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Worcester 01602 West Tatnuck
569 Mill Street
$493,000
● House - Off Market

569 Mill Street

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,133 Ft²
$489,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Enjoy nature and the conveniences of city amenities, all at once.  This beautifull home features 4 bedrooms, including an inlaw or guest unit with its own kitchen, bath and independent access.  Main level features open concept living room with hardwood floors, box windows and cozy fire place; ample kitchen space, which leads you to the enclosed porch and from there to your private yard.  Three conveniently appointed bed rooms and full bath complete the main level.  The finished lower level counts with another full bath, laundry room and a separate area for an office, play room, gym or extra storage.Outside, enjoy viewing the Tatnuck brook and the ocacional visit from birds, docks and turtles.  Ideal for the family barbeque.
Unit Size
2,133 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$229
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1923

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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 #73167778)

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold
Premium
Sold
Oct 12, 2023 In contract -
In contract
Oct 5, 2023 Listed by New England Home Realty $489,000
Listed by New England Home Realty
May 31, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by New England Home Realty $399,000
Listed by New England Home Realty
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • 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: 2
  • Basement Area: 928
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,660
  • Total Building Area: 1,384
  • Gross Building Area: 4,529
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,384
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730700

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 40-008-00003
  • Parcel: WORC M:40 B:008 L:00003
  • Block: 8
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2747
  • Longitude: -71.8548

    Address

  • Full Address: 569 Mill St
  • Address - House Number: 569
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2447
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $586,800

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 513,486
  • High Value: 557,629
  • Low Value: 469,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,200
  • Assessed Land Value: $103,500
  • Assessed Improvements Value: $305,700

    Sales

  • Current Sale Contract Date: Nov 20, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97359
  • Previous Sale Recording Date: May 31, 2022
  • Previous Sale Contract Date: May 31, 2022
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 West Tatnuck

Stats & Trends

Median Asking:

$475,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2090 ft²

Average Home Age

42 years

Currently For Sale

20 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# 73167778

Frequently Asked Questions

When was property at 569 Mill Street built and last sold?
The property at 569 Mill Street was built in 1923 and last sold on Nov 20, 2023 for $493,000.
How much is this home worth?
The estimated value of the home located at 569 Mill Street is $492,542.
What are some comparable homes to 569 Mill Street?
There are currently no comparable homes to 569 Mill Street.
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