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Worcester 01468
83 Shady Lane
$300,000
● House - Off Market

83 Shady Lane

Templeton, MA 01468
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$391,886
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

This three bedroom raised ranch located on a quiet and charming country road, yet minutes from Route 2, also includes 20 ACRES of land with approximately 450 feet of frontage (with possibility of additional buildable lot).  You will appreciate the open concept of the kitchen, dining, and living rooms.  Off the kitchen you will find an unheated sunroom opening to a deck overlooking a private and peaceful backyard.  The master bedroom is quite spacious and the other two bedrooms are of good size.  The basement has potential for additional living space and includes a half bathroom.  A little TLC and some minor updating would go a long way with this home.  The grade on the land is sloping but does level off at the back end.  A few years ago some trees were professionally cut down due to disease.  PASSED Title V in hand.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
20.90 acres
Price per sqft
$216
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1979

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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 #72695559)

Price History

Date / Event Date Event Price
Sep 23, 2020 Sold
Premium
Sold
Jul 20, 2020 Listed by Jackie Leger Real Estate Services $289,900
Listed by Jackie Leger Real Estate Services
May 16, 2012 Sold
Premium
Sold
Aug 10, 2011 Listed by Jackie Leger Real Estate Services $164,900
Listed by Jackie Leger Real Estate Services

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 910,404
  • Total Building Area: 1,344
  • Gross Building Area: 2,918
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAPHEAL TELLER
  • Land Acres: 0000020900
  • 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: 2572
  • Parcel: TEMP M:04-12 B:00163 L:00015
  • Block: 163
  • Lot: 15
  • Municipality: TEMPLETON
  • Latitude: 42.5396
  • Longitude: -72.0293

    Address

  • Full Address: 83 Shady Ln
  • Address - House Number: 83
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Templeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1560
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 422,288
  • High Value: 497,247
  • Low Value: 347,328

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,800
  • Assessed Land Value: $86,400
  • Assessed Improvements Value: $244,400

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110513
  • Previous Sale Recording Date: May 16, 2012
  • Previous Sale Amount: $170,000
  • 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

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# 72695559

Frequently Asked Questions

When was property at 83 Shady Lane built and last sold?
The property at 83 Shady Lane was built in 1979 and last sold on Sep 22, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 83 Shady Lane is $293,491.
What are some comparable homes to 83 Shady Lane?
There are currently no comparable homes to 83 Shady Lane.
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