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Worcester
5 Gatehouse Rd
$708,000
● House - Off Market

5 Gatehouse Rd

Westminster, MA 01473
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,583 Ft²
$3,984
Est. Monthly

About This Property

Welcome to this stunning colonial home in Westminster, MA with picturesque views of Mount Wachusett and Wyman Lake. This spacious property features a two-car attached garage, 4 bedrooms, and 3.5 bathrooms. The kitchen boasts brand new appliances and fresh paint. The primary suite includes a luxurious brand new jacuzzi tub and a California closet for ample storage space. In the walk out lower level you will find a finished bonus area with a wet bar GREAT for entertaining. This home offers central AC and Whole house Vacuum. Located conveniently near 140 and Route 2, this home offers both comfort and convenience. Don't miss the opportunity to make this beautiful colonial your own. Schedule a showing today!**Offer in hand - all offers due by Friday 3/29 at 2PM**
Unit Size
3,583 Ft²
Days on Market
-
Land Size
2.06 acres
Price per sqft
$195
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
2002

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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 #73215994)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Mar 31, 2024 In contract -
In contract
Mar 25, 2024 Listed by LAER Realty Partners $700,000
Listed by LAER Realty Partners
Oct 2, 2023 Sold
Premium
Sold
Aug 21, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 89,920
  • Total Building Area: 2,563
  • Gross Building Area: 5,237
  • Building Area: 2,563
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,563
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTMINSTER
  • Land Acres: 0000002064
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: 1382
  • Parcel: WMIN M:172 B: L:55
  • Lot: 55
  • Municipality: WESTMINSTER
  • Latitude: 42.5154
  • Longitude: -71.8809

    Address

  • Full Address: 5 Gatehouse Rd
  • Address - House Number: 5
  • Address - Street Name: Gatehouse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westminster
  • Carrier Code: R002
  • 4-Digit Zip Code: 1627
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $628,600

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 629,492
  • High Value: 733,492
  • Low Value: 525,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,300
  • Assessed Land Value: $112,200
  • Assessed Improvements Value: $369,100

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13603
  • Previous Sale Recording Date: Feb 03, 2017
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: 55
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 73215994

Frequently Asked Questions

When was property at 5 Gatehouse Road built and last sold?
The property at 5 Gatehouse Road was built in 2002 and last sold on Oct 2, 2023 for $680,000.
How much is this home worth?
The estimated value of the home located at 5 Gatehouse Road is $719,331.
What are some comparable homes to 5 Gatehouse Road?
There are currently no comparable homes to 5 Gatehouse Road.
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