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Worcester 01603 Webster Square
112 Mill St
$223,000
● House - Off Market

112 Mill St

Worcester, MA 01603
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,089 Ft²
$236,814
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Potential abounds for this fixer upper only steps from Columbus Park and the Coes Resevoir. This deceptively large home spanning over 2,000 square feet with 4 bedrooms, 2 full baths and on a large third of an acre lot, along with a rare oversized detached garage, gives any owner limitless opportunities. The home requires work and will need upgrades throughout, but the major pieces remain intact, including hardwood floors, vinyl/brick siding, and coveted outdoor space. Close to major routes, shops, restaurants, and parks. Make your showing today or in the meantime please see the attached virtual reality 3D tour!
Unit Size
2,089 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$108
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72878918)

Price History

Date / Event Date Event Price
Feb 11, 2022 Sold
Premium
Sold
Aug 10, 2021 Listed by Block Capital Realty LLC $224,900
Listed by Block Capital Realty LLC
Apr 27, 2021 Sold
Premium
Sold
Aug 20, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: 2
  • Building Style: 15
  • Exterior Walls Type: 23
  • 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: 1,468
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,581
  • Total Building Area: 2,089
  • Gross Building Area: 3,804
  • Building Area: 2,089
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,089
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000312
  • 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: 8-021-00003
  • Parcel: WORC M:08 B:021 L:00003
  • Block: 21
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2494
  • Longitude: -71.8361

    Address

  • Full Address: 112 Mill St
  • Address - House Number: 112
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 2028
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 53
  • Final Value: 408,952
  • High Value: 504,661
  • Low Value: 313,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,900
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $249,100

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16980
  • Previous Sale Recording Date: Apr 27, 2021
  • Previous Sale Contract Date: Apr 19, 2021
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 34
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:

$419,900

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2413 ft²

Average Home Age

92 years

Currently For Sale

24 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: 4 months ago
Data Source: MLS PIN, MLS# 72878918

Frequently Asked Questions

When was property at 112 Mill Street built and last sold?
The property at 112 Mill Street was built in 1890 and last sold on Feb 2, 2022 for $223,000.
How much is this home worth?
The estimated value of the home located at 112 Mill Street is $244,673.
What are some comparable homes to 112 Mill Street?
There are currently no comparable homes to 112 Mill Street.
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