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Worcester 01540
4 Millbury Rd
$407,599
● House - Off Market

4 Millbury Rd

Oxford, MA 01540
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,489 Ft²
$437,950
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This unique home featuring a very open floor plan in the original portion of the home with a 3 bedroom 2.5 bath addition with an artist nook or office area in the upper level.  The master bedroom has a full bath and walk-in closet. Custom moldings and trim, granite countertops in the kitchen,  oversized windows and 1st floor laundry.   The original cape has been totally redone (prior to the current seller's ownership around 2013) when the septic, well, heating system and electrical were updated.   ... Large deck and fenced yard.  You will love the oversized 2 car garage!  Title V in hand!! Easy access to routes 395, 290, 146 and the Mass Pike.  Schedule your appointment now!!
Unit Size
2,489 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$167
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1942

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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: 5 months ago (MLSPIN #73016336)

Price History

Date / Event Date Event Price
Nov 1, 2022 Sold
Premium
Sold
Oct 4, 2022 In contract -
In contract
Sep 27, 2022 Price Decreased $415,000
↓ $10K (2.4%)
Price Decreased
Sep 27, 2022 Price Increased $425,000
↑ $10K (2.4%)
Price Increased
Sep 24, 2022 Relisted $415,000
Relisted
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,076
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,610
  • Total Building Area: 2,114
  • Gross Building Area: 5,148
  • Building Area: 2,114
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,114
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000565
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oxford School District
  • School Tax School District: OXFORD SD
  • Census Tract: 753100

Zoning

  • Zoning: R2

Geography

  • Account Number: 16B14
  • Parcel: OXFO M:16 B:B14
  • Block: B14
  • Municipality: OXFORD
  • Latitude: 42.1386
  • Longitude: -71.8605

    Address

  • Full Address: 4 Millbury Rd
  • Address - House Number: 4
  • Address - Street Name: Millbury
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 1312
  • Zip Code: 01540

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,300

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 525,876
  • High Value: 617,280
  • Low Value: 434,472

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,500
  • Assessed Land Value: $88,200
  • Assessed Improvements Value: $408,300

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118414
  • Previous Sale Recording Date: Dec 20, 2013
  • Previous Sale Amount: $275,000
  • 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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73016336

Frequently Asked Questions

When was property at 4 Millbury Road built and last sold?
The property at 4 Millbury Road was built in 1942 and last sold on Nov 1, 2022 for $407,599.
How much is this home worth?
The estimated value of the home located at 4 Millbury Road is $431,098.
What are some comparable homes to 4 Millbury Road?
There are currently no comparable homes to 4 Millbury Road.
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