For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Worcester 01543
17 (Lot 1) Michael Drive
$300,000
● House - Off Market

17 (Lot 1) Michael Drive

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,720 Ft²
$562,359
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Brand new 3 bedroom, 2.5 bath center hall colonial just waiting for someone to move in. Living room opens to 25' kitchen with maple cabinets, center island, dining area,  & slider to deck. Formal dining room & entryway have hardwood floors. First floor half bath & laundry.  Second floor has spacious 17'x14' MBR with full bath & walk in closet as well as 2 more good sized bedrooms & 2nd full bath. Tile floors & granite counters in kitchen & baths. New small subdivision just minutes from Holden.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #71506775)

Price History

Date / Event Date Event Price
Jun 17, 2020 Sold
Premium
Sold
Mar 14, 2014 Sold
Premium
Sold
Apr 10, 2013 Listed by Walsh and Associates Real Estate $295,000
Listed by Walsh and Associates Real Estate
Jun 25, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 975
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 334,105
  • Total Building Area: 1,568
  • Gross Building Area: 3,551
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007670
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:64 B:A L:5
  • Block: A
  • Lot: 5
  • Municipality: RUTLAND
  • Latitude: 42.4072
  • Longitude: -71.9284

    Address

  • Full Address: 1 Milne Rd
  • Address - House Number: 1
  • Address - Street Name: Milne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rutland
  • Carrier Code: R005
  • 4-Digit Zip Code: 2030
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,800

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 451,053
  • High Value: 530,095
  • Low Value: 372,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,700
  • Assessed Land Value: $112,300
  • Assessed Improvements Value: $245,400

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63849
  • Previous Sale Recording Date: Jun 25, 1998
  • Previous Sale Amount: $173,943
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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: 4 years ago
Data Source: MLS PIN, MLS# 71506775

Frequently Asked Questions

When was property at 1 Michael Drive built and last sold?
The property at 1 Michael Drive was built in 1969 and last sold on Jun 15, 2020 for $307,500.
How much is this home worth?
The estimated value of the home located at 1 Michael Drive is $0.
What are some comparable homes to 1 Michael Drive?
There are currently no comparable homes to 1 Michael Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Rutland Homes for Sale
Rutland Houses for Sale
Rutland Condos for Sale
Rutland Multifamily for Sale
Rutland Land for Sale
Rutland Homes with Basements
Rutland Homes with Pools
Rutland Homes with Parking
Nearby Cities
Worcester Homes for Sale
Leominster Homes for Sale
Spencer Homes for Sale
North Brookfield Homes for Sale
West Brookfield Homes for Sale
East Brookfield Homes for Sale
Barre Homes for Sale
Brookfield Homes for Sale
Nearby Property Records
Worcester County, MA Property Records
Franklin County, MA Property Records
Hillsborough County, NH Property Records
Middlesex County, MA Property Records
Hampshire County, MA Property Records
Windham County, CT Property Records
Cheshire County, NH Property Records
Hampden County, MA Property Records
Neighborhoods
Webster Square Real Estate
Broadmeadow Brook Real Estate
West Tatnuck Real Estate
Greendale Real Estate
Forest Grove Real Estate
Grafton Hill Real Estate
Vernon Hill Real Estate
Burncoat Real Estate
Nearby Counties
Worcester Homes for Sale
Leominster Homes for Sale
Holden Homes for Sale
Auburn Homes for Sale
Spencer Homes for Sale
Leicester Homes for Sale
Westminster Homes for Sale
Templeton Homes for Sale
Top Real Estate Agents
Top Agents in Rutland
Top Agents in Worcester
Top Agents in Worcester
Top Agents in 01420
Top Agents in 01453
Top Agents in Leominster
Top Agents in Leominster
Top Agents in 01604