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Worcester 01475
55 Pinewood Dr
$399,000
● House - Off Market

55 Pinewood Dr

Winchendon, MA 01475
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$402,106
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Nearly New For You!  3 Bedroom Ranch in a Newer Cul-de-Sac location, Convenient to RTE12, 101, and NH line and shopping.  Open Concept, Front Porch, Back Deck, abuts Federal Conservation land. Custom Kitchen Cabinetry and Countertops. All appliances stay and washer/dryer. Central AC  Full Basement has plenty of room to finish off for extra living space and a separate workshop. Outside shed included.  Owners have furniture available but not included in the purchase price of the Home. Impossible to build this quality ranch today for this price!  Showings Begin at the Open House on Sat-Feb 19 10-1:30, and Sunday Feb 20 11:00-1:30.  Please do not block Driveway openings.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$285
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
2016

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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 #72943244)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by Bean Group $399,000
Listed by Bean Group
Jun 9, 2017 Sold
Premium
Sold
Jul 19, 2016 Listed by Bean Group $229,900
Listed by Bean Group
Sep 26, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 1,400
  • Gross Building Area: 3,330
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchendon School District
  • School Tax School District: WINCHENDON SD
  • Census Tract: 702202

Zoning

  • Zoning: R3

Geography

  • District: 343
  • Parcel: WINC M:4 B:0 L:213
  • Lot: 213
  • Municipality: WINCHENDON
  • Latitude: 42.6919
  • Longitude: -72.0787

    Address

  • Full Address: 55 Pinewood Dr
  • Address - House Number: 55
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Winchendon
  • Carrier Code: C003
  • 4-Digit Zip Code: 2272
  • Zip Code: 01475

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 462,328
  • High Value: 546,247
  • Low Value: 378,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $370,400
  • Assessed Land Value: $42,100
  • Assessed Improvements Value: $328,300

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48142
  • Previous Sale Recording Date: Jun 09, 2017
  • Previous Sale Amount: $237,300
  • 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

58

Average Home Size

2390 ft²

Average Home Age

63.6 years

Currently For Sale

2084 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: 5 months ago
Data Source: MLS PIN, MLS# 72943244

Frequently Asked Questions

When was property at 55 Pinewood Drive built and last sold?
The property at 55 Pinewood Drive was built in 2016 and last sold on May 2, 2022 for $399,000.
How much is this home worth?
The estimated value of the home located at 55 Pinewood Drive is $397,166.
What are some comparable homes to 55 Pinewood Drive?
There are currently no comparable homes to 55 Pinewood Drive.
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