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Worcester
40 Mile
$426,000
● House - Off Market

40 Mile

Hubbardston, MA 01452
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,000 Ft²
$432,657
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

NEED AN INLAW OR EXTRA LIVING QUARTERS, THIS PROPERTY ABUTS ACREAGE OF CONSERVATION LAND,CLOSE TO RAIL TRAILS, ALMOST 4 ACRES OF LAND HAS A NEWER BARN, 2 PLUS STALLS ADDITIONAL STORAGE FOR HAY ETC. RUNNING WATER AND ELECTRICITY. OUTDOOR WOOD BOILER OR USE OIL HEATING.TREE HOUSE, INLAW HAS OWN PRIVATE ENTRANCE, OVERSIZED 2 CAR HEATED GARAGE & WORKSHOP,GENERATOR HOOKUP, ADDITIIONAL SHED FOR STORAGE. BOTH LIVING QUARTERS OFFERS OPEN CONCEPT KITCHEN,DINING, LIVING ROOM. MAIN HOUSE HAS FIREPLACE, SLIDERS TO OVERSIZED DECK OVERLOOKING BEAUTILUL FOLIAGE, PARTIALLY FINISHED WALKOUT BASEMENT GREAT SPACE FOR ENTERTAINING ,A NATURE LOVERS DREAM.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
3.86 acres
Price per sqft
$133
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1996

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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 #72916987)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Nov 18, 2021 Listed by Golden Key Realty, LLC $399,999
Listed by Golden Key Realty, LLC
Aug 24, 2018 Sold
Premium
Sold
Jun 20, 2018 Listed by Golden Key Realty, LLC $297,500
Listed by Golden Key Realty, LLC
May 24, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 167,991
  • Total Building Area: 2,154
  • Gross Building Area: 4,720
  • Building Area: 2,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,154
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003857
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 706100

Geography

  • Parcel: HUBB M:0001 L:0157
  • Lot: 157
  • Municipality: HUBBARDSTON
  • Latitude: 42.488
  • Longitude: -72.0903

    Address

  • Full Address: 40 Mile Rd
  • Address - House Number: 40
  • Address - Street Name: Mile
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hubbardston
  • Carrier Code: R003
  • 4-Digit Zip Code: 1360
  • Zip Code: 01452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,300

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 497,699
  • High Value: 578,532
  • Low Value: 416,866

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,900
  • Assessed Land Value: $45,300
  • Assessed Improvements Value: $312,600

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5748
  • Previous Sale Recording Date: Aug 24, 2018
  • Previous Sale Amount: $295,000
  • 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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2384 ft²

Average Home Age

64.6 years

Currently For Sale

2076 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: 5 months ago
Data Source: MLS PIN, MLS# 72916987

Frequently Asked Questions

When was property at 40 Mile Road built and last sold?
The property at 40 Mile Road was built in 1996 and last sold on Jan 14, 2022 for $426,000.
How much is this home worth?
The estimated value of the home located at 40 Mile Road is $429,183.
What are some comparable homes to 40 Mile Road?
There are currently no comparable homes to 40 Mile Road.
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