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Worcester 01747
5 Charlesgate Rd
$480,000
● House - Off Market

5 Charlesgate Rd

Hopedale, MA 01747
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,326 Ft²
$2,678
Est. Monthly

About This Property

Welcome to this well maintained Ranch in desirable Hopedale on nearly half an acre lot.  This 3 bed 1 bath home with Attached Garage is ready for you to make it your own. Enter into a large Living Room featuring a brick fireplace and large picture window offering tons of natural light. The home features Hardwood floors, brand new septic system, and new entry door as well as other upgrades done in recent years.  The unfinished basement has tons of potential to add to the sq footage of the home!  Enjoy the ease and convenience that one floor living has to offer.  Showings Start at OH Sat 2/17 from 12-2pm.  Offers will be reviewed as submitted.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$339
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1959

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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 #73200710)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Feb 20, 2024 In contract -
In contract
Feb 13, 2024 Listed by Century 21 The Real Estate Group $449,000
Listed by Century 21 The Real Estate Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,326
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,850
  • Total Building Area: 1,326
  • Gross Building Area: 3,084
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000456
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hopedale School District
  • School Tax School District: HOPEDALE SD
  • Census Tract: 745100

Zoning

  • Zoning: GB-A

Geography

  • Parcel: HOPE M:0024 B:0017 L:0
  • Block: 17
  • Municipality: HOPEDALE
  • Latitude: 42.1075
  • Longitude: -71.5043

    Address

  • Full Address: 5 Charlesgate Rd
  • Address - House Number: 5
  • Address - Street Name: Charlesgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hopedale
  • Carrier Code: C004
  • 4-Digit Zip Code: 1502
  • Zip Code: 01747

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $567,600

    Appraisal Valuation

  • Standard Deviation: 0.0856
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 459,740
  • High Value: 499,135
  • Low Value: 420,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $341,900
  • Assessed Land Value: $155,700
  • Assessed Improvements Value: $186,200

    Sales

  • Current Sale Contract Date: Mar 29, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 22620
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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73200710

Frequently Asked Questions

When was property at 5 Charlesgate Road built and last sold?
The property at 5 Charlesgate Road was built in 1959 and last sold on Mar 29, 2024 for $480,000.
How much is this home worth?
The estimated value of the home located at 5 Charlesgate Road is $453,386.
What are some comparable homes to 5 Charlesgate Road?
There are currently no comparable homes to 5 Charlesgate Road.
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