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Worcester
76 Macarthur Drive
Photo of 76 Macarthur Drive
Sold on May 28, 2009

1

Map

$257,000
● House - Off Market

76 Macarthur Drive

Millbury, MA 01527
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,421 Ft²
$580,484
RealtyHop Estimate
107.39%
Since Jun 1, 2009
National-US
Primary Model

About This Property

**Price Reduction !! **SUPERIOR WATERFRONT PROPERTY ! ! Charming Sun Drenched Cottage being sold as part of Estate. Vacant & Ready for Quick Closing !! Perfect Sun/Sunset Location w/ Level Back Yard & 70' of Outstanding Direct Beach Waterfront.Move right in...Soft Neutral Decor, Huge Master Bedroom, New Roof, New Flooring in Kitchen, DR, LR & Sunroom,Fresh Paint...Town Sewer ! All Appliances including Washer/Dryer are included!Walk-out Basement w/ Convenient Sink & Counter for Summer Gatherings
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$197
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1950

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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 #70838787)

Price History

Date / Event Date Event Price
May 29, 2009 Sold
Premium
Sold
Oct 24, 2008 Listed $279,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,250
  • Total Building Area: 1,199
  • Gross Building Area: 2,732
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millbury School District
  • School Tax School District: MILLBURY SD
  • Census Tract: 737300

Geography

  • Parcel: MILB M:023 B:0000159 L:
  • Block: 159
  • Municipality: MILLBURY
  • Latitude: 42.2146
  • Longitude: -71.7469

    Address

  • Full Address: 76 Macarthur Dr
  • Address - House Number: 76
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millbury
  • Carrier Code: C004
  • 4-Digit Zip Code: 3547
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531,000

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 482,228
  • High Value: 570,171
  • Low Value: 394,285

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,470
  • Assessed Land Value: $157,470
  • Assessed Improvements Value: $210,000

    Sales

  • Current Sale Recording Date: May 29, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00059489
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

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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# 70838787

Frequently Asked Questions

When was property at 76 Macarthur Drive built and last sold?
The property at 76 Macarthur Drive was built in 1950 and last sold on Jan 1, 1970 for $257,000.
How much is this home worth?
The estimated value of the home located at 76 Macarthur Drive is $287,621.
What are some comparable homes to 76 Macarthur Drive?
There are currently no comparable homes to 76 Macarthur Drive.
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