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Middlesex 01463
57 Mill
$400,000
● House - Off Market

57 Mill

Pepperell, MA 01463
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,126 Ft²
$428,395
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This 4 bedroom turn of the century colonial captures the charm of an era gone by but still attainable with this home.  Large spacious bedrooms located on the second floor. Full bath up and down. Hardwood floors throughout. Large wrap around porch and level 1/2 acre lot with two bay garage for your enjoyment. Walk up full attic. Forced hot water by oil. Natural gas available at street. In ground pool, covered and not in use for several years. Pool condition/function unknown. Period kitchen and baths. Not updated. Property in need of some interior/exterior refreshing to bring it back to its original splendor. Being sold "As Is". Appointment required. All showings must be accompanied.
Unit Size
2,126 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$193
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1920

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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 #72960982)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Jan 23, 2023 In contract -
In contract
Dec 23, 2022 Price Decreased $410,000
↓ $40K (8.9%)
Price Decreased
Nov 11, 2022 Price Increased $450,000
↑ $40K (9.8%)
Price Increased
Apr 1, 2022 Listed by CW Lorden Real Estate $410,000
Listed by CW Lorden Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 1,058
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,407
  • Total Building Area: 2,126
  • Gross Building Area: 4,071
  • Building Area: 2,126
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000514
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327101

Zoning

  • Zoning: RCR

Geography

  • Parcel: PEPP M:0025 B:0012 L:00000
  • Block: 12
  • Municipality: PEPPERELL
  • Latitude: 42.6745
  • Longitude: -71.5764

    Address

  • Full Address: 57 Mill St
  • Address - House Number: 57
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R001
  • 4-Digit Zip Code: 1424
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 471,122
  • High Value: 548,918
  • Low Value: 393,326

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $418,200
  • Assessed Land Value: $119,200
  • Assessed Improvements Value: $299,000

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17161
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 Middlesex

Stats & Trends

Median Asking:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72960982

Frequently Asked Questions

When was property at 57 Mill Street built and last sold?
The property at 57 Mill Street was built in 1920 and last sold on Feb 17, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 57 Mill Street is $440,749.
What are some comparable homes to 57 Mill Street?
There are currently no comparable homes to 57 Mill Street.
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