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Worcester 01083
779 Town Farm Rd
$250,000
● House - Off Market

779 Town Farm Rd

Warren, MA 01083
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,592 Ft²
$240,853
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Spacious contemporary home located on 1+ acre country lot. This tri-level home features LARGE EAT IN KITCHEN, spacious living room with cathedral ceilings, 2 spacious bedrooms, and additional room which could be used as office or guest room.  Oversized 2 car garage, beautiful shed, deck, and low main vinyl siding. Very private wooded area. Seller DISCLOSURES and LBP Addendum ATTACHED. ELIGIBLE BIDDERS: OWNER OCCUPANTS, NONPROFITS, GOVERNMENT AGENCIES, ONLY, FROM: 3/17/2023.  Bids are due by 3/26/2023 by 11:59 PM Central Time, then DAILY UNTIL SOLD.  BUYER to verify all info. All showings are subject to the STATES Covid-19 ORDERS. Please make an appointment to see this home with a Real Estate Agent or Broker of your choice.
Unit Size
1,592 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$150
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1981

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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 #73088040)

Price History

Date / Event Date Event Price
May 11, 2023 Sold
Premium
Sold
Apr 12, 2023 In contract -
In contract
Apr 11, 2023 Relisted $231,000
Relisted
Apr 3, 2023 In contract -
In contract
Mar 15, 2023 Listed by Great Homes Real Estate, Inc. $239,000
Listed by Great Homes Real Estate, Inc.
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 3
  • Basement Area: 1,346
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,592
  • Gross Building Area: 2,042
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • 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:68
  • Lot: 68
  • Municipality: WARREN
  • Latitude: 42.2361
  • Longitude: -72.2234

    Address

  • Full Address: 779 Town Farm Rd
  • Address - House Number: 779
  • 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: $415,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 306,625
  • High Value: 368,726
  • Low Value: 244,523

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,200
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $208,200

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36142
  • Previous Sale Recording Date: Jan 27, 2023
  • Previous Sale Contract Date: Jan 20, 2023
  • Previous Sale Amount: $253,475
  • Previous Sale Document Type: 34
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:

$499,995

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2392 ft²

Average Home Age

64.7 years

Currently For Sale

2074 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: 5 months ago
Data Source: MLS PIN, MLS# 73088040

Frequently Asked Questions

When was property at 779 Town Farm Road built and last sold?
The property at 779 Town Farm Road was built in 1981 and last sold on May 10, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 779 Town Farm Road is $253,264.
What are some comparable homes to 779 Town Farm Road?
There are currently no comparable homes to 779 Town Farm Road.
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