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Worcester 01507
71 Old Worcester Road
$545,000
● House - Off Market

71 Old Worcester Road

Charlton, MA 01507
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,932 Ft²
$525,880
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to this pristine, move-in ready Cape in the peaceful town of Charlton!  The open floor plan allows for seamless flow from kitchen to dining to living room, making it the perfect space to host dinner parties with friends and family. The home boasts two spacious bedrooms and a full bathroom on the second floor and bedroom with slider to the deck and a full bathroom round out the first floor. The finished walkout basement space allows for endless possibilities...a family room, a game room, guest space; all three...you decide!  Many updates done in 2021 include: connection to town water, gutter guards, new water heater and smart dishwasher.  Open House May 6th and 7th from 11a-12:30p.
Unit Size
2,932 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$179
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1987

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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 #73106357)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 9, 2023 In contract -
In contract
May 3, 2023 Listed by William Raveis R.E. & Home Services $525,000
Listed by William Raveis R.E. & Home Services
Jul 23, 2021 Sold
Premium
Sold
Apr 29, 2021 Sold
Premium
Sold
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 1,160
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 2,116
  • Gross Building Area: 5,227
  • Building Area: 2,116
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,116
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELLIOTT BURLINGAME
  • Land Acres: 0000001370
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: S WORCESTER RGN
  • Census Tract: 756102

Zoning

  • Zoning: A

Geography

  • Parcel: CHAR M:0041 B:000A L:00017-6
  • Block: A
  • Lot: 17-6
  • Municipality: CHARLTON
  • Latitude: 42.1401
  • Longitude: -71.9488

    Address

  • Full Address: 71 Old Worcester Rd
  • Address - House Number: 71
  • Address - Street Name: Old Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Charlton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1376
  • Zip Code: 01507

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $568,500

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 568,437
  • High Value: 665,190
  • Low Value: 471,683

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $501,300
  • Assessed Land Value: $77,900
  • Assessed Improvements Value: $423,400

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49658
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jun 26, 2021
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: O
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# 73106357

Frequently Asked Questions

When was property at 71 Old Worcester Road built and last sold?
The property at 71 Old Worcester Road was built in 1987 and last sold on Jun 23, 2023 for $545,000.
How much is this home worth?
The estimated value of the home located at 71 Old Worcester Road is $554,527.
What are some comparable homes to 71 Old Worcester Road?
There are currently no comparable homes to 71 Old Worcester Road.
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