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Worcester
8 Baker Ln
$232,000
● House - Off Market

8 Baker Ln

Templeton, MA 01440
bedrooms
2 Beds
bathrooms
1 Bath
square feet
992 Ft²
$245,439
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Enjoy the convenience of single-level living in this 2 Bedroom, 1 Bath Ranch on the Templeton/Gardner line. The home features a spacious, open concept, kitchen/dining area, living room with hardwood floors and a wood stove, and a large bathroom with first floor laundry. The master bedroom with hardwood floors has a bonus room off to the side, great for a home office. Newer roof and gutters! Conveniently located, with easy access to Route 2. Schedule your showing today!
Unit Size
992 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$237
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1940

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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 months ago (MLSPIN #73067734)

Price History

Date / Event Date Event Price
Feb 28, 2023 Sold
Premium
Sold
Jan 31, 2023 In contract -
In contract
Jan 24, 2023 Price Increased $234,900
↑ $80K (51.7%)
Price Increased
Jan 14, 2023 Relisted $154,900
Relisted
Jan 7, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 8,712
  • Total Building Area: 992
  • Gross Building Area: 1,792
  • Building Area: 992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 992
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 707200

Geography

  • Account Number: 3141
  • Parcel: TEMP M:05-11 B:00064 L:00000
  • Block: 64
  • Municipality: TEMPLETON
  • Latitude: 42.5629
  • Longitude: -72.0278

    Address

  • Full Address: 8 Baker Ln
  • Address - House Number: 8
  • Address - Street Name: Baker
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Gardner
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $239,900

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 244,582
  • High Value: 291,407
  • Low Value: 197,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,700
  • Assessed Land Value: $37,600
  • Assessed Improvements Value: $148,100

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16665
  • Previous Sale Recording Date: Mar 27, 2019
  • Previous Sale Contract Date: Mar 27, 2019
  • Previous Sale Amount: $142,000
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 73067734

Frequently Asked Questions

When was property at 8 Baker Lane built and last sold?
The property at 8 Baker Lane was built in 1940 and last sold on Feb 28, 2023 for $232,000.
How much is this home worth?
The estimated value of the home located at 8 Baker Lane is $234,979.
What are some comparable homes to 8 Baker Lane?
There are currently no comparable homes to 8 Baker Lane.
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