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Worcester 01468
8 Lafayette Rd
$374,900
● House - Off Market

8 Lafayette Rd

Templeton, MA 01468
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,024 Ft²
$500,030
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Beautifully, young custom-built colonial with 3 bedrooms, 2.5 baths, and 2 cars garage. This 5 year old home features open concept living, engineered hardwood flooring, large kitchen with breakfast bar, upgraded kitchen cabinets, stainless appliances, eat in breakfast area with slider to composite deck, family room, separate living room, 1st floor laundry, large master bedroom with master bath and walk in closet, central air conditioning, open basement with sliding glass door that walks out to fenced yard. All this in desirable Templeton cul-de-sac neighborhoods. Call today for a private showing.
Unit Size
2,024 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$183
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
2015

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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 #72678351)

Price History

Date / Event Date Event Price
Sep 9, 2020 Sold
Premium
Sold
Jun 22, 2020 Listed by Keller Williams Realty North Central $369,900
Listed by Keller Williams Realty North Central
Aug 7, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 47,480
  • Total Building Area: 2,024
  • Gross Building Area: 3,472
  • Building Area: 2,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001090
  • 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: 901206
  • Parcel: TEMP M:03-13 B:00020 L:00014
  • Block: 20
  • Lot: 14
  • Municipality: TEMPLETON
  • Latitude: 42.526
  • Longitude: -72.0589

    Address

  • Full Address: 8 Lafayette Rd
  • Address - House Number: 8
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Templeton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1144
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 520,970
  • High Value: 617,473
  • Low Value: 424,467

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,300
  • Assessed Land Value: $62,700
  • Assessed Improvements Value: $336,600

    Sales

  • Current Sale Contract Date: Sep 05, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103332
  • Previous Sale Recording Date: Aug 07, 2015
  • Previous Sale Amount: $258,400
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72678351

Frequently Asked Questions

When was property at 8 Lafayette Road built and last sold?
The property at 8 Lafayette Road was built in 2015 and last sold on Sep 5, 2020 for $374,900.
How much is this home worth?
The estimated value of the home located at 8 Lafayette Road is $384,963.
What are some comparable homes to 8 Lafayette Road?
There are currently no comparable homes to 8 Lafayette Road.
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