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Worcester 01475
365 Mellen Rd
Photo of 365 Mellen Rd
Sold on Nov 10, 2025

35

Map

Photo of 365 Mellen Rd
Photo of 365 Mellen Rd
$430,000
● House - Off Market

365 Mellen Rd

Winchendon, MA 01475
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,148 Ft²
$2,322
Est. Monthly

About This Property

Tucked away on over 2 private acres surrounded by woods, 365 Mellen Rd offers peace, privacy, and plenty of potential. This 3-bed, 1.5-bath Cape features 1,148 sqft of living space, a 2-car attached garage with a huge loft perfect for storage or a future ADU, and a big paved driveway with ample parking. Major updates give peace of mind including a 1-year-old roof, 2-year-old heating system, newer windows, and a brand-new water system with updated well parts. Inside you'll find a functional layout with an eat-in kitchen, cozy living room, and natural light throughout. The lot is a true retreat with room to roam, entertain, or simply enjoy the quiet setting. Move-in ready with strong mechanicals, this property is ideal for anyone looking to enjoy country living with space to grow.
Unit Size
1,148 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$348
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 11 months ago (MLSPIN #73440616)

Price History

Date / Event Date Event Price
Nov 10, 2025 Sold
Premium
Sold
Oct 14, 2025 In contract -
In contract
Oct 7, 2025 Listed by Panarelli Properties, Inc. $400,000
Listed by Panarelli Properties, Inc.
May 5, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 6
  • 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: 7
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,904
  • Total Building Area: 1,008
  • Gross Building Area: 3,258
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002018
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchendon School District
  • School Tax School District: WINCHENDON SD
  • Census Tract: 701101

Zoning

  • Zoning: R1

Geography

  • District: 343
  • Parcel: WINC M:13 B:0 L:210
  • Lot: 210
  • Municipality: WINCHENDON
  • Latitude: 42.6226
  • Longitude: -72.0296

    Address

  • Full Address: 365 Mellen Rd
  • Address - House Number: 365
  • Address - Street Name: Mellen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchendon
  • Carrier Code: R002
  • 4-Digit Zip Code: 2098
  • Zip Code: 01475

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $417,000

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 418,451
  • High Value: 491,958
  • Low Value: 344,943

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $332,500
  • Assessed Land Value: $52,600
  • Assessed Improvements Value: $279,900

    Sales

  • Current Sale Recording Date: May 05, 1994
  • Current Sale Price:
    Premium
  • Current 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 11 months ago
Data Source: MLS PIN, MLS# 73440616

Frequently Asked Questions

When was property at 365 Mellen Road built and last sold?
The property at 365 Mellen Road was built in 1991 and last sold on Jan 1, 1970 for $109,900.
How much is this home worth?
The estimated value of the home located at 365 Mellen Road is $400,665.
What are some comparable homes to 365 Mellen Road?
There are currently no comparable homes to 365 Mellen Road.
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