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Worcester
311 Richards Ave
Photo of 311 Richards Ave
Sold on Dec 6, 2004

1

Map

$277,000
● House - Off Market

311 Richards Ave

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,599 Ft²
$581,839
RealtyHop Estimate
94.01%
Since Jan 1, 2005
National-US
Primary Model

About This Property

Antique charmer nestled on just under 2 acres of land. "Must see" private setting. Many recent windows, updated kitchen & baths with all new appliances, also recent roof, hot water, and furnace plus updated electrical. Title 5 certificate in hand. Won't last-move in condition. One of the nicest house lots that I have seen in a while...MUST SEE!!...private yet close to  conveniences and neighborhoods! Absolutely a terrific combination. 400 feet of road frontage! Home is in MOVE-IN CONDITION!
Unit Size
1,599 Ft²
Days on Market
-
Land Size
1.93 acres
Price per sqft
$188
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1780

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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: 5 months ago (MLSPIN #70063367)

Price History

Date / Event Date Event Price
Dec 3, 2004 Sold
Premium
Sold
Jul 15, 2004 Listed $299,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1780
  • Effective Year Built: 1780
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • 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: 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: 83,958
  • Total Building Area: 1,788
  • Gross Building Area: 3,519
  • Building Area: 1,788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,788
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001927
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: OR4

Geography

  • Account Number: 646
  • Parcel: PAXT M:00017 L:00038
  • Lot: 38
  • Municipality: PAXTON
  • Latitude: 42.3312
  • Longitude: -71.9331

    Address

  • Full Address: 311 Richards Ave
  • Address - House Number: 311
  • Address - Street Name: Richards
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Paxton
  • Carrier Code: C032
  • 4-Digit Zip Code: 1117
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $731,700

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 509,672
  • High Value: 592,443
  • Low Value: 426,901

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,300
  • Assessed Land Value: $126,100
  • Assessed Improvements Value: $329,200

    Sales

  • Current Sale Recording Date: Dec 03, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 220032
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

2391 ft²

Average Home Age

64.3 years

Currently For Sale

2106 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: 5 months ago
Data Source: MLS PIN, MLS# 70063367

Frequently Asked Questions

When was property at 311 Richards Avenue built and last sold?
The property at 311 Richards Avenue was built in 1780 and last sold on Jan 1, 1970 for $277,000.
How much is this home worth?
The estimated value of the home located at 311 Richards Avenue is $309,651.
What are some comparable homes to 311 Richards Avenue?
There are currently no comparable homes to 311 Richards Avenue.
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