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Worcester 01083
687 Town Farm Rd
$460,000
● House - Off Market

687 Town Farm Rd

Warren, MA 01083
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,295 Ft²
$456,066
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

*** WELCOME HOME ***  BEAUTIFUL WELL MAINTAINENCED CUSTOM BUILT RANCH AT IT'S BEST!!  THIS SPACIOUS 2300 SQ FT HOME FEATURES NEWLY FINISHED HARDWOOD THROUGOUT, OPEN KITCHEN WITH GRANITE COUNTER-TOP, STAINLESS APPLIANCES, 3 GENEROUSLY SIZED BEDROOM, THREE WINDOW LIVING ROOM OVERLOOKING THE DECK AND BEAUTIFUL MANICURED YARD WITH A BEAUTIFUL GAS FIREPLACE, TWO CAR GARAGE AND MUCH MUCH MORE.  WILL NOT LAST.    SHOWING STARTS AT OPEN HOUSE 3/5 12PM-2PM.  OFFER DUE IS ANY ON MONDAY 3/7 BY 5PM.
Unit Size
2,295 Ft²
Days on Market
-
Land Size
1.42 acres
Price per sqft
$196
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
2006

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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 #72948258)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Mar 2, 2022 Listed by Lewis & Joyce Real Estate $449,900
Listed by Lewis & Joyce Real Estate
Jun 18, 2019 Sold
Premium
Sold
Apr 26, 2019 Listed by Lewis & Joyce Real Estate $374,900
Listed by Lewis & Joyce Real Estate
Oct 29, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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 Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,295
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,945
  • Total Building Area: 2,295
  • Gross Building Area: 5,307
  • Building Area: 2,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,295
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDMUND J MAJKA
  • Land Acres: 0000001422
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • Census Tract: 761100

Zoning

  • Zoning: RU

Geography

  • Parcel: WARR M:0003 B:0000 L:63-1
  • Lot: 63-1
  • Municipality: WARREN
  • Latitude: 42.2331
  • Longitude: -72.2234

    Address

  • Full Address: 687 Town Farm Rd
  • Address - House Number: 687
  • Address - Street Name: Town Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Warren
  • Carrier Code: R777
  • 4-Digit Zip Code: 2134
  • Zip Code: 01083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $666,100

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 512,234
  • High Value: 595,427
  • Low Value: 429,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,600
  • Assessed Land Value: $56,200
  • Assessed Improvements Value: $365,400

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44637
  • Previous Sale Recording Date: Jun 18, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $369,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2384 ft²

Average Home Age

65.6 years

Currently For Sale

1965 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# 72948258

Frequently Asked Questions

When was property at 687 Town Farm Road built and last sold?
The property at 687 Town Farm Road was built in 2006 and last sold on Apr 22, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 687 Town Farm Road is $462,601.
What are some comparable homes to 687 Town Farm Road?
There are currently no comparable homes to 687 Town Farm Road.
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