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Rutland 01543
9 Edith Lane
$259,900
● House - Off Market

9 Edith Lane

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,008 Ft²
$393,159
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Neighborhood setting for this 3BR Ranch Living Room with Fireplace and Picture Window flows into the Kitchen with stainless steel appliances, 3 Bedrooms, Updated Full Bath and hardwoods on the upper level.  Partially finished lower level with 3/4 Bath for convenience with access to 1-car garage under.  Composite rear deck located off the Kitchen overlooks .5+ acres. Town water/sewer.  Welcome Home!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$258
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1976

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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 #72372838)

Price History

Date / Event Date Event Price
Sep 21, 2018 Sold
Premium
Sold
Aug 1, 2018 Listed by Gibbs Realty Inc. $259,900
Listed by Gibbs Realty Inc.
Jul 31, 2008 Sold
Premium
Sold
Apr 5, 2008 Listed by Gibbs Realty Inc. $237,900
Listed by Gibbs Realty Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 22,216
  • Total Building Area: 1,008
  • Gross Building Area: 2,228
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721104

Geography

  • Parcel: RUTL M:41-C B:D L:25
  • Block: D
  • Lot: 25
  • Municipality: RUTLAND
  • Latitude: 42.3689
  • Longitude: -71.9427

    Address

  • Full Address: 9 Edith Ln
  • Address - House Number: 9
  • Address - Street Name: Edith
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rutland
  • Carrier Code: R002
  • 4-Digit Zip Code: 1710
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,600

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 401,682
  • High Value: 477,750
  • Low Value: 325,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,900
  • Assessed Land Value: $86,300
  • Assessed Improvements Value: $224,600

    Sales

  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100071
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 27
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 Rutland

Stats & Trends

Median Asking:

$464,900

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1741 ft²

Average Home Age

5.6 years

Currently For Sale

10 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72372838

Frequently Asked Questions

When was property at 9 Edith Lane built and last sold?
The property at 9 Edith Lane was built in 1976 and last sold on Jan 1, 1970 for $259,900.
How much is this home worth?
The estimated value of the home located at 9 Edith Lane is $265,585.
What are some comparable homes to 9 Edith Lane?
There are currently no comparable homes to 9 Edith Lane.
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