21 days on rocket

88 State Rd W, Westminster, MA, 01473

$1,350,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
8 Full Baths, 1 Partial
6,669 SqFt
$202/SqFt
Multi
Schools Nearby

Location

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88 State Rd W, Westminster$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Paved
Garage3 spaces
Year Built1920
BasementYes
WaterfrontWaterfront, Pond
ViewOther
MLS #73222796
Lot Size21.52 Acres
StatusActive

About 88 State Rd W

Welcome to The Homestead. Property like this doesn't come along often in Westminster. An 8-unit apartment building with two land parcels that total 21.52 acres. One parcel is 10.52 acres, it includes the building and the other is 11.02 acres. Future potential land development opportunity. The apartments consist of one 3 bedroom, 1.5 bath single family residence attached to seven apartments. Most of the apartments are oversized one beds, some are really big units. Units 2 & 3 are gutted & 90% completed. Property can be delivered rented or vacant but most likely will be delivered vacant so the next person can either fill the property with market rate rents or go straight into renovations. Market rate rents here would be in the range of $1k-$1.5k/Mon.+ for the apartments and $2k+ for the house. Totaling $9-$12k+/month once renovated and fully rented. Sold As-is. R1 Zoning - Apartments or townhouses w/ a special permit - assisted living yes. The possibilities are endless. Make me an offer!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 6,669 SqFt

Listing Office:

  • Office Name: LAER Realty Partners
  • Listing Agent: John Despres

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Pond
  • View: Other

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Paved Drive, Paved

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 21.52 Acres

Other

Directions Information:

  • Directions: Rt 2 to Main St to State Rd W

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $202/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Westminster, MA.

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Westminster, MA

City

Med. Sold Price

$526.5K

Med. Price/SqFt

$268

Avg. Days On Market

42

# of Sold Homes

6

88 State Rd W vs Westminster

21 DAYS ON ROCKET

-21 Days

$1,350,000

+$823.5K More

$202/SqFt

-$67 Less

KEY TAKEAWAY

This property is $823.5K more than the Median Sold Price and $67/SqFt less than other homes in Westminster, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73222796

Listing Office:

  • Office Name: LAER Realty Partners
  • Listing Agent: John Despres

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 12:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5097138
5
/10

  • Westminster Elementary School

  • 9 Academy Hill Rd

  • 1.64 miles

  • Public District Grades 2-5

school-card-donut-5097139
2
/10

  • Elm Street School

  • 160 Elm St

  • 2.75 miles

  • Public District Grades 3-5

school-card-donut-5097140
4
/10

  • Briggs Elementary School

  • 96 Williams Rd

  • 4.40 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,736. Typical income of Westminster, MA residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Worcester County›Westminster›01473›88 State Rd W

This home is located at 88 State Rd W in Westminster, MA and zip code 01473. This 6,669 square foot home, which was built in 1920, sits on a 21.52 acre lot. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $1,350,000.

Over 4 listings were sold over their listed price in April 2024 in Westminster, MA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. In April 2024 in Westminster, MA there were 62.5% more homes for sale than in March 2024. While the average time on the market in April 2024 was 42 days, the median list price was $526,500.

From Rocket Homes Real Estate and based on county public records data.

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