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Worcester 01757
7 Morey Way
Photo of 7 Morey Way
Sold on Oct 24, 2011

1

Map

$279,900
● House - Off Market

7 Morey Way

Milford, MA 01757
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$647,617
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Move in Condition.  Young colonial located in North Milford subdivision.  Home sits on 1+ acre lot in an area of higher end homes. No changes to P&S.  All offers contingent on fully executed P&S.  Seller addendum to be signed within two calender days of receipt.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$168
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
2000

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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: 2 months ago (MLSPIN #71220991)

Price History

Date / Event Date Event Price
Oct 24, 2011 Sold
Premium
Sold
Apr 25, 2011 Listed by Innovative Real Estate Solutions LLC $284,900
Listed by Innovative Real Estate Solutions LLC
Jan 10, 2011 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,430
  • Total Building Area: 1,700
  • Gross Building Area: 2,948
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AFONSO HOMES RAVEN STREET
  • Land Acres: 0000001112
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Milford School District
  • School Tax School District: MILFORD SD
  • Census Tract: 744103

Zoning

  • Zoning: RC

Geography

  • Parcel: MILF M:13 B:137 L:15
  • Block: 137
  • Lot: 15
  • Municipality: MILFORD
  • Latitude: 42.174
  • Longitude: -71.5287

    Address

  • Full Address: 7 Morey Way
  • Address - House Number: 7
  • Address - Street Name: Morey
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Milford
  • Carrier Code: C017
  • 4-Digit Zip Code: 1196
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $772,300

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 605,223
  • High Value: 698,045
  • Low Value: 512,401

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,100
  • Assessed Land Value: $218,800
  • Assessed Improvements Value: $362,300

    Sales

  • Current Sale Recording Date: Oct 24, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 10, 2011
  • Previous Sale Amount: $253,343
  • Previous Sale Document Type: 34
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

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 2 months ago
Data Source: MLS PIN, MLS# 71220991

Frequently Asked Questions

When was property at 7 Morey Way built and last sold?
The property at 7 Morey Way was built in 2000 and last sold on Jan 1, 1970 for $279,900.
How much is this home worth?
The estimated value of the home located at 7 Morey Way is $298,285.
What are some comparable homes to 7 Morey Way?
There are currently no comparable homes to 7 Morey Way.
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