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Worcester
48 Colonial Drive
$459,900
● House - Off Market

48 Colonial Drive

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,600 Ft²
$1,132,687
RealtyHop Estimate
146.29%
Since Oct 1, 2002
National-US
Primary Model

About This Property

GORGEOUS GORGEOUS GIANT!!! ROOM TO GROW W/4BR+. SEPTIC IS ONLY FOR 4BR, BUT HOUSE HAS 5+. FULL THIRD FLOOR WALKUP IS OPEN STAIRCASE VISIBLE FROM FOYER, CROWN MOLDINGS, BUILT-IN BOOKCASE IN LIBRARY, 13X18 SUNROOM OVERLOOKS POOL & PATIO!!
Unit Size
3,600 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$128
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1990

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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 #30619023)

Price History

Date / Event Date Event Price
Apr 6, 2018 Sold
Premium
Sold
Sep 12, 2002 Sold
Premium
Sold
Jun 19, 2002 Listed by Noonan Real Estate $459,900
Listed by Noonan Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 3,297
  • Gross Building Area: 6,528
  • Building Area: 3,297
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,297
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001080
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: MENDON-UPTON SD
  • Census Tract: 746100

Zoning

  • Zoning: RES

Geography

  • Account Number: 2379
  • Parcel: MEND M:28 B:118 P:048
  • Block: 118
  • Municipality: MENDON
  • Latitude: 42.0679
  • Longitude: -71.5101

    Address

  • Full Address: 48 Colonial Dr
  • Address - House Number: 48
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Mendon
  • Carrier Code: R001
  • 4-Digit Zip Code: 1326
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,073,100

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 797,073
  • High Value: 924,356
  • Low Value: 669,790

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $782,700
  • Assessed Land Value: $168,500
  • Assessed Improvements Value: $614,200

    Sales

  • Current Sale Recording Date: Apr 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32119
  • Previous Sale Recording Date: Sep 12, 2002
  • Previous Sale Amount: $459,900
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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: 4 months ago
Data Source: MLS PIN, MLS# 30619023

Frequently Asked Questions

When was property at 48 Colonial Drive built and last sold?
The property at 48 Colonial Drive was built in 1990 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 48 Colonial Drive is $489,572.
What are some comparable homes to 48 Colonial Drive?
There are currently no comparable homes to 48 Colonial Drive.
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