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Worcester
6 Teresa Drive
$400,000
● House - Off Market

6 Teresa Drive

Mendon, MA 01756
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,848 Ft²
$506,924
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Wonderful neighborhood home with fenced yard, swimming pool, central air AND a 2 car garage! 3 bedrooms (possibly a future  4th in lower level) with 1.5 baths. Great storage space. State of the art Tesla solar panels provide an excellent resource for electricity. Showings available at Open Houses on Friday 8/21 from 4-7pm and Saturday 10-2pm.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$203
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1973

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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 #72709820)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Aug 14, 2020 Listed by Keller Williams Realty $375,000
Listed by Keller Williams Realty
May 20, 2016 Sold
Premium
Sold
Jul 23, 2015 Listed by Keller Williams Realty $345,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1977
  • 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: 6
  • Building Style: 19
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,619
  • Total Building Area: 1,848
  • Gross Building Area: 2,510
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000749
  • 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: 1753
  • Parcel: MEND M:18 B:226 P:006
  • Block: 226
  • Municipality: MENDON
  • Latitude: 42.0907
  • Longitude: -71.5086

    Address

  • Full Address: 6 Teresa Dr
  • Address - House Number: 6
  • Address - Street Name: Teresa
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Mendon
  • Carrier Code: R001
  • 4-Digit Zip Code: 1176
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $624,200

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 545,211
  • High Value: 636,237
  • Low Value: 454,186

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,300
  • Assessed Land Value: $149,800
  • Assessed Improvements Value: $305,500

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 114340
  • Previous Sale Recording Date: May 20, 2016
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: O
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# 72709820

Frequently Asked Questions

When was property at 6 Teresa Drive built and last sold?
The property at 6 Teresa Drive was built in 1973 and last sold on Sep 21, 2020 for $400,000.
How much is this home worth?
The estimated value of the home located at 6 Teresa Drive is $386,947.
What are some comparable homes to 6 Teresa Drive?
There are currently no comparable homes to 6 Teresa Drive.
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