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Worcester 01366
66 New Salem Road
$574,999
● House - Off Market

66 New Salem Road

Petersham, MA 01366
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,208 Ft²
$3,354
Est. Monthly

About This Property

NEW CONSTRUCTION COMPLETED IN 2023 THIS CUSTOM QUALITY BUILT RANCH SITS ON 2.4 ACRES. OPEN CONCEPT, CATHEDRAL CEILINGS, CENTRAL AIR CONDITIONING, LIVING ROOM W/ PROPANE FIREPLACE, GRANITE COUNTERS, FARMERS SINK, BREAKFAST BAR, STAINLESS APPLIANCES, RECCESSED LIGHTING, GLEAMING HARDWOOD FLOORING, DECK OFF OF DINING ROOM OVERLOOKING PRIVATE FENCED IN BACKYARD, MAIN SUITE OFFERS WALK-IN CLOSET, CUSTOM SHOWER, DUAL VANITY, FIRST FLOOR LAUNDRY, EVERYTHING YOU NEED ON ONE LEVEL.2 CAR GARAGE.PLENTY OF PARKING, LARGE OPEN BASEMENT. GREAT LOCATION QUICK ACCESS TO MAJOR ROUTES.
Unit Size
2,208 Ft²
Days on Market
-
Land Size
2.40 acres
Price per sqft
$260
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
2023

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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: 6 months ago (MLSPIN #73316017)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Dec 13, 2024 In contract -
In contract
Nov 27, 2024 Listed by Golden Key Realty, LLC $574,999
Listed by Golden Key Realty, LLC
Sep 8, 2023 Sold
Premium
Sold
Jul 26, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 3
  • 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
  • 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: 104,544
  • Total Building Area: 2,208
  • Gross Building Area: 5,032
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: PETERSHAM SD
  • Census Tract: 704202

Geography

  • Parcel: PETE M:201 B:82 L:0
  • Block: 82
  • Municipality: PETERSHAM
  • Latitude: 42.4846
  • Longitude: -72.195

    Address

  • Full Address: 66 New Salem Rd
  • Address - House Number: 66
  • Address - Street Name: New Salem
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Petersham
  • Carrier Code: R011
  • 4-Digit Zip Code: 9703
  • Zip Code: 01366

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,900
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $382,900

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74638
  • Previous Sale Recording Date: Apr 28, 2022
  • Previous Sale Contract Date: Apr 11, 2022
  • Previous Sale Amount: $60,000
  • 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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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: 6 months ago
Data Source: MLS PIN, MLS# 73316017

Frequently Asked Questions

When was property at 66 New Salem Road built and last sold?
The property at 66 New Salem Road was built in 2023 and last sold on Aug 31, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 66 New Salem Road is $594,286.
What are some comparable homes to 66 New Salem Road?
There are currently no comparable homes to 66 New Salem Road.
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