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Worcester
312 Mirick Road
$600,000
● House - Off Market

312 Mirick Road

Princeton, MA 01541
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,934 Ft²
$649,900
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This is SUCH a sweet home on your favorite road in Princeton! 312 Mirick Road was thoughtfully designed by its longtime owners, who lived in this Saltbox Gambrel since it was built in 1961. Three bedrooms, 2 1/2 Bathrooms, lots of custom carpentry and hardwood and parquet flooring. Comfy Living Room with wood burning fireplace and a full wall of built-in bookshelves, perfect for hosting your personal library. Double doors to the outdoors from the Living Room and first floor den invite expansion for future screen room. This home is set almost 200' back from the road on 7.7 acres, with a detached garage and garden shed. Generac automatic generator. Brand new septic system in the process of being installed.
Unit Size
1,934 Ft²
Days on Market
-
Land Size
7.77 acres
Price per sqft
$333
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1961

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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 #73070260)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Apr 5, 2023 In contract -
In contract
Jan 12, 2023 Listed by Keller Williams Realty North Central $644,900
Listed by Keller Williams Realty North Central
Dec 22, 2022 Sold
Premium
Sold
Nov 16, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 910
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,154,340
  • Total Building Area: 1,934
  • Gross Building Area: 2,904
  • Building Area: 1,934
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,934
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000026500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 720100

Zoning

  • Zoning: RA

Geography

  • Account Number: 2410040001100000
  • Parcel: PRIN M:0040 B:0011 L:00000
  • Block: 11
  • Municipality: PRINCETON
  • Latitude: 42.4956
  • Longitude: -71.8664

    Address

  • Full Address: 312 Mirick Rd
  • Address - House Number: 312
  • Address - Street Name: Mirick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Princeton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1127
  • Zip Code: 01541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $765,200

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 660,975
  • High Value: 770,004
  • Low Value: 551,946

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,400
  • Assessed Land Value: $212,800
  • Assessed Improvements Value: $292,600

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36487
  • Previous Sale Recording Date: Dec 22, 2022
  • Previous Sale Contract Date: Dec 22, 2022
  • Previous Sale Amount: $700,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 73070260

Frequently Asked Questions

When was property at 312 Mirick Road built and last sold?
The property at 312 Mirick Road was built in 1961 and last sold on May 12, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 312 Mirick Road is $648,512.
What are some comparable homes to 312 Mirick Road?
There are currently no comparable homes to 312 Mirick Road.
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