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Worcester
24 Mill Rd
$227,000
● House - Off Market

24 Mill Rd

Dudley, MA 01571
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,072 Ft²
$477,025
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

This home has been meticulously maintained with major updates already done including newer roof, baths, kit, vinyl sided ,plumbing ,electrical, brand new septic, structure re-enforced in attic & garage. Dudley has low taxes & desirable school system.1st floor hardwoods, finished ll, separate laundry area in lower level, Burdeus furnace & superstore hot H20 tank.  Just down the road RR tracks converted into bike & walking paths to get out enjoy the pretty NE scenery. Close to Nichols College.
Unit Size
2,072 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$118
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1963

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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 #71537571)

Price History

Date / Event Date Event Price
Jan 30, 2015 Sold
Premium
Sold
Sep 13, 2013 Sold
Premium
Sold
Jun 6, 2013 Listed by ERA Key Realty Services - Alliance Realty, Inc. $245,000
Listed by ERA Key Realty Services - Alliance Realty, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,997
  • Total Building Area: 1,904
  • Gross Building Area: 4,540
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755202

Geography

  • Parcel: DUDL M:233 L:063
  • Lot: 63
  • Municipality: DUDLEY
  • Latitude: 42.0312
  • Longitude: -71.9523

    Address

  • Full Address: 24 Mill Rd
  • Address - House Number: 24
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dudley
  • Carrier Code: R002
  • 4-Digit Zip Code: 6307
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,800

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 454,687
  • High Value: 535,756
  • Low Value: 373,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $401,500
  • Assessed Land Value: $78,600
  • Assessed Improvements Value: $322,900

    Sales

  • Current Sale Recording Date: Jan 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8180
  • Previous Sale Recording Date: Sep 13, 2013
  • Previous Sale Amount: $227,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71537571

Frequently Asked Questions

When was property at 24 Mill Road built and last sold?
The property at 24 Mill Road was built in 1963 and last sold on Jan 1, 1970 for $228,750.
How much is this home worth?
The estimated value of the home located at 24 Mill Road is $261,190.
What are some comparable homes to 24 Mill Road?
There are currently no comparable homes to 24 Mill Road.
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