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Worcester 01602 Webster Square
342 Mill St
$285,000
● House - Off Market

342 Mill St

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,125 Ft²
$369,692
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Beautifully updated and ready to move in cape on West Side. Large living room with fireplace and wood stove insert, beautiful hardwood floors, fresh paint, ceramic tile kitchen with new granite counters, tile back splash, new sink and stainless steel appliances, complete new bath, new vinyl siding, new gas heating system, new water heater, updated electrical, recent roof, new storm door, finished area in basement with bar area, detached garage with electric opener, fenced yard great for entertaining with patio, and custom firepit. Showings begin on Friday June 26. OPEN HOUSE SUNDAY JUNE 28 11AM-1PM! Offers due Monday 06/29 - 12PM.
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$240
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1930

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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 #72679114)

Price History

Date / Event Date Event Price
Aug 5, 2020 Sold
Premium
Sold
Jun 23, 2020 Listed by Allied Realty Advisors $269,900
Listed by Allied Realty Advisors
Jun 12, 2018 Sold
Premium
Sold
Apr 19, 2018 Listed by Allied Realty Advisors $215,000
Listed by Allied Realty Advisors
Apr 28, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 921
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,125
  • Gross Building Area: 2,742
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 51-003-00004
  • Parcel: WORC M:51 B:003 L:00004
  • Block: 3
  • Lot: 4
  • Municipality: WORCESTER
  • Latitude: 42.259
  • Longitude: -71.8489

    Address

  • Full Address: 342 Mill St
  • Address - House Number: 342
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 3124
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418,400

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 378,228
  • High Value: 450,725
  • Low Value: 305,732

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,800
  • Assessed Land Value: $84,900
  • Assessed Improvements Value: $206,900

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86534
  • Previous Sale Recording Date: Jun 12, 2018
  • Previous Sale Amount: $219,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2345 ft²

Average Home Age

93.4 years

Currently For Sale

25 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: 4 months ago
Data Source: MLS PIN, MLS# 72679114

Frequently Asked Questions

When was property at 342 Mill Street built and last sold?
The property at 342 Mill Street was built in 1930 and last sold on Jul 27, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 342 Mill Street is $274,090.
What are some comparable homes to 342 Mill Street?
There are currently no comparable homes to 342 Mill Street.
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