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Worcester
92 Richards Ave
$214,500
● House - Off Market

92 Richards Ave

Paxton, MA 01612
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,419 Ft²
$426,030
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Own a piece of Paxton's history!  Unlimited potential in this charming historic property close to Paxton center, schools and library.  Upgrade and build equity in this 5-6 bedroom home featuring original house with country kitchen including brick fireplace, Dutch ovens and window seat, front to back living and dining rooms and 3 rooms w/full bath up, and late 1940 addition boasting beamed cathedral ceiling great room with  wide pine floors and 5 foot fireplace connecting to bedroom wing offering 2 rooms/full bath up and 2 rooms/full bath down.  Almost 2.5 private acres including stone walls, flagstone patio, tennis court (needs renovation), and newer 2-car garage with walk-up insulated 2nd floor ready to finish.  New septic installed in 2012. Make this home your own.
Unit Size
3,419 Ft²
Days on Market
-
Land Size
2.35 acres
Price per sqft
$70
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1728

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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 #71848381)

Price History

Date / Event Date Event Price
Oct 13, 2017 Sold
Premium
Sold
Jul 30, 2015 Sold
Premium
Sold
Jun 1, 2015 Listed by RE/MAX Vision $239,900
Listed by RE/MAX Vision

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1728
  • Effective Year Built: 1728
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • 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: 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: 102,253
  • Total Building Area: 3,455
  • Gross Building Area: 6,258
  • Building Area: 3,455
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,455
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002347
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R40

Geography

  • Account Number: 812
  • Parcel: PAXT M:00018 L:00128
  • Lot: 128
  • Municipality: PAXTON
  • Latitude: 42.3169
  • Longitude: -71.9265

    Address

  • Full Address: 92 Richards Ave
  • Address - House Number: 92
  • Address - Street Name: Richards
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Paxton
  • Carrier Code: C032
  • 4-Digit Zip Code: 1148
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $921,600

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 611,926
  • High Value: 705,765
  • Low Value: 518,087

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,500
  • Assessed Land Value: $128,600
  • Assessed Improvements Value: $444,900

    Sales

  • Current Sale Recording Date: Oct 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113701
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Amount: $214,500
  • 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# 71848381

Frequently Asked Questions

When was property at 92 Richards Avenue built and last sold?
The property at 92 Richards Avenue was built in 1728 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 92 Richards Avenue is $240,333.
What are some comparable homes to 92 Richards Avenue?
There are currently no comparable homes to 92 Richards Avenue.
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