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Worcester
112 Chestnut Hill Rd
$71,000
● Land - Off Market

112 Chestnut Hill Rd

Millville, MA 01529
bedrooms
Studio
bathrooms
0 Bath
$118,970
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Buildable Lot on a beautiful country road. 1.79 acres (77972 Sq Ft ).      See also, listing #72179940.  Other abutting parcels may also be available.        Subject property is vacant land, rough and wooded and any entry there on is at the sole risk, of the person or persons entering thereon.  No agent or potential buyer will trespass without listing agent's permission. Permission will only be granted when a Hold Harmless Agreement is signed, indemnifying the seller and the listing agent from any injury, damage or loss.
Unit Size
-
Days on Market
-
Land Size
1.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
$165
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: 6 months ago (MLSPIN #72179938)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Jun 10, 2017 Listed by United Real Estate Boston Metro South - West $75,000
Listed by United Real Estate Boston Metro South - West
Jun 22, 2012 Sold
Premium
Sold
Jun 3, 2009 Listed by MAssachusetts Real Estate Group $149,000
Listed by MAssachusetts Real Estate Group
Beautiful Residential 1.75 acre lot (Lot A) on a country road. Perc test in hand. This lot also has an abutting 4.75 lot (Lot B) For Sale. Lot is staked.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,456
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,972
  • Total Building Area: 1,456
  • Gross Building Area: 3,168
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Blackstone-Millville School District
  • Census Tract: 748100

Geography

  • Parcel: MILV M:0118 B:0040 L:0
  • Block: 40
  • Municipality: MILLVILLE
  • Latitude: 42.0362
  • Longitude: -71.5864

    Address

  • Full Address: 112 Chestnut Hill Rd
  • Address - House Number: 112
  • Address - Street Name: Chestnut Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millville
  • Carrier Code: R001
  • 4-Digit Zip Code: 1577
  • Zip Code: 01529

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $643,200

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 524,545
  • High Value: 594,049
  • Low Value: 455,040

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $486,500
  • Assessed Land Value: $77,100
  • Assessed Improvements Value: $409,400

    Sales

  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133677
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Amount: $100,000
  • 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72179938

Frequently Asked Questions

When was property at 112 Chestnut Hill Road built and last sold?
The property at 112 Chestnut Hill Road was built in 2017 and last sold on Jan 1, 1970 for $71,000.
How much is this home worth?
The estimated value of the home located at 112 Chestnut Hill Road is $75,750.
What are some comparable homes to 112 Chestnut Hill Road?
There are currently no comparable homes to 112 Chestnut Hill Road.
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