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Worcester
62 Root Rd
$405,000
● House - Off Market

62 Root Rd

Hubbardston, MA 01452
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,664 Ft²
$624,111
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

WOW!  Horse Lover's dream! Gentleman's estate is nestled in the quiet town of Hubbardston situated on over 16 acres with beautiful views.  Propety abuts conservation land.  Large barn and paddock area.  Interior of the home has been completed remodeled.  New flooring, fresh interior paint, new stainless appliances, updated baths and lighting.  Ceiling fans in each bedroom.  Large master suite with walk in closet and master bath with whirlpool tub.  Walk out heated basement with French Doors allows for storage of larger items. Custom staircase, Lots of windows, lots of sunlight. Basement has drainage installed for a future bathroom.  Laundry room located on first floor.  Various fruit street and small pasture are the landscape.  Footings in place for two car garage.
Unit Size
2,664 Ft²
Days on Market
-
Land Size
16.76 acres
Price per sqft
$154
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
2004

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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 #72277287)

Price History

Date / Event Date Event Price
May 3, 2018 Sold
Premium
Sold
Feb 2, 2018 Listed by Innovative Real Estate Solutions LLC $409,900
Listed by Innovative Real Estate Solutions LLC
Jun 1, 2017 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 729,915
  • Total Building Area: 2,664
  • Gross Building Area: 4,656
  • Building Area: 2,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,664
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000016757
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 706100

Geography

  • Parcel: HUBB M:0002 L:0213
  • Lot: 213
  • Municipality: HUBBARDSTON
  • Latitude: 42.5037
  • Longitude: -72.0613

    Address

  • Full Address: 62 Root Rd
  • Address - House Number: 62
  • Address - Street Name: Root
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hubbardston
  • Carrier Code: R003
  • 4-Digit Zip Code: 1335
  • Zip Code: 01452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $574,900

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 596,211
  • High Value: 687,651
  • Low Value: 504,771

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,200
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $357,200

    Sales

  • Current Sale Recording Date: May 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42402
  • Previous Sale Recording Date: Jun 01, 2017
  • Previous Sale Amount: $260,000
  • 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:

$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# 72277287

Frequently Asked Questions

When was property at 62 Root Road built and last sold?
The property at 62 Root Road was built in 2004 and last sold on Jan 1, 1970 for $40,500.
How much is this home worth?
The estimated value of the home located at 62 Root Road is $399,225.
What are some comparable homes to 62 Root Road?
There are currently no comparable homes to 62 Root Road.
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