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Worcester
53 Old Bay Road
$345,000
● House - Off Market

53 Old Bay Road

Bolton, MA 01740
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,372 Ft²
$692,024
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Rocky Hill Farm, long a treasured home for miniature horses, described by its owner as "a piece of heaven." This private horse haven includes a barn with stalls for 4 minis, donkeys, goats, or ponies + a 9x11 horse stall, tack room & hot/cold water, electricity & security cameras. There are 4 fenced paddocks  & a small electric-taped grassy field for grazing. The 3-bedroom ranch home has abundant natural light, 2 decks & a woodstove for backup heating. A separate heated 2-story garage offers storage & workshop areas. New hot water tank. Propane-powered generator will run the whole house if the power goes out!
Unit Size
1,372 Ft²
Days on Market
-
Land Size
6.05 acres
Price per sqft
$259
Property Type
House
Property Taxes
$545
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: 5 months ago (MLSPIN #71529686)

Price History

Date / Event Date Event Price
Dec 27, 2013 Sold
Premium
Sold
May 22, 2013 Listed by Coldwell Banker Residential Brokerage - Bolton $355,000
Listed by Coldwell Banker Residential Brokerage - Bolton

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 4
  • 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: 263,538
  • Total Building Area: 2,002
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006050
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • School Tax School District: NASHOBA SD
  • Census Tract: 715100

Zoning

  • Zoning: R1

Geography

  • Parcel: BOLT M:003B B:0000 L:0027
  • Lot: 27
  • Municipality: BOLTON
  • Latitude: 42.421
  • Longitude: -71.6178

    Address

  • Full Address: 53 Old Bay Rd
  • Address - House Number: 53
  • Address - Street Name: Old Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bolton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1344
  • Zip Code: 01740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $888,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1589
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 648,582
  • High Value: 751,653
  • Low Value: 545,512

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $546,300
  • Assessed Land Value: $243,700
  • Assessed Improvements Value: $302,600

    Sales

  • Current Sale Recording Date: Dec 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150328
  • Previous Sale Recording Date: Dec 27, 2013
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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# 71529686

Frequently Asked Questions

When was property at 53 Old Bay Road built and last sold?
The property at 53 Old Bay Road was built in 1977 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 53 Old Bay Road is $360,471.
What are some comparable homes to 53 Old Bay Road?
There are currently no comparable homes to 53 Old Bay Road.
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