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Worcester
48 Mill Rd
$185,000
● House - Off Market

48 Mill Rd

Dudley, MA 01571
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$314,784
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

**FIRST TIME OFFERED!!**........ Well Maintained & Roomy 3 Bedroom Ranch with Large Private Backyard on Country Road!...........Ready for New Owners!! ...Fresh Paint & Hardwood Floors!  Basement is Complete with Sheetrock and Heat .>>>>>  Ready to be Finished for that Extra Room  *~*  Play Room ~ Man Cave ~ Extra Storage.... Perfect for the First time Buyer(s) or if Your Ready to Down Size!  Extra Storage in Backyard Shed..... Quick Sale Possible!  BONUS >>> If You Like to Walk, there is a Convenient Nature/Walking Trail only Steps Away >>>> "Quinebaug River Valley Trail"........  Call Today ~ Don't Delay!!!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$188
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1968

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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 #72103760)

Price History

Date / Event Date Event Price
Feb 24, 2017 Sold
Premium
Sold
Dec 28, 2016 Listed by Hope Real Estate Group, Inc. $189,000
Listed by Hope Real Estate Group, Inc.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 0
  • Building Style: 11
  • 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: 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: 26,400
  • Total Building Area: 1,008
  • Gross Building Area: 2,016
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000606
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755202

Geography

  • Parcel: DUDL M:233 L:050
  • Lot: 50
  • Municipality: DUDLEY
  • Latitude: 42.0295
  • Longitude: -71.9569

    Address

  • Full Address: 48 Mill Rd
  • Address - House Number: 48
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dudley
  • Carrier Code: R002
  • 4-Digit Zip Code: 6307
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $278,500

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 322,015
  • High Value: 386,409
  • Low Value: 257,620

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $265,700
  • Assessed Land Value: $78,400
  • Assessed Improvements Value: $187,300

    Sales

  • Current Sale Recording Date: Feb 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19831
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 72103760

Frequently Asked Questions

When was property at 48 Mill Road built and last sold?
The property at 48 Mill Road was built in 1968 and last sold on Jan 1, 1970 for $185,000.
How much is this home worth?
The estimated value of the home located at 48 Mill Road is $196,082.
What are some comparable homes to 48 Mill Road?
There are currently no comparable homes to 48 Mill Road.
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