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Worcester
73 Davis Hill Rd
$139,900
● Land - Off Market

73 Davis Hill Rd

Paxton, MA 01612
bedrooms
Studio
bathrooms
0 Bath
$205,042
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

When only the best will do! This is the spot to build your dream home! Gorgeous, level, cleared lot in an area of upscale homes in one of the best locations in town!  Scenic views of Mount Wachusett from this neighborhood! Less than 10 minutes to Worcester Airport, Tatnuk Square,restaurants and quick access to major routes. Septic design in hand for a 5 bedroom home.  The spot is unbelievable and you will love it the minute you see it. Paxton and Wachusett are ranked high on the charts for schools. Don't wait on this one! For an ariel video tour - copy & paste this link into your browser: https://devynguy6.wixsite.com/devynbutkiewicus/73-davis-hill
Unit Size
-
Days on Market
-
Land Size
1.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$147
HOA Dues
-
Year Built
2022

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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 #72526237)

Price History

Date / Event Date Event Price
Sep 20, 2019 Sold
Premium
Sold
Jun 27, 2019 Listed by ERA Key Realty Services- Spenc $139,900
Listed by ERA Key Realty Services- Spenc
Sep 4, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 57,860
  • Total Building Area: 5,055
  • Gross Building Area: 7,478
  • Building Area: 5,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,055
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001328
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: OR4

Geography

  • Account Number: 283
  • Parcel: PAXT M:00011 L:00009
  • Lot: 9
  • Municipality: PAXTON
  • Latitude: 42.3176
  • Longitude: -71.9357

    Address

  • Full Address: 73 Davis Hill Rd
  • Address - House Number: 73
  • Address - Street Name: Davis Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Paxton
  • Carrier Code: C032
  • 4-Digit Zip Code: 1045
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,680,100

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 1,150,340
  • High Value: 1,302,765
  • Low Value: 997,915

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,045,463
  • Assessed Land Value: $162,263
  • Assessed Improvements Value: $883,200

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97733
  • Previous Sale Recording Date: Sep 04, 2001
  • Previous Sale Amount: $40,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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# 72526237

Frequently Asked Questions

When was property at 73 Davis Hill Road built and last sold?
The property at 73 Davis Hill Road was built in 2022 and last sold on Sep 20, 2019 for $139,900.
How much is this home worth?
The estimated value of the home located at 73 Davis Hill Road is $141,299.
What are some comparable homes to 73 Davis Hill Road?
There are currently no comparable homes to 73 Davis Hill Road.
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