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Worcester
51 Cape Road
$357,000
● House - Off Market

51 Cape Road

Mendon, MA 01756
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$479,271
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Beautiful two bedroom home (plus bonus/playroom/office room that could be additional bedroom) off dining room in a fantastic commuter location close to Rte. 495 and the Franklin commuter rail.  Freshly painted, BRAND new Weil-McLean furnace just installed, gorgeous hardwood floors throughout, replacement windows, handicap accessible entrance into mud room, newer kitchen and bathroom, pellet stove in living room.  Pull down attic for tons of storage, attached one car garage with replacement door.  Large private wooded lot over an acre!   Full basement with additional bonus room. Municipal water.  Title V in hand. Property is easy to show.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.99 acres
Price per sqft
$280
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1952

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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 #72678446)

Price History

Date / Event Date Event Price
Aug 4, 2020 Sold
Premium
Sold
Jun 22, 2020 Listed by CK Real Estate, LLC $349,900
Listed by CK Real Estate, LLC
Jul 9, 2003 Sold
Premium
Sold
May 22, 2003 Listed by CK Real Estate, LLC $259,900
Listed by CK Real Estate, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,907
  • Total Building Area: 1,248
  • Gross Building Area: 3,128
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000985
  • 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: 1812
  • Parcel: MEND M:19 B:114 P:051
  • Block: 114
  • Municipality: MENDON
  • Latitude: 42.0938
  • Longitude: -71.5011

    Address

  • Full Address: 51 Cape Rd
  • Address - House Number: 51
  • Address - Street Name: Cape
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Mendon
  • Carrier Code: R001
  • 4-Digit Zip Code: 1117
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $560,700

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 513,705
  • High Value: 603,207
  • Low Value: 424,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $409,000
  • Assessed Land Value: $139,400
  • Assessed Improvements Value: $269,600

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86152
  • Previous Sale Recording Date: Jul 09, 2003
  • Previous Sale Amount: $255,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72678446

Frequently Asked Questions

When was property at 51 Cape Road built and last sold?
The property at 51 Cape Road was built in 1952 and last sold on Jul 29, 2020 for $357,000.
How much is this home worth?
The estimated value of the home located at 51 Cape Road is $350,710.
What are some comparable homes to 51 Cape Road?
There are currently no comparable homes to 51 Cape Road.
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