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Worcester 01005
50 Town Farm Rd
$401,000
● House - Off Market

50 Town Farm Rd

Barre, MA 01005
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$2,271
Est. Monthly

About This Property

Welcome to your new home!  This beautiful ranch offers the convenience of true single-level living.  Boasting 2 bedrooms and 1 bathroom, this property is thoughtfully designed for both comfort and functionality.  Spacious eat-in kitchen with granite counters, tile backsplash, stainless steel appliances, tile floors, and a center island.  First-floor laundry for added convenience.  Beautiful hardwood and tile floors throughout for easy maintenance.  The heated walkout basement and framed attic offer exciting possibilities for expansion, allowing you to customize and create additional living space to suit your needs.  Enjoy the ease of single-level living while having the option to expand and make this home uniquely yours.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$357
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
2018

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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 #73198591)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Feb 7, 2024 In contract -
In contract
Feb 1, 2024 Listed by Keller Williams Realty North Central $379,900
Listed by Keller Williams Realty North Central
Jan 22, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 37,346
  • Total Building Area: 1,064
  • Gross Building Area: 3,084
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000857
  • 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: 1010131
  • Parcel: BARR M:000H B:120I L:
  • Block: 120I
  • Municipality: BARRE
  • Latitude: 42.3986
  • Longitude: -72.1001

    Address

  • Full Address: 50 Town Farm Rd
  • Address - House Number: 50
  • Address - Street Name: Town Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Barre
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,800

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 394,786
  • High Value: 428,482
  • Low Value: 361,091

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,300
  • Assessed Land Value: $38,700
  • Assessed Improvements Value: $267,600

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15300
  • Previous Sale Recording Date: Jan 22, 2018
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: O
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

2391 ft²

Average Home Age

64.3 years

Currently For Sale

2106 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# 73198591

Frequently Asked Questions

When was property at 50 Town Farm Road built and last sold?
The property at 50 Town Farm Road was built in 2018 and last sold on Feb 28, 2024 for $401,000.
How much is this home worth?
The estimated value of the home located at 50 Town Farm Road is $382,390.
What are some comparable homes to 50 Town Farm Road?
There are currently no comparable homes to 50 Town Farm Road.
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