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Worcester
490 Chestnut Hill Rd
$300,000
● House - Off Market

490 Chestnut Hill Rd

Millville, MA 01529
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,767 Ft²
$613,818
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Definitely feels like you're in the country. If you want privacy and the and the potential for horses, 3 Acres of land creates so much opportunity. Foundation poured for garage/barn open floor plan features step down family with brick fireplace and a warm country feeling.  Step up to dining room featuring access to 40' deck overlooking back yard and pool.  This home has also to offer. Fully applianced Inlaw suite/teen suite are just a bonus.  Loft area overlooks family room,more Motivated Selle
Unit Size
2,767 Ft²
Days on Market
-
Land Size
3.10 acres
Price per sqft
$116
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1985

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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: 6 months ago (MLSPIN #70570267)

Price History

Date / Event Date Event Price
Aug 13, 2008 Sold
Premium
Sold
May 2, 2007 Listed by ERA Key Realty Services $319,900
Listed by ERA Key Realty Services
Jan 26, 2001 Sold
Premium
Sold

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,168
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,036
  • Total Building Area: 1,834
  • Gross Building Area: 3,896
  • Building Area: 1,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,834
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Blackstone-Millville School District
  • Census Tract: 748100

Zoning

  • Zoning: ORD

Geography

  • Parcel: MILV M:0105 B:0028 L:1
  • Block: 28
  • Lot: 1
  • Municipality: MILLVILLE
  • Latitude: 42.0577
  • Longitude: -71.5762

    Address

  • Full Address: 490 Chestnut Hill Rd
  • Address - House Number: 490
  • Address - Street Name: Chestnut Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millville
  • Carrier Code: R001
  • 4-Digit Zip Code: 1507
  • Zip Code: 01529

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,500

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 549,191
  • High Value: 643,495
  • Low Value: 454,886

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,200
  • Assessed Land Value: $83,600
  • Assessed Improvements Value: $395,600

    Sales

  • Current Sale Recording Date: Aug 13, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00091545
  • Previous Sale Recording Date: Jan 26, 2001
  • Previous Sale Amount: $256,250
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 70570267

Frequently Asked Questions

When was property at 490 Chestnut Hill Road built and last sold?
The property at 490 Chestnut Hill Road was built in 1985 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 490 Chestnut Hill Road is $343,224.
What are some comparable homes to 490 Chestnut Hill Road?
There are currently no comparable homes to 490 Chestnut Hill Road.
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