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Worcester
116 Magill Drive
$1,010,000
● House - Off Market

116 Magill Drive

Grafton, MA 01519
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,000 Ft²
$4,857
Est. Monthly

About This Property

Open House Sat 11/18 & Sun 11/19 from 12-2.   **The interior photos shown are from the house next door which is the same plan**  Welcome to Highfields Golf & CC.  Only 3 lots to go!  House is under construction with a Jan/Feb '24 closing date.  Still time to make a fair amount of choices.  This is a phenomenal plan with a large kitchen that merges into the 2-story family room.  Formal living and dining rooms on 1st floor, and 1st floor office with adjacent full bath (makes for a great first floor bedroom).  Excellent bedroom sizes on second floor including a large master suite with sumptuous bath and walk-in closet  Bonus room in basement with full bath and sliders to exterior.  HardyPlank exterior siding with composite trim, and composite decking.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$247
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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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 #73170174)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Nov 22, 2023 In contract -
In contract
Nov 17, 2023 Relisted $989,000
Relisted
Oct 18, 2023 In contract -
In contract
Oct 13, 2023 Listed by Mathieu Newton Sotheby's International Realty $989,000
Listed by Mathieu Newton Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 15,682
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000360
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Grafton School District
  • School Tax School District: GRAFTON SD
  • Census Tract: 738202

Zoning

  • Zoning: R4

Geography

  • Account Number: 1101000000002490
  • Parcel: GRAF M:0100 B:0000 L:0249.0
  • Lot: 249.0
  • Municipality: GRAFTON
  • Latitude: 42.1878
  • Longitude: -71.6729

    Address

  • Full Address: 116 Magill Dr
  • Address - House Number: 116
  • Address - Street Name: Magill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Grafton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1331
  • Zip Code: 01519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $162,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,200
  • Assessed Land Value: $103,200

    Sales

  • Current Sale Contract Date: Mar 08, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16966
  • Previous Sale Recording Date: Mar 08, 2024
  • Previous Sale Contract Date: Feb 26, 2024
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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# 73170174

Frequently Asked Questions

When was property at 116 Magill Drive built and last sold?
The property at 116 Magill Drive was built in and last sold on Mar 8, 2024 for $1,010,000.
How much is this home worth?
The estimated value of the home located at 116 Magill Drive is $932,455.
What are some comparable homes to 116 Magill Drive?
There are currently no comparable homes to 116 Magill Drive.
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