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Worcester
15 Inman Hill Rd.
$192,500
● Land - Off Market

15 Inman Hill Rd.

Mendon, MA 01756
bedrooms
Studio
bathrooms
0 Bath
$259,584
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Rare, Beautiful Mendon Building lot. Well is in (see attached results) Foundation hole is excavated, all grading done except for septic. Septic design in hand see attached. Driveway roughed in. Lot abuts over 100 acres of Open Space (Passive Recreation) to the rear and is also accessible at the end of Inman Hill Rd where trails allow horseback riding and Hiking the trails around this hilltop farm with impressive views. This lot is ready to build, just pull the permit and go! Assessment does not reflect the improvements the current owner has made. See attached plans for the house they were going to build and a building permit in hand for that plan. You ,of course, can build whatever you want.
Unit Size
-
Days on Market
-
Land Size
1.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
$188
HOA Dues
-
Year Built
-

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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: 5 months ago (MLSPIN #72741063)

Price History

Date / Event Date Event Price
Jan 11, 2021 Sold
Premium
Sold
Oct 10, 2020 Listed by Mendon Area Real Estate $199,900
Listed by Mendon Area Real Estate
Nov 25, 2019 Sold
Premium
Sold

Property Highlights

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: 75,445
  • 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: 0000001732
  • 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: 2931
  • Parcel: MEND M:22 B:149 P:015
  • Block: 149
  • Municipality: MENDON
  • Latitude: 42.0751
  • Longitude: -71.5502

    Address

  • Full Address: 15 Inman Hill Rd
  • Address - House Number: 15
  • Address - Street Name: Inman Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Mendon
  • Carrier Code: R003
  • 4-Digit Zip Code: 1301
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $218,900
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $159,700
  • Assessed Land Value: $159,700

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4088
  • Previous Sale Recording Date: Nov 25, 2019
  • Previous Sale Contract Date: Nov 20, 2019
  • Previous Sale Amount: $125,500
  • Previous Sale Document Type: O
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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 72741063

Frequently Asked Questions

When was property at 15 Inman Hill Road built and last sold?
The property at 15 Inman Hill Road was built in and last sold on Jan 7, 2021 for $192,500.
How much is this home worth?
The estimated value of the home located at 15 Inman Hill Road is $201,899.
What are some comparable homes to 15 Inman Hill Road?
There are currently no comparable homes to 15 Inman Hill Road.
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