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Worcester
75 Old Chestnut Hill Rd
$170,000
● House - Off Market

75 Old Chestnut Hill Rd

Millville, MA 01529
bedrooms
1 Bed
bathrooms
1 Bath
square feet
768 Ft²
$229,806
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Come check out this adorable home on a GORGEOUS lot of land! Cozy 1 bedroom, 1 bathroom home situated on a half acre of land just waiting for your additional updates! Property features stand up shower and open living room area. Updates include new septic system completed in 2018, new liner, cement crown, flashing & water sealing on chimney (2018), new flooring in living room and bedroom (2018). Schedule your showings today - this market is hot and this one won't last! Property is sold as-is. Showings begin immediately.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$221
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1953

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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 #72708939)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by Millennium Realty $170,000
Listed by Millennium Realty
Dec 7, 2017 Sold
Premium
Sold
Aug 24, 2017 Listed by Millennium Realty $85,000
Listed by Millennium Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 384
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 768
  • Gross Building Area: 1,536
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Blackstone-Millville School District
  • Census Tract: 748100

Zoning

  • Zoning: ORD

Geography

  • Parcel: MILV M:0108 B:0012 L:0
  • Block: 12
  • Municipality: MILLVILLE
  • Latitude: 42.0548
  • Longitude: -71.5788

    Address

  • Full Address: 75 Old Chestnut Hill Rd
  • Address - House Number: 75
  • Address - Street Name: Old Chestnut Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millville
  • Carrier Code: R001
  • 4-Digit Zip Code: 1517
  • Zip Code: 01529

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $268,800

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 235,898
  • High Value: 282,959
  • Low Value: 188,837

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $203,300
  • Assessed Land Value: $60,700
  • Assessed Improvements Value: $142,600

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 114848
  • Previous Sale Recording Date: Dec 07, 2017
  • Previous Sale Amount: $84,800
  • 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

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72708939

Frequently Asked Questions

When was property at 75 Old Chestnut Hill Road built and last sold?
The property at 75 Old Chestnut Hill Road was built in 1953 and last sold on Sep 16, 2020 for $170,000.
How much is this home worth?
The estimated value of the home located at 75 Old Chestnut Hill Road is $171,688.
What are some comparable homes to 75 Old Chestnut Hill Road?
There are currently no comparable homes to 75 Old Chestnut Hill Road.
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