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Worcester 01543
57 Wheeler Rd
$240,000
● House - Off Market

57 Wheeler Rd

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,820 Ft²
$362,333
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Location, location, location! Solid ranch style home on a beautiful private lot. 2 car garage, storage shed and a great deck for your family gatherings. Master bedroom with full bath! Interior needs some updating but the potential is there. Lot's of character! Come take a look at this home!
Unit Size
1,820 Ft²
Days on Market
-
Land Size
3.18 acres
Price per sqft
$132
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1971

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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: 6 months ago (MLSPIN #72386855)

Price History

Date / Event Date Event Price
Feb 21, 2019 Sold
Premium
Sold
Oct 11, 2018 Sold
Premium
Sold
Aug 31, 2018 Listed by HJRealty Group, LLC $240,000
Listed by HJRealty Group, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 138,521
  • Total Building Area: 1,820
  • Gross Building Area: 4,167
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:58 B:B L:7
  • Block: B
  • Lot: 7
  • Municipality: RUTLAND
  • Latitude: 42.3862
  • Longitude: -71.9318

    Address

  • Full Address: 57 Wheeler Rd
  • Address - House Number: 57
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rutland
  • Carrier Code: R005
  • 4-Digit Zip Code: 1905
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,000

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 464,214
  • High Value: 550,227
  • Low Value: 378,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,900
  • Assessed Land Value: $93,100
  • Assessed Improvements Value: $307,800

    Sales

  • Current Sale Contract Date: Feb 20, 2019
  • Current Sale Recording Date: Feb 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15699
  • Previous Sale Recording Date: Oct 11, 2018
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: 34
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 6 months ago
Data Source: MLS PIN, MLS# 72386855

Frequently Asked Questions

When was property at 57 Wheeler Road built and last sold?
The property at 57 Wheeler Road was built in 1971 and last sold on Feb 20, 2019 for $240,000.
How much is this home worth?
The estimated value of the home located at 57 Wheeler Road is $257,125.
What are some comparable homes to 57 Wheeler Road?
There are currently no comparable homes to 57 Wheeler Road.
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