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Worcester 01543
7 Milne Road
$438,000
● House - Off Market

7 Milne Road

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,903 Ft²
$848,716
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Great opportunity to own a Custom Built Colonial offering Privacy & Tranquility. Spacious open floor plan-great for entertaining. This 3903sqft home has everything you are looking for! Generous custom features that you would enjoy: Maple Cabinets w/Granite Countertops, Formal Liv/Din Rm, FamGame/Office Rms. 2 Pellet Stoves, Central A/C, home is wired w/InterCom System & Surround Sound. Each BDRM has their own Master Bath. Huge Master Suite gives you a luxury get-away. A 2 acre lot paradise.
Unit Size
3,903 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$112
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
2007

Payment Calculator

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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 #71493820)

Price History

Date / Event Date Event Price
Sep 30, 2013 Sold
Premium
Sold
Mar 14, 2013 Listed by Eastern Alliance Realty, LLC $435,900
Listed by Eastern Alliance Realty, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 3,775
  • Gross Building Area: 7,568
  • Building Area: 3,775
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,775
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DALE & ALEXIS BENANDER
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:64 B:A L:4.01
  • Block: A
  • Lot: 4.01
  • Municipality: RUTLAND
  • Latitude: 42.4083
  • Longitude: -71.9309

    Address

  • Full Address: 7 Milne Rd
  • Address - House Number: 7
  • Address - Street Name: Milne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rutland
  • Carrier Code: R005
  • 4-Digit Zip Code: 2030
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,038,100

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 853,048
  • High Value: 989,815
  • Low Value: 716,281

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,600
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $654,100

    Sales

  • Current Sale Recording Date: Sep 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118178
  • Previous Sale Recording Date: Sep 30, 2013
  • Previous Sale Amount: $438,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 6 months ago
Data Source: MLS PIN, MLS# 71493820

Frequently Asked Questions

When was property at 7 Milne Road built and last sold?
The property at 7 Milne Road was built in 2007 and last sold on Jan 1, 1970 for $438,000.
How much is this home worth?
The estimated value of the home located at 7 Milne Road is $475,448.
What are some comparable homes to 7 Milne Road?
There are currently no comparable homes to 7 Milne Road.
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