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Worcester 01602 Webster Square
309 Mill St
$177,500
● House - Off Market

309 Mill St

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,162 Ft²
$303,847
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

You will love living here! Another great area of the city, near Coe's Pond! Lovely 2 bedroom 1 bath home is way better than renting. Enter into vestibule then huge fire placed living room, formal dining room & kitchen. Sliding door leads to over sized deck that steps down to level yard. Detached garage holds one car. Hardwoods  throughout and replacement windows. Nothing to do just move in!
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$155
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1935

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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 months ago (MLSPIN #72024771)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Nov 18, 2020 Listed by RE/MAX Prof Associates $295,000
Listed by RE/MAX Prof Associates
Aug 23, 2016 Sold
Premium
Sold
Jun 17, 2016 Listed by RE/MAX Prof Associates $179,900
Listed by RE/MAX Prof Associates
Nov 21, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 2
  • Basement Area: 648
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,909
  • Total Building Area: 1,162
  • Gross Building Area: 2,231
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-030-00156
  • Parcel: WORC M:42 B:030 L:00156
  • Block: 30
  • Lot: 156
  • Municipality: WORCESTER
  • Latitude: 42.2567
  • Longitude: -71.8482

    Address

  • Full Address: 309 Mill St
  • Address - House Number: 309
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 3188
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 358,214
  • High Value: 418,038
  • Low Value: 298,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,100
  • Assessed Land Value: $69,700
  • Assessed Improvements Value: $205,400

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6876
  • Previous Sale Recording Date: Aug 23, 2016
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: O
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 Webster Square

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72024771

Frequently Asked Questions

When was property at 309 Mill Street built and last sold?
The property at 309 Mill Street was built in 1935 and last sold on Jan 15, 2021 for $315,000.
How much is this home worth?
The estimated value of the home located at 309 Mill Street is $301,629.
What are some comparable homes to 309 Mill Street?
There are currently no comparable homes to 309 Mill Street.
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