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Worcester
3 Maple Lane
$140,000
● House - Off Market

3 Maple Lane

Millbury, MA 01527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$403,441
RealtyHop Estimate
188.38%
Since Oct 1, 2000
National-US
Primary Model

About This Property

GREAT STARTER HOME, VINYL SIDED, NEWER WINDOWS AND ROOF FENCED BACKYARD HARDWOODS  UNDER CARPET IN MOVE IN CONDITION AND CONVENIENT TO ALL ROUTES IN GREAT QUITE NEIGHBORHOOD SELLER WOULD LIKE SEPTEMBER CLOSING.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$93
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1951

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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 #30416395)

Price History

Date / Event Date Event Price
Sep 29, 2000 Sold
Premium
Sold
May 30, 2000 Listed $139,900
Listed
Aug 9, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 5,000
  • Total Building Area: 1,349
  • Gross Building Area: 2,621
  • Building Area: 1,349
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,349
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 737300

Geography

  • Parcel: MILB M:030 B:0000019 L:
  • Block: 19
  • Municipality: MILLBURY
  • Latitude: 42.2071
  • Longitude: -71.7568

    Address

  • Full Address: 3 Maple Ln
  • Address - House Number: 3
  • Address - Street Name: Maple
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Millbury
  • Carrier Code: C008
  • 4-Digit Zip Code: 3322
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409,800

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 384,981
  • High Value: 451,082
  • Low Value: 318,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,600
  • Assessed Land Value: $66,200
  • Assessed Improvements Value: $217,400

    Sales

  • Current Sale Recording Date: Sep 29, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 09, 1989
  • Previous Sale Amount: $80,000
  • 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30416395

Frequently Asked Questions

When was property at 3 Maple Lane built and last sold?
The property at 3 Maple Lane was built in 1951 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 3 Maple Lane is $156,003.
What are some comparable homes to 3 Maple Lane?
There are currently no comparable homes to 3 Maple Lane.
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