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Worcester
3 Laurel Dr
$245,000
● House - Off Market

3 Laurel Dr

Millbury, MA 01527
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,380 Ft²
$548,558
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Immaculate Split Entry in desirable neighborhood. Family room added in 2002 along with huge deck. Home has been constantly updated! Architecht roof 2 years old. Buderus boiler, central vac. Heated garage, private lot, 1 and 1.5 baths, 2 fireplaces. Absolute move-in.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$185
Property Type
House
Property Taxes
$281
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: 5 months ago (MLSPIN #71362540)

Price History

Date / Event Date Event Price
Aug 1, 2012 Sold
Premium
Sold
Apr 5, 2012 Listed by RE/MAX Acclaim $254,900
Listed by RE/MAX Acclaim
Oct 20, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 16,000
  • Total Building Area: 1,932
  • Gross Building Area: 2,700
  • Building Area: 1,932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millbury School District
  • School Tax School District: MILLBURY SD
  • Census Tract: 737100

Geography

  • Parcel: MILB M:079 B:0000039 L:
  • Block: 39
  • Municipality: MILLBURY
  • Latitude: 42.1722
  • Longitude: -71.7747

    Address

  • Full Address: 3 Laurel Dr
  • Address - House Number: 3
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millbury
  • Carrier Code: C002
  • 4-Digit Zip Code: 1809
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $566,700

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 546,161
  • High Value: 637,026
  • Low Value: 455,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,200
  • Assessed Land Value: $75,500
  • Assessed Improvements Value: $316,700

    Sales

  • Current Sale Recording Date: Aug 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: Oct 20, 2000
  • Previous Sale Amount: $158,000
  • 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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 71362540

Frequently Asked Questions

When was property at 3 Laurel Drive built and last sold?
The property at 3 Laurel Drive was built in 1967 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 3 Laurel Drive is $263,896.
What are some comparable homes to 3 Laurel Drive?
There are currently no comparable homes to 3 Laurel Drive.
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