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Worcester 01468
741 South Road
$260,000
● House - Off Market

741 South Road

Templeton, MA 01468
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,646 Ft²
$592,964
RealtyHop Estimate
115.62%
Since Mar 1, 2004
National-US
Primary Model

About This Property

HOLD YUR HORSES!THIS 8-YR OLD CONT RANCH NESTLED ON ALMOST 2 ACRE LOT ZONED FOR ALL THE CRITTERS YOU WANT!INCL IS A 3- STALL BARN,TACK RM,ELEC FENCED-IN PADDOCK.PELET&WOOD STOVE 2 DORMERS ADD LIGHT AND OPENNESS.WRAP-AROUND FRONT PORCH
Unit Size
1,646 Ft²
Days on Market
-
Land Size
1.93 acres
Price per sqft
$167
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1995

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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 #30787042)

Price History

Date / Event Date Event Price
Feb 17, 2004 Sold
Premium
Sold
Nov 4, 2003 Listed by RE/MAX Associates $275,000
Listed by RE/MAX Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 84,071
  • Total Building Area: 1,480
  • Gross Building Area: 4,842
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001930
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 705101

Geography

  • Account Number: 3722
  • Parcel: TEMP M:02-15 B:00008 L:00005
  • Block: 8
  • Lot: 5
  • Municipality: TEMPLETON
  • Latitude: 42.5075
  • Longitude: -72.0658

    Address

  • Full Address: 741 South Rd
  • Address - House Number: 741
  • Address - Street Name: South
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Templeton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1131
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $511,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 464,948
  • High Value: 548,257
  • Low Value: 381,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,100
  • Assessed Land Value: $54,700
  • Assessed Improvements Value: $341,400

    Sales

  • Current Sale Recording Date: Feb 17, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 25202
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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30787042

Frequently Asked Questions

When was property at 741 South Road built and last sold?
The property at 741 South Road was built in 1995 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 741 South Road is $284,900.
What are some comparable homes to 741 South Road?
There are currently no comparable homes to 741 South Road.
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