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Worcester 01475
6 Otter River Rd
$235,500
● House - Off Market

6 Otter River Rd

Winchendon, MA 01475
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,960 Ft²
$357,640
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

SO much value in this 4 bedroom 1.5 bath home!  This one has the space and acreage you have been looking for on a quiet country road near Smith's Country Cheese Farm!  The updates make this property truly move in ready!  Great private back yard with patio for entertaining and grilling!  Unfinished basement provides plenty of extra potential!  Pellet stove in the living room is perfect for those winter nights!  First floor laundry!  You can't  beat this price for these features and quality!
Unit Size
1,960 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$115
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1988

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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 #72211489)

Price History

Date / Event Date Event Price
Oct 12, 2017 Sold
Premium
Sold
Aug 9, 2017 Listed by Keller Williams Realty North Central $225,000
Listed by Keller Williams Realty North Central
Oct 9, 2012 Sold
Premium
Sold
Jul 15, 2012 Listed by Keller Williams Realty North Central $184,900
Listed by Keller Williams Realty North Central
Aug 24, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,948
  • Total Building Area: 1,960
  • Gross Building Area: 2,920
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ERIC M & ELAINE V OLSON VORCE
  • Land Acres: 0000002019
  • 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: 701101

Zoning

  • Zoning: R1

Geography

  • District: 343
  • Parcel: WINC M:13 B:0 L:194
  • Lot: 194
  • Municipality: WINCHENDON
  • Latitude: 42.6208
  • Longitude: -72.0583

    Address

  • Full Address: 6 Otter River Rd
  • Address - House Number: 6
  • Address - Street Name: Otter River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchendon
  • Carrier Code: R002
  • 4-Digit Zip Code: 2040
  • Zip Code: 01475

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $396,500

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 394,876
  • High Value: 471,994
  • Low Value: 317,758

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $316,200
  • Assessed Land Value: $46,100
  • Assessed Improvements Value: $270,100

    Sales

  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113287
  • Previous Sale Recording Date: Oct 09, 2012
  • Previous Sale Amount: $180,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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# 72211489

Frequently Asked Questions

When was property at 6 Otter River Road built and last sold?
The property at 6 Otter River Road was built in 1988 and last sold on Jan 1, 1970 for $235,500.
How much is this home worth?
The estimated value of the home located at 6 Otter River Road is $240,319.
What are some comparable homes to 6 Otter River Road?
There are currently no comparable homes to 6 Otter River Road.
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