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Worcester 01005
587 Pleasant
$457,900
● House - Off Market

587 Pleasant

Barre, MA 01005
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,861 Ft²
$2,317
Est. Monthly

About This Property

Spacious 3 bedroom, 2 bath home under construction on a 3/4-acre lot with views of Mount Wachusett. Great location in a nice neighborhood, while still being close to schools, the center of town and plaza shopping. Master suite with its own bathroom and two closets, along with two more bedrooms and another full bath.  Granite, hardwood floors, and tile throughout.  Anticipated completion by mid-January 2024.  Act now to customize your dream home, including choices of flooring, countertops and paint color.  Please include proof of funds or a Pre-Approval Letter with all offers.
Unit Size
1,861 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$242
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1965

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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 #73160120)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Dec 14, 2023 In contract -
In contract
Sep 15, 2023 Listed by Advantage Realty Network, Inc. $449,900
Listed by Advantage Realty Network, Inc.
Mar 13, 2023 Sold
Premium
Sold
Oct 8, 2021 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 16
  • 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: 30,492
  • Total Building Area: 1,092
  • Gross Building Area: 1,104
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Quabbin School District
  • School Tax School District: QUABBIN SD
  • Census Tract: 722100

Zoning

  • Zoning: R80

Geography

  • Account Number: 312
  • Parcel: BARR M:000B B:0101 L:
  • Block: 101
  • Municipality: BARRE
  • Latitude: 42.4363
  • Longitude: -72.1152

    Address

  • Full Address: 587 Pleasant St
  • Address - House Number: 587
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Barre
  • Carrier Code: R001
  • 4-Digit Zip Code: 9306
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $128,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 454,512
  • High Value: 493,585
  • Low Value: 415,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,100
  • Assessed Land Value: $37,300
  • Assessed Improvements Value: $43,800

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2931
  • Previous Sale Recording Date: Mar 13, 2023
  • Previous Sale Contract Date: Mar 13, 2023
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: O
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

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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# 73160120

Frequently Asked Questions

When was property at 587 Pleasant Street built and last sold?
The property at 587 Pleasant Street was built in 1965 and last sold on Jan 12, 2024 for $457,900.
How much is this home worth?
The estimated value of the home located at 587 Pleasant Street is $460,151.
What are some comparable homes to 587 Pleasant Street?
There are currently no comparable homes to 587 Pleasant Street.
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