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Worcester
3 Indian Hill Rd
$425,000
● House - Off Market

3 Indian Hill Rd

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,551 Ft²
$398,901
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Multiple offers- Best and final due by 5/23 @ 8pm         Have you been looking for a beautiful home in Paxton? Here it is! Welcome Home to this beautifully maintained Cape style home in a wonderful family neighborhood. Perfect time to enjoy summer in the sparkling inground pool surrounded by pristine landscaping with patio and large deck area. Hardwood floors in the dining area, living room, bedrooms, office and hallways. Tile in the kitchen and both full baths. The main living area has a pellet stove to make those winter nights a bit cozier. Updated kitchen and appliances with a perfect view to the back yard and pool area. Walk out of the full basement into a storage space directly to the fenced in pool area.  Showings begin at the Open House Sunday 5/22 from 11:30 am-1:30pm.
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$251
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1954

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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: 6 months ago (MLSPIN #72985487)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
May 20, 2022 Listed by RE/MAX Prof Associates $389,900
Listed by RE/MAX Prof Associates
Nov 22, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 15,000
  • Total Building Area: 1,551
  • Gross Building Area: 3,359
  • Building Area: 1,551
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,551
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: R4

Geography

  • Account Number: 1621
  • Parcel: PAXT M:00027 L:0121A
  • Lot: 121A
  • Municipality: PAXTON
  • Latitude: 42.2899
  • Longitude: -71.8952

    Address

  • Full Address: 3 Indian Hill Rd
  • Address - House Number: 3
  • Address - Street Name: Indian Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Paxton
  • Carrier Code: C027
  • 4-Digit Zip Code: 1419
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $566,600

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 458,213
  • High Value: 565,646
  • Low Value: 350,780

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $352,600
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $249,700

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77442
  • Previous Sale Recording Date: Nov 22, 1993
  • Previous Sale Amount: $127,200
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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: 6 months ago
Data Source: MLS PIN, MLS# 72985487

Frequently Asked Questions

When was property at 3 Indian Hill Road built and last sold?
The property at 3 Indian Hill Road was built in 1954 and last sold on Jul 15, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 3 Indian Hill Road is $399,825.
What are some comparable homes to 3 Indian Hill Road?
There are currently no comparable homes to 3 Indian Hill Road.
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