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Worcester 01083
741 Town Farm Rd
$340,000
● House - Off Market

741 Town Farm Rd

Warren, MA 01083
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,660 Ft²
$328,152
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

One level living in tranquil country setting with this ranch style home. The diverse floor plan offers lots of open shared space in the kitchen, dining, and family rooms. The kitchen has granite countertops, ceramic tile, and maple cabinets. The cathedral ceiling living room connects the main bedroom and main full bathroom to the kitchen, perfect for an in-law suite. On the other side of the house, you will find 2 good sized bedrooms and another full bathroom. Bring your TLC and style and make this home yours! Home inspection for informational purposes only. Seller has never lived on the property. Property may only qualify for conventional or renovation financing. Buyers and buyer's agent to perform their own due diligence. Please reach out to listing agent for disclosures.
Unit Size
1,660 Ft²
Days on Market
-
Land Size
4.62 acres
Price per sqft
$199
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1976

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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 #73125474)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
Jun 20, 2023 In contract -
In contract
Jun 15, 2023 Listed by EXIT Real Estate Executives $330,000
Listed by EXIT Real Estate Executives
Nov 15, 2019 Sold
Premium
Sold
Sep 13, 2019 Listed by EXIT Real Estate Executives $249,000
Listed by EXIT Real Estate Executives

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 9
  • 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: 1,660
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 201,293
  • Total Building Area: 1,660
  • Gross Building Area: 3,560
  • Building Area: 1,660
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,660
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004621
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • Census Tract: 761100

Zoning

  • Zoning: RUR

Geography

  • Parcel: WARR M:0003 B:0000 L:66
  • Lot: 66
  • Municipality: WARREN
  • Latitude: 42.2353
  • Longitude: -72.2233

    Address

  • Full Address: 741 Town Farm Rd
  • Address - House Number: 741
  • Address - Street Name: Town Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Warren
  • Carrier Code: R777
  • 4-Digit Zip Code: 2135
  • Zip Code: 01083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,900

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 338,570
  • High Value: 406,102
  • Low Value: 271,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,300
  • Assessed Land Value: $62,900
  • Assessed Improvements Value: $205,400

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63896
  • Previous Sale Recording Date: Nov 15, 2019
  • Previous Sale Contract Date: Oct 08, 2019
  • Previous Sale Amount: $245,000
  • 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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 73125474

Frequently Asked Questions

When was property at 741 Town Farm Road built and last sold?
The property at 741 Town Farm Road was built in 1976 and last sold on Aug 4, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 741 Town Farm Road is $338,050.
What are some comparable homes to 741 Town Farm Road?
There are currently no comparable homes to 741 Town Farm Road.
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