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Worcester 01540
23 Millbury Road
Photo of 23 Millbury Road
Sold on Apr 24, 2025

42

Map

Photo of 23 Millbury Road
Photo of 23 Millbury Road
$425,000
● House - Off Market

23 Millbury Road

Oxford, MA 01540
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,623 Ft²
$2,542
Est. Monthly
14.43%
Cap Rate

About This Property

NEW 5 BED SEPTIC. 2.66 acres Farmhouse featuring 5 Bedrooms, DR, & LR! 2623 sq ft living space.  You will be captivated by the wide pine floors found throughout the house, preserved HW in DR & the stunning staircase leading to the 2nd level.  The Land has been meticulously maintained & nurtured by the same family over the past 50 years.  The kitchen offers simple signs of many special gatherings.  Oversized walk-in attic space, Pantry, 3 season wood lined porch area.  You will find plenty of parking and a 1 bay attached garage that is used for storing items. There is an additional shed out back. This would make a great gentleman's farm.
Unit Size
2,623 Ft²
Days on Market
-
Land Size
2.66 acres
Price per sqft
$164
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1838

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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 #73288995)

Price History

Date / Event Date Event Price
Apr 24, 2025 Sold
Premium
Sold
Feb 15, 2025 In contract -
In contract
Feb 10, 2025 Price Decreased $429,900
↓ $10K (2.3%)
Price Decreased
Jan 30, 2025 Price Decreased $439,900
↓ $10K (2.2%)
Price Decreased
Jan 2, 2025 Relisted $450,000
Relisted
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1838
  • Effective Year Built: 1838
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,160
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 115,757
  • Total Building Area: 2,242
  • Gross Building Area: 3,643
  • Building Area: 2,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,242
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002657
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oxford School District
  • School Tax School District: OXFORD SD
  • Census Tract: 753100

Zoning

  • Zoning: R2

Geography

  • Account Number: 16A07
  • Parcel: OXFO M:16 B:A07
  • Block: A07
  • Municipality: OXFORD
  • Latitude: 42.1429
  • Longitude: -71.8582

    Address

  • Full Address: 23 Millbury Rd
  • Address - House Number: 23
  • Address - Street Name: Millbury
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 1311
  • Zip Code: 01540

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $517,200

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 427,666
  • High Value: 502,262
  • Low Value: 353,069

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,700
  • Assessed Land Value: $117,900
  • Assessed Improvements Value: $265,800
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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# 73288995

Frequently Asked Questions

When was property at 23 Millbury Road built and last sold?
The property at 23 Millbury Road was built in 1838 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23 Millbury Road is $0.
What are some comparable homes to 23 Millbury Road?
There are currently no comparable homes to 23 Millbury Road.
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