
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,810,200

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,156,337
  • High Value: 1,363,696
  • Low Value: 948,979

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,103,100
  • Assessed Land Value: $364,800
  • Assessed Improvements Value: $738,300

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 156883
  • Previous Sale Recording Date: Jul 17, 1997
  • Previous Sale Amount: $444,098
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30135558

Frequently Asked Questions

When was property at 3 Frances Drive built and last sold?
The property at 3 Frances Drive was built in 1997 and last sold on Dec 14, 2020 for $930,000.
How much is this home worth?
The estimated value of the home located at 3 Frances Drive is $0.
What are some comparable homes to 3 Frances Drive?
There are currently no comparable homes to 3 Frances Drive.
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