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Worcester 01468
332 Otter River Road
$223,700
● House - Off Market

332 Otter River Road

Templeton, MA 01468
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$315,111
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

New to the market! Newly renovated move-in ready 3 bedroom ranch nestled on a flat leveled corner lot! Property features a new architectural roof, new flooring, new doors, window and door trim throughout. Open concept floor plan. Brand new efficient Fujitsu heating and cooling unit installed. New 200 amp electric service installed. Fresh coat of paint throughout. New kitchen with granite countertops and island. Newly built deck in the back for summer cookouts and entertaining! Full sized finished basement with new carpet. Flat yard. Location is conveniently located minutes from Route 2 for commuting. Open house on Saturday 8/10 11 - 1 PM.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$207
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72546594)

Price History

Date / Event Date Event Price
Sep 19, 2019 Sold
Premium
Sold
Aug 7, 2019 Listed by ERA Key Realty Services- Spenc $215,000
Listed by ERA Key Realty Services- Spenc
Jan 25, 2019 Sold
Premium
Sold
Nov 6, 2018 Listed by ERA Key Realty Services- Spenc $109,000
Listed by ERA Key Realty Services- Spenc

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 15,246
  • Total Building Area: 1,040
  • Gross Building Area: 2,420
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 705102

Geography

  • Account Number: 2949
  • Parcel: TEMP M:05-09 B:00018 L:00008
  • Block: 18
  • Lot: 8
  • Municipality: TEMPLETON
  • Latitude: 42.5772
  • Longitude: -72.0541

    Address

  • Full Address: 332 Otter River Rd
  • Address - House Number: 332
  • Address - Street Name: Otter River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Templeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1426
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 331,773
  • High Value: 397,789
  • Low Value: 265,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,900
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $212,900

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Sep 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96988
  • Previous Sale Recording Date: Jan 25, 2019
  • Previous Sale Contract Date: Jan 21, 2019
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2400 ft²

Average Home Age

64.6 years

Currently For Sale

2117 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: 5 months ago
Data Source: MLS PIN, MLS# 72546594

Frequently Asked Questions

When was property at 332 Otter River Road built and last sold?
The property at 332 Otter River Road was built in 1975 and last sold on Sep 11, 2019 for $223,700.
How much is this home worth?
The estimated value of the home located at 332 Otter River Road is $216,563.
What are some comparable homes to 332 Otter River Road?
There are currently no comparable homes to 332 Otter River Road.
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