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Worcester 01005
516 Worcester Rd
$180,000
● House - Off Market

516 Worcester Rd

Barre, MA 01005
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$280,210
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Meticulously maintained 2+ bedroom ranch featuring hardwood floors throughout, eat-in kitchen, spacious living room with built-in AC, 2 bedrooms, first floor den that was prior 3rd bedroom and wonderful screen porch. Updates include vinyl siding, young architectural shingled roof, vinyl windows and water heater. Forced hot water boiler just serviced and house also includes back-up propane heat. Lower level laundry room includes washer/dryer and has a stall shower. Exterior features beautiful yard and young driveway.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$175
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1953

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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 #72369798)

Price History

Date / Event Date Event Price
Oct 4, 2018 Sold
Premium
Sold
Jul 27, 2018 Listed by Janice Mitchell R.E., Inc $185,000
Listed by Janice Mitchell R.E., Inc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 30,000
  • Total Building Area: 1,056
  • Gross Building Area: 2,232
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • 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: 1774
  • Parcel: BARR M:000H B:0099 L:
  • Block: 99
  • Municipality: BARRE
  • Latitude: 42.3994
  • Longitude: -72.0873

    Address

  • Full Address: 516 Worcester Rd
  • Address - House Number: 516
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Barre
  • Carrier Code: R003
  • 4-Digit Zip Code: 9192
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $352,400

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 300,109
  • High Value: 359,969
  • Low Value: 240,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,200
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $181,300

    Sales

  • Current Sale Recording Date: Oct 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105669
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 4 months ago
Data Source: MLS PIN, MLS# 72369798

Frequently Asked Questions

When was property at 516 Worcester Road built and last sold?
The property at 516 Worcester Road was built in 1953 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 516 Worcester Road is $193,265.
What are some comparable homes to 516 Worcester Road?
There are currently no comparable homes to 516 Worcester Road.
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