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Worcester 01331
7 Myrtle Road
$175,000
● House - Off Market

7 Myrtle Road

Phillipston, MA 01331
bedrooms
2 Beds
bathrooms
1 Bath
square feet
578 Ft²
$317,743
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Own your own little piece of paradise on the end of a peninsula at beautiful Queen Lake, with a southerly view down the entire length of the lake!  Surrounded by water on 3 sides and amazingly private for a small lot.  The seasonal cottage is in great condition and comes with a dock and shed/studio. A wrap around 3 season porch leads to deck. The clear lake is great for swimming, fishing and motor boating right from your property!  Only about 1.5 hours from Boston in central MA so this makes a perfect get-away!  Sold furnished so you can enjoy right away!  Cash buyers only.
Unit Size
578 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$346
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1974

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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 #72155768)

Price History

Date / Event Date Event Price
Oct 24, 2017 Sold
Premium
Sold
May 1, 2017 Listed by RE/MAX Property Promotions $199,900
Listed by RE/MAX Property Promotions

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 3
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 578
  • Gross Building Area: 1,070
  • Building Area: 578
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 578
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • Census Tract: 703100

Zoning

  • Zoning: RC

Geography

  • Parcel: PHIL M:00055 L:00042
  • Lot: 42
  • Municipality: PHILLIPSTON
  • Latitude: 42.5416
  • Longitude: -72.1181

    Address

  • Full Address: 7 Myrtle Rd
  • Address - House Number: 7
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Athol
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $408,300

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 344,633
  • High Value: 415,395
  • Low Value: 273,872

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $340,800
  • Assessed Land Value: $217,800
  • Assessed Improvements Value: $123,000

    Sales

  • Current Sale Recording Date: Oct 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117943
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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 72155768

Frequently Asked Questions

When was property at 7 Myrtle Road built and last sold?
The property at 7 Myrtle Road was built in 1974 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 7 Myrtle Road is $198,846.
What are some comparable homes to 7 Myrtle Road?
There are currently no comparable homes to 7 Myrtle Road.
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