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Worcester
68 Colony Road
$36,000
● House - Off Market

68 Colony Road

Westminster, MA 01473
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,230 Ft²
$70,094
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Single-family available for sale. HUD HOMES SOLD AS-IS; See FIRM REMARKS (below) for bidding info. FHA # 251-228278, FHA insurability code IE; Lead Based Paint Notices. Up to 3% comm to selling broker. Access with HUD key, show anytime. New Homes Each Day. . No warranties, guarantees or representations either expressed or implied by broker or owner.
Unit Size
1,230 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$29
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1900

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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 #71563463)

Price History

Date / Event Date Event Price
Sep 27, 2013 Sold
Premium
Sold
Aug 1, 2013 Listed by Equity Realty Plus $36,000
Listed by Equity Realty Plus

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 50,094
  • Total Building Area: 1,230
  • Gross Building Area: 2,932
  • Building Area: 1,230
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,230
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESTATE VERA L BALLENTINE
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: 1246
  • Parcel: WMIN M:65 B: L:2
  • Lot: 2
  • Municipality: WESTMINSTER
  • Latitude: 42.5696
  • Longitude: -71.9435

    Address

  • Full Address: 68 Colony Rd
  • Address - House Number: 68
  • Address - Street Name: Colony
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westminster
  • Carrier Code: R003
  • 4-Digit Zip Code: 1034
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,200

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 353,437
  • High Value: 412,463
  • Low Value: 294,411

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,600
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $138,600

    Sales

  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 15, 2013
  • Previous Sale Document Type: 27
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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: 4 months ago
Data Source: MLS PIN, MLS# 71563463

Frequently Asked Questions

When was property at 68 Colony Road built and last sold?
The property at 68 Colony Road was built in 1900 and last sold on Jan 1, 1970 for $36,000.
How much is this home worth?
The estimated value of the home located at 68 Colony Road is $52,616.
What are some comparable homes to 68 Colony Road?
There are currently no comparable homes to 68 Colony Road.
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