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Worcester 01543
25 Michael Drive
$375,000
● House - Off Market

25 Michael Drive

Rutland, MA 01543
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,868 Ft²
$548,913
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Meticulously maintained colonial on a beautiful lot, close to the Holden line. The kitchen features upgraded cabinets, center island, granite, tile backsplash, SS appliances & hardwood flooring. Family room and dining room with hardwood floors as well.  4 bedrooms and 2 additional bathrooms on the second floor. Finished room in basement makes a great office/den/playroom.  And wait till you see the back yard! A great place to relax and enjoy time with family or friends on the huge patio, or sitting around the fire pit. And as an added BONUS, the Solar Panels are owned (no lease payment) and provide a HUGE cost savings.  Great neighborhood / Cul-De-Sac. Fantastic commuter location
Unit Size
1,868 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$201
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
2010

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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 #72563126)

Price History

Date / Event Date Event Price
Nov 7, 2019 Sold
Premium
Sold
Sep 11, 2019 Listed by ERA Key Realty Services - Westborough $375,000
Listed by ERA Key Realty Services - Westborough
Feb 11, 2016 Sold
Premium
Sold
Nov 15, 2015 Listed by ERA Key Realty Services - Westborough $314,900
Listed by ERA Key Realty Services - Westborough
Feb 3, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 43,995
  • Total Building Area: 1,728
  • Gross Building Area: 3,384
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOOSE XING
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:63 B:A L:2.16
  • Block: A
  • Lot: 2.16
  • Municipality: RUTLAND
  • Latitude: 42.4006
  • Longitude: -71.9248

    Address

  • Full Address: 25 Michael Dr
  • Address - House Number: 25
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Rutland
  • Carrier Code: R005
  • 4-Digit Zip Code: 1789
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $604,000

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 561,342
  • High Value: 655,586
  • Low Value: 467,098

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,200
  • Assessed Land Value: $109,500
  • Assessed Improvements Value: $330,700

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Nov 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 119633
  • Previous Sale Recording Date: Feb 11, 2016
  • Previous Sale Amount: $310,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72563126

Frequently Asked Questions

When was property at 25 Michael Drive built and last sold?
The property at 25 Michael Drive was built in 2010 and last sold on Sep 26, 2019 for $375,000.
How much is this home worth?
The estimated value of the home located at 25 Michael Drive is $382,772.
What are some comparable homes to 25 Michael Drive?
There are currently no comparable homes to 25 Michael Drive.
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