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Worcester 01603 Webster Square
103 Mill Street
$140,000
● House - Off Market

103 Mill Street

Worcester, MA 01603
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,968 Ft²
$242,801
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

4th generation owners. First floor has  a continuous flow of rooms that have access to each other. Kitchen, large hallway with built in china cabinet, parlor, sitting room or den and a first floor bedroom or offce.  Also features a very large bathroom.  Wooden banister and stairs lead up to 3 large bedrooms with plenty of windows. These older homes have character and are unique in their own way.  Eat in kitchen with pantry and a laundry room /mud room for the rear entrance.  A detached  big barn with loft and large side yard and additional fenced yard behind barn. Plenty of flowering trees(lilac, burning bush, weeping cherry, apple, rose of sharon) to name a few. Close to coes pond and the public beach and a short walk to webster square.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$66
Property Type
House
Property Taxes
$26,477
HOA Dues
-
Year Built
1876

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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: 5 months ago (MLSPIN #71657745)

Price History

Date / Event Date Event Price
May 16, 2014 Sold
Premium
Sold
Apr 9, 2014 Listed by Waterwheel Realty $129,900
Listed by Waterwheel Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1876
  • Effective Year Built: 1876
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • 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: 2
  • Basement Area: 708
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,046
  • Total Building Area: 1,968
  • Gross Building Area: 3,402
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000322
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 8-022-00006
  • Parcel: WORC M:08 B:022 L:00006
  • Block: 22
  • Lot: 6
  • Municipality: WORCESTER
  • Latitude: 42.2487
  • Longitude: -71.8358

    Address

  • Full Address: 103 Mill St
  • Address - House Number: 103
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 2029
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,700

    Appraisal Valuation

  • Standard Deviation: 0.2782
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 401,959
  • High Value: 513,793
  • Low Value: 290,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,500
  • Assessed Land Value: $85,900
  • Assessed Improvements Value: $225,600

    Sales

  • Current Sale Recording Date: May 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41464
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 Webster Square

Stats & Trends

Median Asking:

$424,750

Sale Price/ft²

$261

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2144 ft²

Average Home Age

82.7 years

Currently For Sale

35 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: 5 months ago
Data Source: MLS PIN, MLS# 71657745

Frequently Asked Questions

When was property at 103 Mill Street built and last sold?
The property at 103 Mill Street was built in 1876 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 103 Mill Street is $151,708.
What are some comparable homes to 103 Mill Street?
There are currently no comparable homes to 103 Mill Street.
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