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Worcester 01568
196 Mechanic Street
$320,000
● House - Off Market

196 Mechanic Street

Upton, MA 01568
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,472 Ft²
$969,215
RealtyHop Estimate
202.97%
Since Apr 1, 2000
National-US
Primary Model

About This Property

METICULOUSLY MAINTAINED COL. WITH UPDATED SYSTEMS. RECENT FURNACE & ROOF. SPECTACULAR SUNNY FAM RM WITH HW FLOORS, WOODSTOVE, BUILD-INS, CATHEDRAL CEILINGS & WINDOWS FOR THE ENJOYMENT OF THE NATURAL WOODED LOT & LANDSCAPE.
Unit Size
2,472 Ft²
Days on Market
-
Land Size
1.85 acres
Price per sqft
$129
Property Type
House
Property Taxes
$1
HOA Dues
-
Year Built
1976

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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: 4 years ago (MLSPIN #30371579)

Price History

Date / Event Date Event Price
Mar 21, 2000 Sold
Premium
Sold
Nov 29, 1999 Listed $319,900
Listed
Feb 1, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 2
  • Basement Area: 1,528
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,586
  • Total Building Area: 2,516
  • Gross Building Area: 4,513
  • Building Area: 2,516
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,516
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001850
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: BLCKSTONE VLY
  • Census Tract: 743100

Zoning

  • Zoning: 5

Geography

  • Account Number: 383
  • Parcel: UPTO M:010 L:029
  • Lot: 29
  • Municipality: UPTON
  • Latitude: 42.1979
  • Longitude: -71.6265

    Address

  • Full Address: 196 Mechanic St
  • Address - House Number: 196
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Upton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1550
  • Zip Code: 01568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $666,200

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 647,252
  • High Value: 746,519
  • Low Value: 547,984

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480,300
  • Assessed Land Value: $240,200
  • Assessed Improvements Value: $240,100

    Sales

  • Current Sale Recording Date: Mar 21, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 01, 1988
  • Previous Sale Amount: $224,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 years ago
Data Source: MLS PIN, MLS# 30371579

Frequently Asked Questions

When was property at 196 Mechanic Street built and last sold?
The property at 196 Mechanic Street was built in 1976 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 196 Mechanic Street is $0.
What are some comparable homes to 196 Mechanic Street?
There are currently no comparable homes to 196 Mechanic Street.
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