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Worcester
15 Emerson Street
Photo of 15 Emerson Street

2

Map

Photo of 15 Emerson Street
$200,000
● Land - In Contract

15 Emerson Street

Mendon, MA 01756
bedrooms
Studio
bathrooms
0 Bath
$1,167
Est. Monthly
15.39%
Cap Rate

About This Property

Opportunity awaits in Mendon!  Discover the potential of this approximately 1.54-acre parcel, offering an excellent opportunity to build your dream home in a desirable location. Conveniently situated near local amenities, major commuting routes, and outdoor recreation, this property combines accessibility with the charm of New England living. Enjoy easy access to nearby lakes, hiking trails, and all that the Mendon area has to offer. Whether you're ready to build now or planning for the future, this parcel provides the flexibility to bring your vision to life. Perc testing has already been completed. Property is being sold As Is. Buyers and buyer's agents are encouraged to perform their own due diligence.
Unit Size
-
Days on Market
-
Land Size
1.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$185
HOA Dues
-
Year Built
-

Listed By

Jason Tominsky
Afonso Real Estate

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: 2 months ago (MLSPIN #73556189)

Price History

Date / Event Date Event Price
Aug 13, 2026 In contract -
In contract
Jul 29, 2026 Listed by Afonso Real Estate $200,000
Listed by Afonso Real Estate
Oct 27, 1997 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Level, Wooded
Lot Size Area: 1.54
Lot Size Units: Acres
Lot Size Acres: 1.54
Lot Size Square Feet: 67082
Tax Lot: 015
Water Source: Private
Financial Details
Tax Map Number: 11
Tax Assessed Value: $165,400
Tax Annual Amount: $2,215
Utilities Details
Sewer : Private Sewer

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: 67,082
  • 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: 0000001540
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: MENDON-UPTON SD
  • Census Tract: 746100

Zoning

  • Zoning: RES

Geography

  • Account Number: 736
  • Parcel: MEND M:11 B:126 P:015
  • Block: 126
  • Municipality: MENDON
  • Latitude: 42.1024
  • Longitude: -71.554

    Address

  • Full Address: 15 Emerson St
  • Address - House Number: 15
  • Address - Street Name: Emerson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mendon
  • Carrier Code: R003
  • 4-Digit Zip Code: 1202
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $218,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $159,000
  • Assessed Land Value: $159,000

    Sales

  • Current Sale Recording Date: Oct 27, 1997
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73556189

Frequently Asked Questions

When was property at 15 Emerson Street built and last sold?
The property at 15 Emerson Street was built in and last sold on Jan 1, 1970 for $6,000.
How much is this home worth?
The estimated value of the home located at 15 Emerson Street is $202,000.
What are some comparable homes to 15 Emerson Street?
There are currently no comparable homes to 15 Emerson Street.
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