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Worcester 01475
195 Mellen Rd
$370,000
● House - Off Market

195 Mellen Rd

Winchendon, MA 01475
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,764 Ft²
$780,578
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

One of a kind custom-built oak post and beam contemporary colonial on huge 14+ acres plus an additional two acre lot.  PLUS 35' cathedral ceiling, completely open second floor with attached workroom; Buderus furnace, radiant heat and high velocity a/c, generator panel;  Marble kitchen, Bose whole house entertainment center w/sound system on deck - too many amenities to mention!  Cannot be built at this price!  If its privacy you are looking for, this is the home for you!
Unit Size
3,764 Ft²
Days on Market
-
Land Size
14.48 acres
Price per sqft
$108
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
2002

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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 #71541272)

Price History

Date / Event Date Event Price
Jul 30, 2018 Sold
Premium
Sold
Feb 28, 2014 Sold
Premium
Sold
Jun 13, 2013 Listed by RE/MAX Property Promotions $405,000
Listed by RE/MAX Property Promotions
Sep 1, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 717,782
  • Total Building Area: 3,764
  • Gross Building Area: 8,614
  • Building Area: 3,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 3,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000016478
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchendon School District
  • School Tax School District: WINCHENDON SD
  • Census Tract: 701101

Zoning

  • Zoning: R1

Geography

  • District: 343
  • Parcel: WINC M:11 B:0 L:179
  • Lot: 179
  • Municipality: WINCHENDON
  • Latitude: 42.6309
  • Longitude: -72.034

    Address

  • Full Address: 195 Mellen Rd
  • Address - House Number: 195
  • Address - Street Name: Mellen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchendon
  • Carrier Code: R002
  • 4-Digit Zip Code: 2026
  • Zip Code: 01475

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,042,100

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 788,566
  • High Value: 855,872
  • Low Value: 721,261

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $831,000
  • Assessed Land Value: $88,800
  • Assessed Improvements Value: $742,200

    Sales

  • Current Sale Recording Date: Jul 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78094
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Amount: $370,000
  • 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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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# 71541272

Frequently Asked Questions

When was property at 195 Mellen Road built and last sold?
The property at 195 Mellen Road was built in 2002 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 195 Mellen Road is $441,444.
What are some comparable homes to 195 Mellen Road?
There are currently no comparable homes to 195 Mellen Road.
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