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Worcester
7 Jacob Gates Rd
$900,000
● House - Off Market

7 Jacob Gates Rd

Harvard, MA 01451
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,471 Ft²
$962,036
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Warm and welcoming, this Colonial is privately nestled on a tranquil 1 1/2 acre setting in a coveted cul-de-sac neighborhood set back from the road.  Sun-splashed interior boasts gleaming hardwood floors and a fabulous 4 season sunroom w/window-wrapped walls bringing the outdoors in and adding versatile space to relax or entertain!  A well-appointed kitchen opens to a fireplaced family room that is sure to impress; soaring ceiling and hickory floors add to the dramatic charm. The formal dining room is ideal for those intimate gatherings. Upstairs find an inviting primary bedroom suite, 3 generous bedrooms & large full bath. Finished lower level with game room, office and exercise space.   This home is a gem in a quiet setting with close proximity to conservation trails.  Move right in, relax & enjoy.
Unit Size
3,471 Ft²
Days on Market
-
Land Size
1.53 acres
Price per sqft
$266
Property Type
House
Property Taxes
$1,016
HOA Dues
-
Year Built
1982

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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 #73008286)

Price History

Date / Event Date Event Price
Sep 8, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by Hazel & Company $925,000
Listed by Hazel & Company
Jun 2, 2004 Sold
Premium
Sold
Mar 21, 2004 Listed by Hazel & Company $685,000
Listed by Hazel & Company
Jul 1, 1993 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 66,647
  • Total Building Area: 2,767
  • Gross Building Area: 5,750
  • Building Area: 2,767
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,767
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001530
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761401

Geography

  • Account Number: 1250320006200000
  • District: 125
  • Parcel: HARV M:32 B:62
  • Block: 62
  • Municipality: HARVARD
  • Latitude: 42.4749
  • Longitude: -71.5678

    Address

  • Full Address: 7 Jacob Gates Rd
  • Address - House Number: 7
  • Address - Street Name: Jacob Gates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Harvard
  • Carrier Code: R002
  • 4-Digit Zip Code: 1824
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,353,500

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 1,045,548
  • High Value: 1,238,183
  • Low Value: 852,914

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $908,400
  • Assessed Land Value: $269,500
  • Assessed Improvements Value: $638,900

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Sep 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 98856
  • Previous Sale Recording Date: Jun 02, 2004
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: 27

    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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73008286

Frequently Asked Questions

When was property at 7 Jacob Gates Road built and last sold?
The property at 7 Jacob Gates Road was built in 1982 and last sold on Sep 8, 2022 for $900,000.
How much is this home worth?
The estimated value of the home located at 7 Jacob Gates Road is $927,171.
What are some comparable homes to 7 Jacob Gates Road?
There are currently no comparable homes to 7 Jacob Gates Road.
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