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Westborough 01581
4 Mill Rd
$242,000
● House - Off Market

4 Mill Rd

Westborough, MA 01581
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,374 Ft²
$744,924
RealtyHop Estimate
189.97%
Since Sep 1, 2000
National-US
Primary Model

About This Property

3 BEDROOM MULTI LEVEL ON BEAUTIFULLY LANDSCAPED LOT,FIRE- PLACED LR W/PEGGED BIRCH FLOORS AND DINING ROOM OFF, 1ST FLOOR FAMILY ROOM, 2 FULL BATHS (1 OFF MASTER), HW FLOORS, 2 FIREPLACES, ADD'L  FR IN BSMT,2 CAR GAR,VINYL SIDING,SEWER
Unit Size
1,374 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$187
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1959

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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 years ago (MLSPIN #30416529)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Oct 28, 2021 Listed $525,000
Listed
Aug 17, 2000 Sold
Premium
Sold
Jun 1, 2000 Listed $256,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,228
  • Gross Building Area: 2,927
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 742300

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0015 B:000015 L:0
  • Block: 15
  • Municipality: WESTBOROUGH
  • Latitude: 42.2618
  • Longitude: -71.6276

    Address

  • Full Address: 4 Mill Rd
  • Address - House Number: 4
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westborough
  • Carrier Code: R007
  • 4-Digit Zip Code: 2902
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $882,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 557,021
  • High Value: 656,675
  • Low Value: 457,367

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,700
  • Assessed Land Value: $309,000
  • Assessed Improvements Value: $228,700

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 170940
  • Previous Sale Recording Date: Aug 17, 2000
  • Previous Sale Amount: $242,000
  • Previous 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 Westborough

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$339

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1799 ft²

Average Home Age

118.3 years

Currently For Sale

12 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 years ago
Data Source: MLS PIN, MLS# 30416529

Frequently Asked Questions

When was property at 4 Mill Road built and last sold?
The property at 4 Mill Road was built in 1959 and last sold on Dec 6, 2021 for $540,000.
How much is this home worth?
The estimated value of the home located at 4 Mill Road is $0.
What are some comparable homes to 4 Mill Road?
There are currently no comparable homes to 4 Mill Road.
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