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Worcester
61 Old Worcester Rd
$176,000
● House - Off Market

61 Old Worcester Rd

Oxford, MA 01540
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,389 Ft²
$342,944
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Ready to move in - all the hard work has been completed. New roof 2005, bathroom updated 2011, new shed 2013, new garage door, new retainer wall and front steps, most windows replaced! Need access to major commuter routes? Only a hop, skip and a jump to Rt 395 and onto Rt 290, Mass turnpike, etc. Larger than most traditional 3 bed ranches as you'll see when entering the family room addition – great place to sit back and relax in the privacy of your home. Title 5 complete; town water. Electric service is 200 amp c/b. Nicely sized bedrooms, inviting LR and a kit w/dining area off. Come and discover Oxford – fishing, boating, playgrounds and walking trails are all nearby. Home backs up to over 37 acres of non-developable land (per town) zoned agricultural. What a great way to celebrate 2014!
Unit Size
1,389 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$130
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1959

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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 #71580369)

Price History

Date / Event Date Event Price
Mar 26, 2014 Sold
Premium
Sold
Sep 8, 2013 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $179,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Feb 25, 2005 Sold
Premium
Sold
Nov 15, 2004 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $229,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Apr 25, 1994 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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 Cover: 0
  • Basement Type: 2
  • Basement Area: 1,134
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Total Building Area: 1,386
  • Gross Building Area: 2,768
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oxford School District
  • School Tax School District: OXFORD SD
  • Census Tract: 753100

Zoning

  • Zoning: R3

Geography

  • Account Number: 12AC29
  • Parcel: OXFO M:12A B:C29
  • Block: C29
  • Municipality: OXFORD
  • Latitude: 42.1556
  • Longitude: -71.8625

    Address

  • Full Address: 61 Old Worcester Rd
  • Address - House Number: 61
  • Address - Street Name: Old Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 1249
  • Zip Code: 01540

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $431,800

    Appraisal Valuation

  • Standard Deviation: 0.2067
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 385,058
  • High Value: 464,654
  • Low Value: 305,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $320,300
  • Assessed Land Value: $80,800
  • Assessed Improvements Value: $239,500

    Sales

  • Current Sale Recording Date: Mar 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24572
  • Previous Sale Recording Date: Feb 25, 2005
  • Previous Sale Amount: $222,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 71580369

Frequently Asked Questions

When was property at 61 Old Worcester Road built and last sold?
The property at 61 Old Worcester Road was built in 1959 and last sold on Jan 1, 1970 for $176,000.
How much is this home worth?
The estimated value of the home located at 61 Old Worcester Road is $195,100.
What are some comparable homes to 61 Old Worcester Road?
There are currently no comparable homes to 61 Old Worcester Road.
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