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Millis-Clicquot 02054
2B Sherman Rd
Photo of 2B Sherman Rd
Sold on Apr 29, 2005

1

Map

$357,000
● House - Off Market

2B Sherman Rd

Millis, MA 02054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,523 Ft²
$653,659
RealtyHop Estimate
76.71%
Since May 1, 2005
MA-Boston
Primary Model

About This Property

Charming Cape completely renovated. Refinished hardwood floors, new carpet, new kitchen, 3 bedrooms,2 full baths, 2 fireplaces.  Great location, close to schools & town. New colonials under construction nearby at much higher price.  Super Millis Value!
Unit Size
1,523 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$243
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1950

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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 #70127465)

Price History

Date / Event Date Event Price
Jun 14, 2005 Sold
Premium
Sold
Apr 29, 2005 Sold
Premium
Sold
Dec 20, 2004 Listed $369,900
Listed
Oct 13, 2004 Listed $499,900
Listed
Sep 16, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 20,038
  • Total Building Area: 1,523
  • Gross Building Area: 3,312
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,523
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:029 B:0000112
  • Block: 112
  • Municipality: MILLIS
  • Latitude: 42.1613
  • Longitude: -71.3529

    Address

  • Full Address: 2 Sherman Rd
  • Address - House Number: 2
  • Address - Street Name: Sherman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millis
  • Carrier Code: C001
  • 4-Digit Zip Code: 1526
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $939,100

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 629,008
  • High Value: 734,558
  • Low Value: 523,458

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,900
  • Assessed Land Value: $223,000
  • Assessed Improvements Value: $348,900

    Sales

  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 168562
  • Previous Sale Recording Date: Sep 16, 2004
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 48
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 Millis-Clicquot

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2241 ft²

Average Home Age

65.6 years

Currently For Sale

9 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: 5 months ago
Data Source: MLS PIN, MLS# 70127465

Frequently Asked Questions

When was property at 2 Sherman Road built and last sold?
The property at 2 Sherman Road was built in 1950 and last sold on Jan 1, 1970 for $357,000.
How much is this home worth?
The estimated value of the home located at 2 Sherman Road is $370,527.
What are some comparable homes to 2 Sherman Road?
There are currently no comparable homes to 2 Sherman Road.
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