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Worcester 01507
Lot 21(9) Downey Ln
$533,024
● House - Off Market

Lot 21(9) Downey Ln

Charlton, MA 01507
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,576 Ft²
$791,093
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Welcome home to Hammond Woods!! Come pick your floor plan for this brand new four bedroom house to be built by one of the areas premier builders Most upgrades are included in price  First floor will feature 9 foot ceilings, hardwoods through out, except in tile areas, generous allowances for cabinets and granite, upgraded molding , and gas fireplace. Upstairs features tile shower in masterbath along with a soaking tub, and your choice of tile for all bathrooms. Propane heat with central air   Hammond Woods is a 25 lot subdivision conviently located off Rt 20 making this a excellent commuter location.  Sidewalks will be put in along with street lights at the intersections  Call today as there are only a few lots left
Unit Size
2,576 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$202
Property Type
House
Property Taxes
$52
HOA Dues
$200
Year Built
2018

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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: 5 years ago (MLSPIN #72247238)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold
Premium
Sold
Oct 25, 2017 Listed by Keller Williams Realty Greater Worcester $521,250
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,336
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,708
  • Total Building Area: 2,612
  • Gross Building Area: 5,256
  • Building Area: 2,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,612
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: S WORCESTER RGN
  • Census Tract: 756102

Zoning

  • Zoning: A

Geography

  • Account Number: 13404
  • District: 54
  • Parcel: CHAR M:0037 B:000A L:0005-25
  • Block: A
  • Lot: 5-25
  • Municipality: CHARLTON
  • Latitude: 42.1525
  • Longitude: -71.9288

    Address

  • Full Address: 9 Downey Ln
  • Address - House Number: 9
  • Address - Street Name: Downey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Charlton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1596
  • Zip Code: 01507

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $796,100

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 744,076
  • High Value: 846,204
  • Low Value: 641,947

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,000
  • Assessed Land Value: $101,800
  • Assessed Improvements Value: $600,200

    Sales

  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127174
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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: 5 years ago
Data Source: MLS PIN, MLS# 72247238

Frequently Asked Questions

When was property at 9 Downey Lane built and last sold?
The property at 9 Downey Lane was built in 2018 and last sold on Jan 1, 1970 for $525,250.
How much is this home worth?
The estimated value of the home located at 9 Downey Lane is $0.
What are some comparable homes to 9 Downey Lane?
There are currently no comparable homes to 9 Downey Lane.
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