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Worcester
16 Mill Rd
$500,000
● House - Off Market

16 Mill Rd

Dudley, MA 01571
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,574 Ft²
$473,604
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Nestled on the outskirts of Dudley this beautiful colonial offers everything you could ask for! Featuring 3 bedrooms on the second floor, a first floor office for tons of versatility along with a first floor bath! The first floor has a spacious living room, formal dining room, kitchen open to the oversized family room leading out to your stunning fenced in backyard with inground pool and gorgeous plantings! Finished basement with pool table is great for entertaining! 2 car garage with extra storage! TONS of updates here from windows, baths, electric service, boiler, driveway, water line to the road, gutters, recent pool liner, cover and motor, and more! Pellet stove and solar help keeping those rising energy costs down! This has nothing to do but move in!
Unit Size
2,574 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$185
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1966

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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 #73121426)

Price History

Date / Event Date Event Price
Jul 27, 2023 Sold
Premium
Sold
Jun 13, 2023 In contract -
In contract
Jun 6, 2023 Listed by RE/MAX Bell Park Realty $474,900
Listed by RE/MAX Bell Park Realty
Jan 27, 2006 Sold
Premium
Sold
Sep 20, 2005 Listed by RE/MAX Bell Park Realty $349,999
Listed by RE/MAX Bell Park Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 34,033
  • Total Building Area: 2,224
  • Gross Building Area: 3,980
  • Building Area: 2,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,224
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000781
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755202

Geography

  • Parcel: DUDL M:233 L:066
  • Lot: 66
  • Municipality: DUDLEY
  • Latitude: 42.0314
  • Longitude: -71.951

    Address

  • Full Address: 16 Mill Rd
  • Address - House Number: 16
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dudley
  • Carrier Code: R002
  • 4-Digit Zip Code: 6307
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,100

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 503,505
  • High Value: 585,281
  • Low Value: 421,729

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,100
  • Assessed Land Value: $80,800
  • Assessed Improvements Value: $357,300

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60535
  • Previous Sale Recording Date: Jan 27, 2006
  • Previous Sale Amount: $330,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2391 ft²

Average Home Age

64.3 years

Currently For Sale

2106 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73121426

Frequently Asked Questions

When was property at 16 Mill Road built and last sold?
The property at 16 Mill Road was built in 1966 and last sold on Jul 26, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 16 Mill Road is $490,732.
What are some comparable homes to 16 Mill Road?
There are currently no comparable homes to 16 Mill Road.
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