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Worcester
Lot 1 Pond Street
$519,900
● House - Off Market

Lot 1 Pond Street

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,656 Ft²
$829,059
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

NEW CONSTRUCTION!!! Introducing Mendon's newest development "Pond Meadow Estates!" Come see the spectacular views from the secluded 16 lot cul-de-sac nestled in a highly desirable section of Mendon.  The homes will feature an open floor plan, 9' ceilings on the first level, spacious 24x24 family room with fireplace, eat-in cabinet packed kitchen with granite countertops and tile flooring, master with en suite which includes tile flooingr and granite double vanities, generous allowance package, and oversized two-car garage.  Commuter friendly, minutes away from Route 16, 140, and 495.
Unit Size
2,656 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 #72099543)

Price History

Date / Event Date Event Price
Aug 4, 2017 Sold
Premium
Sold
Dec 6, 2016 Listed by Afonso Real Estate $519,900
Listed by Afonso Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,675
  • Total Building Area: 2,816
  • Building Area: 2,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000865
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: MENDON-UPTON SD
  • Census Tract: 746100

Zoning

  • Zoning: RES

Geography

  • Account Number: 3394
  • Parcel: MEND M:09 B:201 P:001
  • Block: 201
  • Municipality: MENDON
  • Latitude: 42.1103
  • Longitude: -71.5386

    Address

  • Full Address: 1 Pond St
  • Address - House Number: 1
  • Address - Street Name: Pond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mendon
  • Carrier Code: R003
  • 4-Digit Zip Code: 4500
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $985,300

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 794,650
  • High Value: 899,944
  • Low Value: 689,356

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $718,700
  • Assessed Land Value: $167,000
  • Assessed Improvements Value: $551,700

    Sales

  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84453
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72099543

Frequently Asked Questions

When was property at 1 Pond Street built and last sold?
The property at 1 Pond Street was built in 2017 and last sold on Jan 1, 1970 for $519,900.
How much is this home worth?
The estimated value of the home located at 1 Pond Street is $534,358.
What are some comparable homes to 1 Pond Street?
There are currently no comparable homes to 1 Pond Street.
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