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Worcester 01005
761 Old Petersham Road
$190,000
● House - Off Market

761 Old Petersham Road

Barre, MA 01005
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,760 Ft²
$488,677
RealtyHop Estimate
157.20%
Since May 1, 2002
National-US
Primary Model

About This Property

FULL DORMERED CAPE W/2 CAR GARAGE UNDER. YOUNG NEIGHBORHOOD. COUNTRY LOCATION SITUATED ON 1+ACRE WITH STATE LAND TO THE SIDE AND REAR. EASY CARE VINYL, HWBB/OIL HEAT, 200 AMP ELECTRIC, 2X6 CONSTRUCTION & MORE. ABUTS STATE OWNED LAND.
Unit Size
1,760 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$108
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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 years ago (MLSPIN #30576378)

Price History

Date / Event Date Event Price
Apr 30, 2002 Sold
Premium
Sold
Jan 30, 2002 Listed by RE/MAX Property Promotions $190,000
Listed by RE/MAX Property Promotions
Jul 17, 2001 Sold
Premium
Sold
Jun 21, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 45,137
  • Total Building Area: 1,680
  • Gross Building Area: 3,036
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001036
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R80

Geography

  • Account Number: 462
  • Parcel: BARR M:000C B:0064 L:
  • Block: 64
  • Municipality: BARRE
  • Latitude: 42.4758
  • Longitude: -72.1086

    Address

  • Full Address: 761 Old Petersham Rd
  • Address - House Number: 761
  • Address - Street Name: Old Petersham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Barre
  • Carrier Code: R001
  • 4-Digit Zip Code: 9321
  • Zip Code: 01005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,900

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 414,596
  • High Value: 469,532
  • Low Value: 359,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,600
  • Assessed Land Value: $39,500
  • Assessed Improvements Value: $263,100

    Sales

  • Current Sale Recording Date: Jul 17, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 21, 1999
  • Previous Sale Amount: $15,000
  • 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30576378

Frequently Asked Questions

When was property at 761 Old Petersham Road built and last sold?
The property at 761 Old Petersham Road was built in 2002 and last sold on Jan 1, 1970 for $17,000.
How much is this home worth?
The estimated value of the home located at 761 Old Petersham Road is $0.
What are some comparable homes to 761 Old Petersham Road?
There are currently no comparable homes to 761 Old Petersham Road.
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