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Worcester
131 Macarthur
$199,900
● House - Off Market

131 Macarthur

Millbury, MA 01527
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,225 Ft²
$536,851
RealtyHop Estimate
168.56%
Since Oct 1, 2001
National-US
Primary Model

About This Property

IMMACULATE CONTEMPORARY RANCH W/LANDSCAPED YARD LAYOUT HAS MANY POSSIBILITES,  20 X 20 RM OVER GARAGE- GREAT POTENTIAL + REF & D/W, RECENT REHAB PUMP/UTILITY RUN BEHIND MIRROR IN BASEMENT FOR ACCESS
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$163
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #30527727)

Price History

Date / Event Date Event Price
Sep 9, 2021 Sold
Premium
Sold
Oct 1, 2001 Sold
Premium
Sold
Jul 27, 2001 Listed by Keller Williams Coastal $199,900
Listed by Keller Williams Coastal

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 21,420
  • Total Building Area: 1,755
  • Gross Building Area: 3,981
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000492
  • 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:024 B:0000004 L:
  • Block: 4
  • Municipality: MILLBURY
  • Latitude: 42.2144
  • Longitude: -71.7456

    Address

  • Full Address: 131 Macarthur Dr
  • Address - House Number: 131
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millbury
  • Carrier Code: C004
  • 4-Digit Zip Code: 3503
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $417,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 406,840
  • High Value: 491,555
  • Low Value: 322,126

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,900
  • Assessed Land Value: $74,300
  • Assessed Improvements Value: $214,600

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126692
  • Previous Sale Recording Date: Oct 01, 2001
  • Previous Sale Amount: $199,900
  • Previous 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

2377 ft²

Average Home Age

64.6 years

Currently For Sale

2002 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30527727

Frequently Asked Questions

When was property at 131 Macarthur Drive built and last sold?
The property at 131 Macarthur Drive was built in 1965 and last sold on Sep 9, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 131 Macarthur Drive is $0.
What are some comparable homes to 131 Macarthur Drive?
There are currently no comparable homes to 131 Macarthur Drive.
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