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Worcester 01545
123 Old Mill Road
$122,000
● House - Off Market

123 Old Mill Road

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
936 Ft²
$415,187
RealtyHop Estimate
235.10%
Since Jan 1, 1999
National-US
Primary Model

About This Property

WELL MAINTAINED 3 BEDROOM RANCH ON NICE CORNER LOT. RECENT SIDING AND ROOF,LR WITH FIREPLACE,HARDWOOD FLOORS,BREEZEWAY W/ GARAGE,. SELLER TO GIVE BUYER $2,000 BACK AT CLOSING TOWARDS SEWER HOOK - UPS.CLEAN FULL BASEMENT.
Unit Size
936 Ft²
Days on Market
-
Land Size
177.00 acres
Price per sqft
$132
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
1957

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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 years ago (MLSPIN #30274065)

Price History

Date / Event Date Event Price
Dec 30, 1998 Sold
Premium
Sold
Nov 6, 1998 Listed by Carlton Real Estate $123,900
Listed by Carlton Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,730
  • Total Building Area: 1,872
  • Gross Building Area: 3,422
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Shrewsbury School District
  • School Tax School District: SHREWSBURY SD
  • Census Tract: 739500

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 4386
  • Parcel: SHRE M:26 B:054000
  • Block: 54000
  • Municipality: SHREWSBURY
  • Latitude: 42.2832
  • Longitude: -71.7425

    Address

  • Full Address: 123 Old Mill Rd
  • Address - House Number: 123
  • Address - Street Name: Old Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C008
  • 4-Digit Zip Code: 2234
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $534,200

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 495,230
  • High Value: 587,642
  • Low Value: 402,818

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,200
  • Assessed Land Value: $193,800
  • Assessed Improvements Value: $213,400

    Sales

  • Current Sale Recording Date: Dec 30, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

64.5 years

Currently For Sale

1992 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 years ago
Data Source: MLS PIN, MLS# 30274065

Frequently Asked Questions

When was property at 123 Old Mill Road built and last sold?
The property at 123 Old Mill Road was built in 1957 and last sold on Jan 1, 1970 for $122,000.
How much is this home worth?
The estimated value of the home located at 123 Old Mill Road is $0.
What are some comparable homes to 123 Old Mill Road?
There are currently no comparable homes to 123 Old Mill Road.
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