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Worcester
3 Mill River Dr
$357,500
● House - Off Market

3 Mill River Dr

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,152 Ft²
$798,200
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Well maintained colonial w/ 4 beds/2.5 baths sits on a quiet cul-de-sac less then 3m to 495 and 6m to Forge Park Commuter Rail,finshed basement with new carpets,2 car attached garage (new doors) with plenty of extra parking allows enough for 4 additional cars/boat/camper.Central air/heat throughout the property,open floor plan allows the kitchen to flow right into the L/R and out to the deck off the kitchen. Must see!!! Make an offer, all reasonable offers will be considered/countered.
Unit Size
2,152 Ft²
Days on Market
-
Land Size
1.52 acres
Price per sqft
$172
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1991

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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 #71380226)

Price History

Date / Event Date Event Price
Sep 21, 2012 Sold
Premium
Sold
May 9, 2012 Listed by Prudential Prime Properties $369,900
Listed by Prudential Prime Properties
Aug 22, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,211
  • Total Building Area: 2,152
  • Gross Building Area: 4,312
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILL RIVER ESTATES
  • Land Acres: 0000001520
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: MENDON-UPTON SD
  • Census Tract: 746100

Zoning

  • Zoning: RES

Geography

  • Account Number: 1191
  • Parcel: MEND M:13 B:185 P:003
  • Block: 185
  • Municipality: MENDON
  • Latitude: 42.0986
  • Longitude: -71.5166

    Address

  • Full Address: 3 Mill River Dr
  • Address - House Number: 3
  • Address - Street Name: Mill River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Mendon
  • Carrier Code: R001
  • 4-Digit Zip Code: 1147
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $873,200

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 682,166
  • High Value: 802,882
  • Low Value: 561,451

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $636,900
  • Assessed Land Value: $185,800
  • Assessed Improvements Value: $451,100

    Sales

  • Current Sale Recording Date: Sep 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000011
  • Previous Sale Recording Date: Aug 22, 1991
  • Previous Sale Amount: $160,000
  • 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

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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# 71380226

Frequently Asked Questions

When was property at 3 Mill River Drive built and last sold?
The property at 3 Mill River Drive was built in 1991 and last sold on Jan 1, 1970 for $357,500.
How much is this home worth?
The estimated value of the home located at 3 Mill River Drive is $382,219.
What are some comparable homes to 3 Mill River Drive?
There are currently no comparable homes to 3 Mill River Drive.
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