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Worcester
69 Old Oak Ave
$610,000
● House - Off Market

69 Old Oak Ave

Westminster, MA 01473
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,078 Ft²
$599,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

WATERFRONT HOME ON WYMAN POND (200 acres).  OPEN HOUSE IS CANCELLED--- SELLER HAS ACCEPTED AN OFFER Living here will make you feel like you are on vacation all year with fishing, boating, and swimming all summer and skiing and hiking up at Mount Wachusett..  This home has 2 wonderful sized bedrooms with fantastic closet space and water views from each of the bedrooms.  First floor is open floor plan with stunning Bamboo floors with eat in kitchen, family room with electric fireplace which leads to  sliding glass doors that open to your amazing upgraded composite deck with views you will ENJOY ALL YEAR ROUND.. The Reeds Ferry shed is perfect for all your outdoor storage needs...This home has had many updates so please see attached list.. FIRST SHOWINGS START AT OPEN HOUSE ON SATURDAY
Unit Size
1,078 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$556
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1936

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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 #73163487)

Price History

Date / Event Date Event Price
Nov 21, 2023 Sold
Premium
Sold
Oct 1, 2023 In contract -
In contract
Sep 26, 2023 Listed by Coldwell Banker Realty - Newton $599,000
Listed by Coldwell Banker Realty - Newton
Aug 2, 2016 Sold
Premium
Sold
Jun 4, 2016 Listed by Coldwell Banker Realty - Newton $275,000
Listed by Coldwell Banker Realty - Newton
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 3,920
  • Total Building Area: 1,078
  • Gross Building Area: 2,050
  • Building Area: 1,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,078
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000090
  • 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: C00024
  • Parcel: WMIN M:146 B: L:65
  • Lot: 65
  • Municipality: WESTMINSTER
  • Latitude: 42.5267
  • Longitude: -71.8755

    Address

  • Full Address: 69 Old Oak Ave
  • Address - House Number: 69
  • Address - Street Name: Old Oak
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westminster
  • Carrier Code: R002
  • 4-Digit Zip Code: 1706
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,000

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 544,148
  • High Value: 634,145
  • Low Value: 454,151

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,300
  • Assessed Land Value: $248,400
  • Assessed Improvements Value: $145,900

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Nov 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15940
  • Previous Sale Recording Date: Aug 02, 2016
  • Previous Sale Amount: $275,000
  • 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

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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# 73163487

Frequently Asked Questions

When was property at 69 Old Oak Avenue built and last sold?
The property at 69 Old Oak Avenue was built in 1936 and last sold on Nov 21, 2023 for $609,000.
How much is this home worth?
The estimated value of the home located at 69 Old Oak Avenue is $573,215.
What are some comparable homes to 69 Old Oak Avenue?
There are currently no comparable homes to 69 Old Oak Avenue.
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