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Worcester 01005
740 Old Petersham Road
$270,000
● House - Off Market

740 Old Petersham Road

Barre, MA 01005
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,834 Ft²
$623,017
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

EXECUTIVE COLONIAL IN FAMILY NEIGHBORHOOD.  WONDERFUL FAMILY ROOM/IN LAW APT. OVER THE 3 CAR GARAGE W/SEPARATE UTILITIES. NEARLY FINISHED 16 X 12  BREEZEWAY W/SLIDERS WILL ADD MORE LIVING SPACE.  BACKED BY MDC LAND, ELEGANT AND INVITING HOME
Unit Size
2,834 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$97
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #30689954)

Price History

Date / Event Date Event Price
Aug 21, 2003 Sold
Premium
Sold
Feb 14, 2003 Listed by Waterwheel Realty $274,900
Listed by Waterwheel Realty
Apr 12, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 2
  • 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: 49,148
  • Total Building Area: 2,754
  • Gross Building Area: 5,707
  • Building Area: 2,754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,754
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001128
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Quabbin School District
  • School Tax School District: QUABBIN SD
  • Census Tract: 722100

Zoning

  • Zoning: R80

Geography

  • Account Number: 521
  • Parcel: BARR M:000C B:0115 L:
  • Block: 115
  • Municipality: BARRE
  • Latitude: 42.4777
  • Longitude: -72.1044

    Address

  • Full Address: 740 Old Petersham Rd
  • Address - House Number: 740
  • Address - Street Name: Old Petersham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Barre
  • Carrier Code: R001
  • 4-Digit Zip Code: 9391
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $790,500

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 581,782
  • High Value: 681,300
  • Low Value: 482,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,400
  • Assessed Land Value: $39,700
  • Assessed Improvements Value: $458,700

    Sales

  • Current Sale Recording Date: Aug 21, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00225696
  • Previous Sale Recording Date: Apr 12, 1999
  • Previous Sale Amount: $116,000
  • 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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30689954

Frequently Asked Questions

When was property at 740 Old Petersham Road built and last sold?
The property at 740 Old Petersham Road was built in 1998 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 740 Old Petersham Road is $300,767.
What are some comparable homes to 740 Old Petersham Road?
There are currently no comparable homes to 740 Old Petersham Road.
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