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Worcester
565 Old West Warren Rd
$235,000
● House - Off Market

565 Old West Warren Rd

Warren, MA 01083
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$314,902
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

*** Multiple Offers In Hand*** Welcome, Home!! One look and you will want to own this cozy ranch on about 1-acre lot with a private back yard. Upon entering you are going to love the charm, character, and feel of this home. Inside you will find a cabinet packed kitchen. Plenty of room downstairs in the basement to providing an additional living area with a ½ bath. Back yard with plenty of room for pets or a place for the kids to play. A beautiful screened-in porch to enjoy in the evening while reading without the bugs. This home also features a 1 car attached garage with workspace! Updated electrical panel. All and Any offer will be reviewed on July 14th, 2020.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$182
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1956

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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 #72688667)

Price History

Date / Event Date Event Price
Aug 26, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by Century 21 XSELL REALTY $229,900
Listed by Century 21 XSELL REALTY

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,140
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,154
  • Total Building Area: 1,260
  • Gross Building Area: 2,998
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000830
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • Census Tract: 761100

Zoning

  • Zoning: VIL

Geography

  • Parcel: WARR M:0015 B:0000 L:55
  • Lot: 55
  • Municipality: WARREN
  • Latitude: 42.2148
  • Longitude: -72.2284

    Address

  • Full Address: 565 Old West Warren Rd
  • Address - House Number: 565
  • Address - Street Name: Old West Warren
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Warren
  • Carrier Code: R777
  • 4-Digit Zip Code: 5040
  • Zip Code: 01092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $414,600

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 316,793
  • High Value: 381,692
  • Low Value: 251,894

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,400
  • Assessed Land Value: $52,100
  • Assessed Improvements Value: $210,300

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 96563
  • Previous Sale Recording Date: Jul 09, 2004
  • 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

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# 72688667

Frequently Asked Questions

When was property at 565 Old West Warren Road built and last sold?
The property at 565 Old West Warren Road was built in 1956 and last sold on Aug 21, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 565 Old West Warren Road is $239,516.
What are some comparable homes to 565 Old West Warren Road?
There are currently no comparable homes to 565 Old West Warren Road.
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