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Worcester
724 Main St
$360,000
● House - Off Market

724 Main St

Holden, MA 01520
bedrooms
2 Beds
bathrooms
1 Bath
square feet
998 Ft²
$426,569
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

*~* Calling all investors & business owners looking to get into the highly desirable town of Holden *~* This 2-bedroom, 1 bath Ranch sits on over 15 acres & is zoned for Residential as well as Commercial use right on Main Street! This home has been lovingly maintained by 1 family throughout the years & is waiting for new beginnings! Bring your ideas to make this your new home or your new small business location. Best and final offers due Friday 3/13 at noon.
Unit Size
998 Ft²
Days on Market
-
Land Size
15.87 acres
Price per sqft
$301
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1930

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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: 5 months ago (MLSPIN #72631968)

Price History

Date / Event Date Event Price
Apr 24, 2020 Sold
Premium
Sold
Mar 11, 2020 Listed by Lamacchia Realty, Inc. $300,000
Listed by Lamacchia Realty, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 7
  • Basement Area: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,548
  • Total Building Area: 998
  • Gross Building Area: 3,182
  • Building Area: 998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002308
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • School Tax School District: WACHUSETT SD
  • Census Tract: 728300

Zoning

  • Zoning: C

Geography

  • Account Number: 6695
  • Parcel: HOLD M:187 B:6
  • Block: 6
  • Municipality: HOLDEN
  • Latitude: 42.3415
  • Longitude: -71.8409

    Address

  • Full Address: 724 Main St
  • Address - House Number: 724
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Holden
  • Carrier Code: C003
  • 4-Digit Zip Code: 1858
  • Zip Code: 01520

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $441,600

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 446,434
  • High Value: 520,477
  • Low Value: 372,392

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $312,100
  • Assessed Land Value: $153,500
  • Assessed Improvements Value: $158,600

    Sales

  • Current Sale Contract Date: Apr 01, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41094
  • Previous Sale Recording Date: Apr 24, 2017
  • Previous Sale Document Type: 27
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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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: 5 months ago
Data Source: MLS PIN, MLS# 72631968

Frequently Asked Questions

When was property at 724 Main Street built and last sold?
The property at 724 Main Street was built in 1930 and last sold on Apr 1, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 724 Main Street is $307,860.
What are some comparable homes to 724 Main Street?
There are currently no comparable homes to 724 Main Street.
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