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Worcester
8 Ackerman Rd
$220,000
● House - Off Market

8 Ackerman Rd

Millbury, MA 01527
bedrooms
2 Beds
bathrooms
1 Bath
square feet
888 Ft²
$314,756
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Looking for a great home in an even better commuter location?  Look no further!  Centrally located to the Mass Pike, Rt 20, shopping, restaurants and schools.  This home has 2 bedrooms, 1 bathroom and an open concept dining and living room!  Nice, private yard right off the good size back deck.  This home is perfect for anyone looking to downsize OR as a great starter home!  Home has been well maintained, nice hardwoods throughout, fresh paint an a fully fenced in backyard.  Come see just what this home has to offer this weekend at our double open houses Saturday and Sunday!  Home is easy to show!
Unit Size
888 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$242
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1938

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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 #72563369)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Sep 11, 2019 Listed by Castinetti Realty Group $214,900
Listed by Castinetti Realty Group
Mar 31, 2006 Sold
Premium
Sold
Jan 12, 2006 Listed by Castinetti Realty Group $239,900
Listed by Castinetti Realty Group
Sep 27, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 5,200
  • Total Building Area: 872
  • Gross Building Area: 2,120
  • Building Area: 872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 872
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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:006 B:0000173 L:
  • Block: 173
  • Municipality: MILLBURY
  • Latitude: 42.2314
  • Longitude: -71.7412

    Address

  • Full Address: 8 Ackerman Rd
  • Address - House Number: 8
  • Address - Street Name: Ackerman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millbury
  • Carrier Code: C003
  • 4-Digit Zip Code: 4304
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $304,000

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 300,917
  • High Value: 359,313
  • Low Value: 242,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,400
  • Assessed Land Value: $63,200
  • Assessed Improvements Value: $147,200

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115982
  • Previous Sale Recording Date: Mar 31, 2006
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 27
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# 72563369

Frequently Asked Questions

When was property at 8 Ackerman Road built and last sold?
The property at 8 Ackerman Road was built in 1938 and last sold on Oct 21, 2019 for $220,000.
How much is this home worth?
The estimated value of the home located at 8 Ackerman Road is $220,920.
What are some comparable homes to 8 Ackerman Road?
There are currently no comparable homes to 8 Ackerman Road.
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