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Worcester 01523
271- C Mill St Extension
$525,000
● House - Off Market

271- C Mill St Extension

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,432 Ft²
$839,217
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Brand new quality colonial home under construction on a 2+ acre lot near the Bolton Town line and only minutes to Rte 495! Nice level lot in area of other newer homes.  Super energy efficient design with " Mass Stretch Energy" code compliant insulation and efficiency measures. Great floor plan with big kitchen that features granite counters and custom cabinets. First floor laundry/ mudroom, formal dining and living room with hardwood floors and vaulted greatroom with gas fireplace. Upstairs you will find 4 bedrooms including a nice master suite complete with full bath. Why settle for anything but a brand new energy efficient home?
Unit Size
2,432 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$216
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 years ago (MLSPIN #72132147)

Price History

Date / Event Date Event Price
Jul 7, 2017 Sold
Premium
Sold
Mar 17, 2017 Listed by Evan Iliopoulos $525,000
Listed by Evan Iliopoulos

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,235
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,437
  • Gross Building Area: 2,436
  • Building Area: 2,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:042.0 B:0000 L:0112.A
  • Lot: 112.A
  • Municipality: LANCASTER
  • Latitude: 42.4345
  • Longitude: -71.6686

    Address

  • Full Address: 271 Mill Street Ext
  • Address - House Number: 271
  • Address - Street Name: Mill Street
  • Address - Suffix Type: Ext
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 2005
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,014,600

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 746,364
  • High Value: 865,746
  • Low Value: 626,982

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590,200
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $480,200

    Sales

  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71739
  • Previous Sale Recording Date: Jan 27, 2017
  • Previous Sale Document Type: 27
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72132147

Frequently Asked Questions

When was property at 271 Mill St Exd built and last sold?
The property at 271 Mill St Exd was built in 2017 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 271 Mill St Exd is $0.
What are some comparable homes to 271 Mill St Exd?
There are currently no comparable homes to 271 Mill St Exd.
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