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Worcester 01005
348 Nichols
$189,400
● House - Off Market

348 Nichols

Barre, MA 01005
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$373,467
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

Young three bedroom ranch on 3/4 acre lot, country setting house on side street. Large storage shed.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$193
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1989

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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: 4 months ago (MLSPIN #70039261)

Price History

Date / Event Date Event Price
Aug 28, 2025 Sold
Premium
Sold
Jul 14, 2025 In contract -
In contract
Jul 7, 2025 Listed by RE/MAX Prof Associates $315,000
Listed by RE/MAX Prof Associates
Charming and private, this cute 3-bedroom, 1-bath home in Barre offers cozy living in a peaceful setting. Surrounded by trees and set back from the road, you'll enjoy privacy while being just minutes to Route 122 and only 20 minutes to Worcester. Inside, the home features a bright living space, an inviting kitchen, and three comfortable bedrooms—perfect for families, guests, or a home office. The full bath has a large storage closet, and the layout is both practical and welcoming. Step outside to enjoy the spacious yard, ideal for relaxing, gardening, or entertaining. Full basement has tall ceilings and one partially finished room. A wonderful opportunity for first-time buyers or anyone looking for a quiet place to call home.
Jul 30, 2004 Sold
Premium
Sold
May 24, 2004 Listed by Century 21 I & V Walsh R.E. $184,900
Listed by Century 21 I & V Walsh R.E.
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • 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: 31,873
  • Total Building Area: 960
  • Gross Building Area: 2,047
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000732
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • School Tax School District: QUABBIN SD
  • Census Tract: 722100

Zoning

  • Zoning: TBD

Geography

  • Account Number: 2123
  • Parcel: BARR M:000H B:0449 L:
  • Block: 449
  • Municipality: BARRE
  • Latitude: 42.3892
  • Longitude: -72.095

    Address

  • Full Address: 348 Nichols Rd
  • Address - House Number: 348
  • Address - Street Name: Nichols
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Barre
  • Carrier Code: R003
  • 4-Digit Zip Code: 8808
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,300

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 322,317
  • High Value: 386,607
  • Low Value: 258,027

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,900
  • Assessed Land Value: $37,600
  • Assessed Improvements Value: $188,300

    Sales

  • Current Sale Recording Date: Jul 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 139795
  • Previous Sale Recording Date: Dec 03, 2001
  • Previous Sale Amount: $122,150
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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: 4 months ago
Data Source: MLS PIN, MLS# 70039261

Frequently Asked Questions

When was property at 348 Nichols Road built and last sold?
The property at 348 Nichols Road was built in 1989 and last sold on Jan 1, 1970 for $189,400.
How much is this home worth?
The estimated value of the home located at 348 Nichols Road is $303,615.
What are some comparable homes to 348 Nichols Road?
There are currently no comparable homes to 348 Nichols Road.
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