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Worcester
8 Nipmuc Road
$250,000
● House - Off Market

8 Nipmuc Road

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,104 Ft²
$459,949
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

INDIAN HILL ESTATES NEIGHBORHOOD. UNIQUE CONTEMPORARY NESTLED ON LOVELY - PRIVATE - WOODED LOT WITH STONE WALLS AND GARDEN PATHS. OPEN FLOOR PLAN, SPACIOUS FOYER WITH DIRECT ACCESS TO THE TWO CAR GARAGE, LARGE LIVING ROOM/DINING ROOM COMBINATION WITH NUMEROUS SLIDERS OVERLOOKING INGROUND POOL/PATIOS/ AND DECKS. REMODELED KITCHEN/FAMILY ROOM WITH GRANITE COUNTER TOPS, FIREPLACE, AND ATTACHED THREE SEASON PORCH.  THREE BEDROOMS AND 2.5 BATHS ON MAIN LEVEL. LOWER LEVEL OFFERS A LARGE GAMEROOM AND SEPARATE PRIVATE OFFICE WITH EXTERIOR ACCESS - GREAT FOR A HOME BUSINESS. HUGE BASEMENT WITH LOTS OF STORAGE AND WORKSHOP.   OVERSIZE DECK WITH BRICK FIREPLACE IS PERFECT FOR OUTDOOR ENTERTAINING.  THIS HOME IS FULL OF SPACE AND LIGHT - BRING YOUR VISION AND MAKE IT A SHOWPLACE.  QUIET DUAL CUL-DE-SAC IN AREA OF LOVELY HOMES.
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$123
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71774835)

Price History

Date / Event Date Event Price
Jul 7, 2015 Sold
Premium
Sold
Dec 6, 2014 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $259,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,416
  • Total Building Area: 2,080
  • Gross Building Area: 5,530
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000561
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: R4

Geography

  • Account Number: 1638
  • Parcel: PAXT M:00027 L:00138
  • Lot: 138
  • Municipality: PAXTON
  • Latitude: 42.2945
  • Longitude: -71.895

    Address

  • Full Address: 8 Nipmuc Rd
  • Address - House Number: 8
  • Address - Street Name: Nipmuc
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Paxton
  • Carrier Code: C027
  • 4-Digit Zip Code: 1412
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $748,100

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 530,527
  • High Value: 619,129
  • Low Value: 441,926

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $465,500
  • Assessed Land Value: $115,600
  • Assessed Improvements Value: $349,900

    Sales

  • Current Sale Recording Date: Jul 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66269
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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: 4 months ago
Data Source: MLS PIN, MLS# 71774835

Frequently Asked Questions

When was property at 8 Nipmuck Road built and last sold?
The property at 8 Nipmuck Road was built in 1967 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 8 Nipmuck Road is $278,801.
What are some comparable homes to 8 Nipmuck Road?
There are currently no comparable homes to 8 Nipmuck Road.
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