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Worcester
2 Thayer Rd
$425,000
● House - Off Market

2 Thayer Rd

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,480 Ft²
$838,279
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Gorgeous 4 bedroom/2.5 bath on a dead end street with a development right next door. Location is 10 minutes from Franklin Forge Park T and 495...rare for Mendon.      Bump out family room with solid oak hardwood floors on the first floor and stairs, open floor plan, granite countertops, cherry cabinets throughout. Large master bedroom walk in closet. Second floor laundry closet. Unfinished walk up attic roughed in for heating and cooling.      Wooded lot with an easement this is ideal for a garden or pet exercise area.     Condition is pristine...one owner.
Unit Size
2,480 Ft²
Days on Market
-
Land Size
1.59 acres
Price per sqft
$173
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
2003

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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 #71564934)

Price History

Date / Event Date Event Price
Oct 28, 2020 Sold
Premium
Sold
Aug 26, 2020 Listed by ERA Key Realty Services $550,000
Listed by ERA Key Realty Services
Oct 16, 2013 Sold
Premium
Sold
Aug 5, 2013 Listed by ERA Key Realty Services $430,000
Listed by ERA Key Realty Services
Feb 27, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,935
  • Total Building Area: 2,480
  • Gross Building Area: 4,690
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001651
  • 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: 2199
  • Parcel: MEND M:24 B:227 P:002
  • Block: 227
  • Municipality: MENDON
  • Latitude: 42.0776
  • Longitude: -71.5016

    Address

  • Full Address: 2 Thayer Rd
  • Address - House Number: 2
  • Address - Street Name: Thayer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Mendon
  • Carrier Code: R001
  • 4-Digit Zip Code: 1194
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $927,300

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 725,114
  • High Value: 840,750
  • Low Value: 609,478

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $676,400
  • Assessed Land Value: $158,900
  • Assessed Improvements Value: $517,500

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129692
  • Previous Sale Recording Date: Oct 16, 2013
  • Previous Sale Amount: $425,000
  • 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

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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: 4 months ago
Data Source: MLS PIN, MLS# 71564934

Frequently Asked Questions

When was property at 2 Thayer Road built and last sold?
The property at 2 Thayer Road was built in 2003 and last sold on Oct 27, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 2 Thayer Road is $573,031.
What are some comparable homes to 2 Thayer Road?
There are currently no comparable homes to 2 Thayer Road.
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