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Worcester
2 Colonial Dr
$485,000
● House - Off Market

2 Colonial Dr

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,816 Ft²
$515,241
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

OH SAT 2/4 from 12-2 -- 2-1 interest rate buy down is available for full-price offers! Beautiful colonial sitting on over an acre of land is awaiting its new owners! Located on a quiet street with a lot of privacy. This home boasts a 2-car attached garage, plenty of parking in the circular driveway, hardwood floors, a partially finished basement, and a beautiful stone fireplace. The town of Mendon offers highly rated public schools, Massachusetts's largest zoo - The Southwick Zoo, and The Mendon Twin Drive-In theater. the buyer is to pay for the title 5 septic inspection but that was already done in October. - $2000 selling bonus to selling agent if under agreement by 2/15/23!
Unit Size
1,816 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$275
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1985

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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: 4 months ago (MLSPIN #73066007)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Dec 20, 2022 Listed by Cameron Real Estate Group $500,000
Listed by Cameron Real Estate Group
Jul 1, 1996 Sold
Premium
Sold
Jan 25, 1996 Listed by Cameron Real Estate Group $169,000
Listed by Cameron Real Estate Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,816
  • Gross Building Area: 3,988
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: MENDON-UPTON SD
  • Census Tract: 746100

Zoning

  • Zoning: RES

Geography

  • Account Number: 2345
  • Parcel: MEND M:28 B:118 P:002
  • Block: 118
  • Municipality: MENDON
  • Latitude: 42.065
  • Longitude: -71.524

    Address

  • Full Address: 2 Colonial Dr
  • Address - House Number: 2
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Mendon
  • Carrier Code: R001
  • 4-Digit Zip Code: 1326
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $737,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 565,571
  • High Value: 684,316
  • Low Value: 446,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,200
  • Assessed Land Value: $152,700
  • Assessed Improvements Value: $385,500

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19348
  • Previous Sale Recording Date: Jul 01, 1996
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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 months ago
Data Source: MLS PIN, MLS# 73066007

Frequently Asked Questions

When was property at 2 Colonial Drive built and last sold?
The property at 2 Colonial Drive was built in 1985 and last sold on Mar 10, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 2 Colonial Drive is $490,444.
What are some comparable homes to 2 Colonial Drive?
There are currently no comparable homes to 2 Colonial Drive.
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