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Worcester 01583
3 Pine Arden
$420,000
● House - Off Market

3 Pine Arden

West Boylston, MA 01583
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,860 Ft²
$2,543
Est. Monthly
9.20%
Cap Rate

About This Property

VERY MOTIVATED SELLER!  Worth Showing!  A  beautiful house.  Sought-after neighborhood!  Well-kept 4BR cape.  Gleaming hardwoods on first floor. Sunny 21x15 family room with walls of windows and cathedral ceilings. First floor office, laundry and master bedroom. ( one of the second floor bedrooms could be a master bedroom very nicely!)  THREE-car garage, park-like grounds. Newer roof and recent exterior paint.  Truly, a great home on a beautiful piece of property backed by DCR land.
Unit Size
2,860 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$147
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1956

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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: 2 years ago (MLSPIN #70954476)

Price History

Date / Event Date Event Price
Aug 19, 2020 Sold
Premium
Sold
Jun 5, 2020 Listed $505,000
Listed
Jun 8, 2010 Sold
Premium
Sold
Jul 29, 2009 Listed $420,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,293
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,884
  • Total Building Area: 2,897
  • Gross Building Area: 5,230
  • Building Area: 2,897
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,897
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000571
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Boylston School District
  • School Tax School District: W BOYLSTON SD
  • Census Tract: 729100

Geography

  • Parcel: WBOY M:0137 B:0010 L:0000
  • Block: 10
  • Municipality: WEST BOYLSTON
  • Latitude: 42.3741
  • Longitude: -71.7948

    Address

  • Full Address: 3 Pine Arden Dr
  • Address - House Number: 3
  • Address - Street Name: Pine Arden
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Boylston
  • Carrier Code: C006
  • 4-Digit Zip Code: 1024
  • Zip Code: 01583

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $897,400

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 688,976
  • High Value: 813,400
  • Low Value: 564,552

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,200
  • Assessed Land Value: $122,200
  • Assessed Improvements Value: $485,000

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93139
  • Previous Sale Recording Date: Jun 08, 2010
  • Previous Sale Amount: $375,000
  • 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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 70954476

Frequently Asked Questions

When was property at 3 Pine Arden Drive built and last sold?
The property at 3 Pine Arden Drive was built in 1956 and last sold on Aug 13, 2020 for $507,000.
How much is this home worth?
The estimated value of the home located at 3 Pine Arden Drive is $0.
What are some comparable homes to 3 Pine Arden Drive?
There are currently no comparable homes to 3 Pine Arden Drive.
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