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Worcester
31 Miles Ave
$385,000
● House - Off Market

31 Miles Ave

Holden, MA 01522
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,326 Ft²
$390,356
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Yes, you can afford to live in Holden! Great location near Wachusett Regional High School and Eagle Lake. Property boasts over an acre of land on quiet street. Seller has added solar panels for reduced energy costs, newly painted interior, newer improvements to kitchen with breakfast counter and remodeled bathroom. Breezeway is heated and converted to additional optional office space. Other features include hybrid hot water heater, generator hookup and two car garage. Hardwood floors throughout add to the feel of home as well as wood burning fireplace in living room. Oversized lot perfect for gardening and lends itself to potential future additions to home.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$279
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1952

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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 #73052062)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Oct 29, 2022 In contract -
In contract
Oct 26, 2022 Listed by RE/MAX Destiny $369,900
Listed by RE/MAX Destiny
Jan 11, 2018 Sold
Premium
Sold
Sep 25, 2017 Listed by RE/MAX Destiny $239,000
Listed by RE/MAX Destiny

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,194
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 1,326
  • Gross Building Area: 4,142
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • School Tax School District: WACHUSETT SD
  • Census Tract: 728100

Zoning

  • Zoning: R-20

Geography

  • Account Number: 964
  • Parcel: HOLD M:98 B:22
  • Block: 22
  • Municipality: HOLDEN
  • Latitude: 42.3646
  • Longitude: -71.8941

    Address

  • Full Address: 31 Miles Ave
  • Address - House Number: 31
  • Address - Street Name: Miles
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Jefferson
  • Carrier Code: R002
  • 4-Digit Zip Code: 1127
  • Zip Code: 01522

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,800

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 442,024
  • High Value: 515,797
  • Low Value: 368,251

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $370,900
  • Assessed Land Value: $139,100
  • Assessed Improvements Value: $231,800

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127031
  • Previous Sale Recording Date: Jan 11, 2018
  • Previous Sale Amount: $239,900
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 73052062

Frequently Asked Questions

When was property at 31 Miles Avenue built and last sold?
The property at 31 Miles Avenue was built in 1952 and last sold on Nov 30, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 31 Miles Avenue is $370,643.
What are some comparable homes to 31 Miles Avenue?
There are currently no comparable homes to 31 Miles Avenue.
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