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Worcester
53 Colony Rd
$340,000
● House - Off Market

53 Colony Rd

Westminster, MA 01473
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$350,364
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

****Price Reduced..... Seller is also offering buyer $5000 credit at closing towards prepaids, closing costs and or points w/full price offer. Charming 3 Bedroom Ranch minutes to Rt 2. Open Concept with lots of Natural Light. This home features Large Living Room, Kitchen with Peninsula that opens to Dining area, Main Bedroom, Bath, and 2 Bedrooms along with Unheated Bonus Room/Sunroom/Porch. Nice Size Deck to Large Level Back Yard,1 Car Garage along with Shed. Basement is Large and lots of space that could be finished for Additional Bonus Space. Septic Replaced in 2015. Book Your Appointment Today!!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$258
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1967

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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 #73066832)

Price History

Date / Event Date Event Price
Mar 3, 2023 Sold
Premium
Sold
Jan 15, 2023 In contract -
In contract
Dec 29, 2022 Listed by Keller Williams Realty North Central $340,000
Listed by Keller Williams Realty North Central
Dec 11, 2007 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 30,492
  • Total Building Area: 1,320
  • Gross Building Area: 2,472
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • 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: 1151
  • Parcel: WMIN M:67 B: L:19
  • Lot: 19
  • Municipality: WESTMINSTER
  • Latitude: 42.5672
  • Longitude: -71.9401

    Address

  • Full Address: 53 Colony Rd
  • Address - House Number: 53
  • Address - Street Name: Colony
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westminster
  • Carrier Code: R003
  • 4-Digit Zip Code: 1035
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 372,166
  • High Value: 436,983
  • Low Value: 307,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,100
  • Assessed Land Value: $111,300
  • Assessed Improvements Value: $181,800

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2914
  • Previous Sale Recording Date: Dec 11, 2007
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73066832

Frequently Asked Questions

When was property at 53 Colony Road built and last sold?
The property at 53 Colony Road was built in 1967 and last sold on Mar 3, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 53 Colony Road is $346,006.
What are some comparable homes to 53 Colony Road?
There are currently no comparable homes to 53 Colony Road.
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