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Worcester
508 Adams Rd
$580,000
● House - Off Market

508 Adams Rd

Oakham, MA 01068
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,736 Ft²
$556,274
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Lovingly maintained cape set back from road with plenty of space and lots of natural light.  Enter thru the heated mud room to the large updated kitchen with granite countertops, a prep sink and a large center island. Enjoy the bamboo floors throughout the house and radiant heat on the first floor.  The windows were replaced last year. The living room has built in cabinets and opens onto the back deck.  A basement family room complete with an extra bath adds additional living space.  The yard offers over 7 acres of space with a variety of fruit trees and garden beds along with a salt water pool that will add to your enjoyment.  There is also a two car garage and a generator hookup.
Unit Size
2,736 Ft²
Days on Market
-
Land Size
7.30 acres
Price per sqft
$201
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72961374)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by Keller Williams Realty Greater Worcester $549,900
Listed by Keller Williams Realty Greater Worcester
Sep 9, 2015 Sold
Premium
Sold
Jun 29, 2015 Listed by Keller Williams Realty Greater Worcester $275,000
Listed by Keller Williams Realty Greater Worcester
Oct 17, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,356
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 317,988
  • Total Building Area: 2,295
  • Gross Building Area: 5,290
  • Building Area: 2,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,295
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 721101

Geography

  • Account Number: 2224070000000530
  • District: 222
  • Parcel: OAKH M:4070 B:0000 L:00530
  • Lot: 530
  • Municipality: OAKHAM
  • Latitude: 42.3601
  • Longitude: -72.0757

    Address

  • Full Address: 508 Adams Rd
  • Address - House Number: 508
  • Address - Street Name: Adams
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oakham
  • Carrier Code: R001
  • 4-Digit Zip Code: 9674
  • Zip Code: 01068

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,200

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 536,648
  • High Value: 620,595
  • Low Value: 452,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $553,400
  • Assessed Land Value: $153,300
  • Assessed Improvements Value: $400,100

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71117
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Amount: $275,000
  • 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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 72961374

Frequently Asked Questions

When was property at 508 Adams Road built and last sold?
The property at 508 Adams Road was built in 1977 and last sold on Jun 29, 2022 for $580,000.
How much is this home worth?
The estimated value of the home located at 508 Adams Road is $555,842.
What are some comparable homes to 508 Adams Road?
There are currently no comparable homes to 508 Adams Road.
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