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Worcester 01005
460 Worcester Rd
$230,000
● House - Off Market

460 Worcester Rd

Barre, MA 01005
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,620 Ft²
$304,902
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Perfect starter home, easy, short commute to Worcester located within the Quabbin Regional School District, needing some updates,but in move in condition. Should qualify for FHA and VA loans.    Vinyl clad, one bath ranch with a sunny, enclosed front porch that enters into a living room with wood burning fireplace and hardwood floor.Separate dining room, 3 bedrooms - all with hardwood floors.  Mudroom/pantry/storage room with back yard access abuts the 50's Retro kitchen. One car garage under. Priced accordingly.   There is a tenant in the property, 24 hr notice required.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$136
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72673286)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jun 13, 2020 Listed by Michael Toomey & Associates, Inc. $219,900
Listed by Michael Toomey & Associates, Inc.

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 30,000
  • Total Building Area: 1,620
  • Gross Building Area: 3,460
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • 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: 1779
  • Parcel: BARR M:000H B:0103 L:
  • Block: 103
  • Municipality: BARRE
  • Latitude: 42.401
  • Longitude: -72.0878

    Address

  • Full Address: 460 Worcester Rd
  • Address - House Number: 460
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Barre
  • Carrier Code: R003
  • 4-Digit Zip Code: 9102
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 346,090
  • High Value: 417,915
  • Low Value: 274,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,700
  • Assessed Land Value: $37,200
  • Assessed Improvements Value: $211,500

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84464
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

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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# 72673286

Frequently Asked Questions

When was property at 460 Worcester Road built and last sold?
The property at 460 Worcester Road was built in 1950 and last sold on Jul 21, 2020 for $230,000.
How much is this home worth?
The estimated value of the home located at 460 Worcester Road is $235,627.
What are some comparable homes to 460 Worcester Road?
There are currently no comparable homes to 460 Worcester Road.
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