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Worcester 01005
481 Cutler Road
Photo of 481 Cutler Road
Sold on Jul 19, 2007

1

Map

$280,000
● House - Off Market

481 Cutler Road

Barre, MA 01005
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$499,713
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

30 x 54 Ranch on  2 acres.3 Bedroom, 2 full baths, 1st floor laundry. 30 x 8 Trex farmers porch on front with vinyl railings. Hardwoods in living room and hallway, ceramic tile in the open kitchen/dining with sliders to a 10x16 deck overlooks  hugh backyard backed up by woods.  2 car gargage under. Full bath off the master. Includes paved driveway. Be in for Summer. A quiet country road just 5 minutes from Barre Common.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
1.84 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

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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 #70518450)

Price History

Date / Event Date Event Price
Jul 19, 2007 Sold
Premium
Sold
Jan 30, 2007 Listed $289,900
Listed

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 80,317
  • Total Building Area: 1,620
  • Gross Building Area: 3,630
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • 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: 0000001844
  • 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: R80

Geography

  • Account Number: 100833
  • Parcel: BARR M:000D B:022A L:
  • Block: 22A
  • Municipality: BARRE
  • Latitude: 42.3955
  • Longitude: -72.1325

    Address

  • Full Address: 481 Cutler Rd
  • Address - House Number: 481
  • Address - Street Name: Cutler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Barre
  • Carrier Code: R002
  • 4-Digit Zip Code: 8920
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $503,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 434,486
  • High Value: 492,057
  • Low Value: 376,915

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,300
  • Assessed Land Value: $39,000
  • Assessed Improvements Value: $278,300

    Sales

  • Current Sale Recording Date: Jul 19, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00095378
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

58

Average Home Size

2390 ft²

Average Home Age

63.6 years

Currently For Sale

2084 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# 70518450

Frequently Asked Questions

When was property at 481 Cutler Road built and last sold?
The property at 481 Cutler Road was built in 2007 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 481 Cutler Road is $301,041.
What are some comparable homes to 481 Cutler Road?
There are currently no comparable homes to 481 Cutler Road.
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