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Worcester
29 Braney Road
$580,000
● House - Off Market

29 Braney Road

Millbury, MA 01527
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,242 Ft²
$587,706
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Unique offering.....great for multi-generational family as this home is presently being used a single family with in-law. Sited in a neighborhood with expansive deck complete with above ground pool and overlooking a well landscaped lot with shed. The upper level offers striking newly updated kitchen opening to fireplaced living room which is dominated by large bow window. This level has  hardwood floors, 3 bedrooms sharing bath and walk out to large deck, The sunny first floor level has cozy living room open to the large U-shaped kitchen. It features a large bedroom with fireplace, a cozy 2nd bedroom with built-ins and large bath with jacuzzi and shower. The pastoral setting with grassy lawn, perennials, and fruit tree.  Easy for commuting with Mass Pike minutes away.
Unit Size
2,242 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$263
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1967

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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: 6 months ago (MLSPIN #73144489)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 15, 2023 Relisted $295,000
Relisted
Aug 11, 2023 In contract -
In contract
Aug 3, 2023 Listed by Keller Williams Realty North Central $589,900
Listed by Keller Williams Realty North Central
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,288
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,625
  • Total Building Area: 2,242
  • Gross Building Area: 2,438
  • Building Area: 2,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • 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: 0000000382
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Millbury School District
  • School Tax School District: MILLBURY SD
  • Census Tract: 737300

Geography

  • Parcel: MILB M:039 B:0000006 L:
  • Block: 6
  • Municipality: MILLBURY
  • Latitude: 42.1998
  • Longitude: -71.7361

    Address

  • Full Address: 29 Braney Rd
  • Address - House Number: 29
  • Address - Street Name: Braney
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millbury
  • Carrier Code: C006
  • 4-Digit Zip Code: 3944
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522,700

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 536,599
  • High Value: 630,328
  • Low Value: 442,871

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,700
  • Assessed Land Value: $75,900
  • Assessed Improvements Value: $285,800

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90882
  • Previous Sale Recording Date: Nov 15, 2018
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: 54
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 6 months ago
Data Source: MLS PIN, MLS# 73144489

Frequently Asked Questions

When was property at 29 Braney Road built and last sold?
The property at 29 Braney Road was built in 1967 and last sold on Oct 31, 2023 for $580,000.
How much is this home worth?
The estimated value of the home located at 29 Braney Road is $583,817.
What are some comparable homes to 29 Braney Road?
There are currently no comparable homes to 29 Braney Road.
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