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Worcester 01331
2 Powers Mill Rd.
$274,900
● House - Off Market

2 Powers Mill Rd.

Phillipston, MA 01331
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,147 Ft²
$394,309
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Beautifully renovated home on a quiet dead-end road with large yard and wooded surroundings! Large garage for parking and/or storage, workshop, etc. New stainless steel appliances, new cabinets, and granite countertop. Master bedroom has attached bathroom with walk-in tile shower. Main bathroom features full shower/tub and new tile flooring with washer/dryer hookup. Downstairs also has another washer/dryer hookup! Bonus area downstairs could be completely finished into another room or use for extra storage. Newly renovated features including; siding, roof, heating, plumbing, electrical, and more. Come and see your new home today!
Unit Size
1,147 Ft²
Days on Market
-
Land Size
1.57 acres
Price per sqft
$243
Property Type
House
Property Taxes
$101
HOA Dues
-
Year Built
1996

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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 months ago (MLSPIN #72638384)

Price History

Date / Event Date Event Price
May 8, 2020 Sold
Premium
Sold
Mar 27, 2020 Listed by Prospective Realty INC $279,000
Listed by Prospective Realty INC
Nov 1, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 68,389
  • Total Building Area: 1,284
  • Gross Building Area: 2,868
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • Census Tract: 704201

Zoning

  • Zoning: B

Geography

  • Parcel: PHIL M:00032 L:00052
  • Lot: 52
  • Municipality: PHILLIPSTON
  • Latitude: 42.5654
  • Longitude: -72.1351

    Address

  • Full Address: 2 Powers Mill Rd
  • Address - House Number: 2
  • Address - Street Name: Powers Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Phillipston
  • Carrier Code: R001
  • 4-Digit Zip Code: 9700
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $418,900

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 412,819
  • High Value: 492,687
  • Low Value: 332,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $349,700
  • Assessed Land Value: $52,100
  • Assessed Improvements Value: $297,600

    Sales

  • Current Sale Contract Date: May 04, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47119
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Amount: $71,099
  • 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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 72638384

Frequently Asked Questions

When was property at 2 Powers Mill Road built and last sold?
The property at 2 Powers Mill Road was built in 1996 and last sold on May 4, 2020 for $278,900.
How much is this home worth?
The estimated value of the home located at 2 Powers Mill Road is $284,742.
What are some comparable homes to 2 Powers Mill Road?
There are currently no comparable homes to 2 Powers Mill Road.
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