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Worcester
Lot 11 Skyview Drive
$477,490
● House - Off Market

Lot 11 Skyview Drive

Millbury, MA 01527
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,666 Ft²
$673,015
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Introducing GRAND OPENING "Casa Verde Villages" PHASE V a NEW 98 Lot Subdivision Being Built by One of The Areas Most Respected Builders! Road is PAVED For Phase V All Homes are Loaded With Exceptional Quality & Details Only Found In Much More Expensive Homes - Kitchen and Baths Will Have Custom Cabinetry With GRANITE Counters, Hardwood Floors, Wide Base and Door Trim, Central Air and Two Car Garages Are All Standard Features! The "CATALINA" is Our Largest Model - Perfect For Those Who Want Four Bedrooms With a Spacious Open Floor Plan!  We Have 6 Designs Ranging From 1608 Square Feet to 2666 Square feet With 3-4 Bedrooms. All Plans Have an Option to Add a Fireplace. 2x6 CONSTRUCTION! See Attached Docs in MLS For Plans, Specs, Plot Plan, Etc. Close to Major Routes Including Rte 122 & Mass Pike!
Unit Size
2,666 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$167
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
2018

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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: 6 months ago (MLSPIN #72260950)

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold
Premium
Sold
Mar 29, 2021 Listed by RE/MAX Executive Realty $550,000
Listed by RE/MAX Executive Realty
Sep 27, 2018 Sold
Premium
Sold
Jul 24, 2018 Sold
Premium
Sold
Dec 4, 2017 Listed by RE/MAX Executive Realty $444,900
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 8,000
  • Total Building Area: 2,339
  • Gross Building Area: 4,222
  • Building Area: 2,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,339
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millbury School District
  • School Tax School District: MILLBURY SD
  • Census Tract: 737300

Geography

  • Parcel: MILB M:010 B:0000165 L:
  • Block: 165
  • Municipality: MILLBURY
  • Latitude: 42.2269
  • Longitude: -71.7544

    Address

  • Full Address: 11 Skyview Dr
  • Address - House Number: 11
  • Address - Street Name: Skyview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millbury
  • Carrier Code: C004
  • 4-Digit Zip Code: 3641
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $764,100

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 678,522
  • High Value: 786,514
  • Low Value: 570,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,800
  • Assessed Land Value: $83,100
  • Assessed Improvements Value: $445,700

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88392
  • Previous Sale Recording Date: Jul 24, 2018
  • Previous Sale Amount: $444,560
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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: 6 months ago
Data Source: MLS PIN, MLS# 72260950

Frequently Asked Questions

When was property at 11 Skyview Drive built and last sold?
The property at 11 Skyview Drive was built in 2018 and last sold on Jun 25, 2021 for $582,000.
How much is this home worth?
The estimated value of the home located at 11 Skyview Drive is $558,351.
What are some comparable homes to 11 Skyview Drive?
There are currently no comparable homes to 11 Skyview Drive.
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