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Worcester 01468
584 South Rd
$232,000
● House - Off Market

584 South Rd

Templeton, MA 01468
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$336,726
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Country setting yet close to school and highway access. Nicely kept by original owner. Open concept raised ranch with fully applianced kitchen & dining room have wood flooring, living room with bay window, 2 bedrooms and full bath with double sink vanity. Full basement with heated 2 car garage under and separate workshop, laundry room. Private flat backyard and side deck. Updated windows and roof per seller disclosure. Rough plumbed for central vac, irrigation system was winterized last year and not used this summer. Move right in....
Unit Size
960 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$239
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1997

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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 #72568901)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Sep 22, 2019 Listed by LAER Realty Partners $229,900
Listed by LAER Realty Partners
Oct 25, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 54,450
  • Total Building Area: 960
  • Gross Building Area: 2,020
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 705101

Geography

  • Account Number: 1423
  • Parcel: TEMP M:02-14 B:00028 L:00001
  • Block: 28
  • Lot: 1
  • Municipality: TEMPLETON
  • Latitude: 42.5132
  • Longitude: -72.0639

    Address

  • Full Address: 584 South Rd
  • Address - House Number: 584
  • Address - Street Name: South
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Templeton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1145
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $355,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 357,266
  • High Value: 428,355
  • Low Value: 286,178

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,000
  • Assessed Land Value: $52,900
  • Assessed Improvements Value: $222,100

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116700
  • Previous Sale Recording Date: Oct 25, 1991
  • Previous Sale Amount: $28,900
  • 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

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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# 72568901

Frequently Asked Questions

When was property at 584 South Road built and last sold?
The property at 584 South Road was built in 1997 and last sold on Oct 30, 2019 for $232,000.
How much is this home worth?
The estimated value of the home located at 584 South Road is $235,386.
What are some comparable homes to 584 South Road?
There are currently no comparable homes to 584 South Road.
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