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Worcester 01510
14 Milton Ave
$300,000
● Multifamily - Off Market

14 Milton Ave

Clinton, MA 01510
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,837 Ft²
$453,900
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

A bit of sweat equity and let someone else help pay your mortgage! This three bedroom two bath cape has an attached three bedroom apartment. The main house has a  fireplace in the living room, spacious kitchen, first floor bedroom and bath and dining room that could be converted back to a fourth bedroom.  There is hardwood under carpets. The second floor has two large bedrooms and a full  bath. The attached apartment has an open kitchen, dining area and Living room along with a first floor bedroom or den. There are two additional bedrooms on the second floor along with a full bath/laundry. The exterior needs some TLC and the interior needs your special touch. The property is being sold "AS IS" " Buyer/Buyer's Agent to do all due diligence.
Unit Size
2,837 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$109
Property Type
Multifamily
Property Taxes
$367
HOA Dues
-
Year Built
1963

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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 #72559856)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Sep 5, 2019 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $309,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
May 31, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • 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: 15,000
  • Total Building Area: 2,837
  • Gross Building Area: 4,442
  • Building Area: 2,837
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,837
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Clinton School District
  • School Tax School District: CLINTON SD
  • Census Tract: 716101

Geography

  • Parcel: CLIN M:0129 B:1077 L:0000
  • Block: 1077
  • Municipality: CLINTON
  • Latitude: 42.4334
  • Longitude: -71.6739

    Address

  • Full Address: 14 Milton Ave
  • Address - House Number: 14
  • Address - Street Name: Milton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Clinton
  • Carrier Code: C012
  • 4-Digit Zip Code: 1307
  • Zip Code: 01510

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,000
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 498,857
  • High Value: 593,447
  • Low Value: 404,266

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $428,500
  • Assessed Land Value: $121,600
  • Assessed Improvements Value: $306,900

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116588
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Amount: $340,000
  • 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

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 72559856

Frequently Asked Questions

When was property at 14 Milton Avenue built and last sold?
The property at 14 Milton Avenue was built in 1963 and last sold on Oct 30, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 14 Milton Avenue is $314,969.
What are some comparable homes to 14 Milton Avenue?
There are currently no comparable homes to 14 Milton Avenue.
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