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Worcester
16 Laurel Drive
Photo of 16 Laurel Drive
Sold on Jun 22, 2007

1

Map

$275,000
● House - Off Market

16 Laurel Drive

Millbury, MA 01527
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,228 Ft²
$489,204
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

Surround yourself w/beautiful mountain laurel when you select this lovely one owner home which has been meticulously maintained to offer you 3BDR/1BA,upd electrical,deck,vnyl repl.windows,protected HWs,upd.BA,clg fans,fireplaced LR,& more!!!The walkout LL could be easily finished for add'l living space,or you may prefer the workshop area as is for crafts,wood working,or storage.Carport converts to a seasonal screen room. All this @ the end of a cul-de-sac w/in minutes to RT 146/20/395/MA Pike.
Unit Size
1,228 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$232
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1967

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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: 5 months ago (MLSPIN #70563671)

Price History

Date / Event Date Event Price
Jun 22, 2007 Sold
Premium
Sold
Apr 23, 2007 Listed $285,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 16,000
  • Total Building Area: 1,228
  • Gross Building Area: 3,236
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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: 737100

Geography

  • Parcel: MILB M:079 B:0000046 L:
  • Block: 46
  • Municipality: MILLBURY
  • Latitude: 42.174
  • Longitude: -71.7734

    Address

  • Full Address: 16 Laurel Dr
  • Address - House Number: 16
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millbury
  • Carrier Code: C002
  • 4-Digit Zip Code: 1867
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,100

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 426,349
  • High Value: 505,907
  • Low Value: 346,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,400
  • Assessed Land Value: $75,500
  • Assessed Improvements Value: $215,900

    Sales

  • Current Sale Recording Date: Jun 22, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00082420
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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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: 5 months ago
Data Source: MLS PIN, MLS# 70563671

Frequently Asked Questions

When was property at 16 Laurel Drive built and last sold?
The property at 16 Laurel Drive was built in 1967 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 16 Laurel Drive is $290,679.
What are some comparable homes to 16 Laurel Drive?
There are currently no comparable homes to 16 Laurel Drive.
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