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Worcester
8 Old Worcester Rd
$297,500
● House - Off Market

8 Old Worcester Rd

Westminster, MA 01473
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,500 Ft²
$528,048
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Location! Location! At the end of this meandering driveway is an idyllic setting where this unique home is located. 7 acre lot (potential to be divided) with scenic views, riding trails, fire pit, outdoor activities. The home features a wraparound porch, screen porch, hardwood flooring including wide oak pegged flooring, updated windows and siding. Lots of updates within the last 20 yrs. Beamed ceilings on the first floor and traditional wainscot walls on the second floor add to the charm of this home. Multi fuel boiler. CLOSE Rt 2  -  Rt 140 access! New circuit panels and most areas have new wiring. See attached docs.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
7.15 acres
Price per sqft
$119
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1900

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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 #71850067)

Price History

Date / Event Date Event Price
Dec 14, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by RE/MAX Property Promotions $297,500
Listed by RE/MAX Property Promotions

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 274,615
  • Total Building Area: 2,588
  • Gross Building Area: 4,632
  • Building Area: 2,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,588
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006304
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: 3161
  • Parcel: WMIN M:122 B: L:14
  • Lot: 14
  • Municipality: WESTMINSTER
  • Latitude: 42.5388
  • Longitude: -71.9006

    Address

  • Full Address: 8 Old Worcester Rd
  • Address - House Number: 8
  • Address - Street Name: Old Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westminster
  • Carrier Code: R002
  • 4-Digit Zip Code: 1512
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $611,300

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 568,117
  • High Value: 664,457
  • Low Value: 471,777

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,100
  • Assessed Land Value: $136,000
  • Assessed Improvements Value: $332,100

    Sales

  • Current Sale Recording Date: Dec 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20731
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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# 71850067

Frequently Asked Questions

When was property at 8 Old Worcester Road built and last sold?
The property at 8 Old Worcester Road was built in 1900 and last sold on Jan 1, 1970 for $297,500.
How much is this home worth?
The estimated value of the home located at 8 Old Worcester Road is $319,256.
What are some comparable homes to 8 Old Worcester Road?
There are currently no comparable homes to 8 Old Worcester Road.
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