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Worcester
8 Hemlock Dr
$243,000
● House - Off Market

8 Hemlock Dr

Millbury, MA 01527
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,485 Ft²
$465,921
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Custom 6 Room Contemporary Ranch, 2 Bedrooms, 2 Baths, Lovely Hickory Kitchen Cabinets, Tile Floor, Quartz Countertops, Skylight, Cathedral Ceiling In Kitchen, Dining Room and Living Room, Floor to Ceiling Fireplace in Living Room, 6 Skylights, Walk-Out Family Room, Lower Level, Garage, Central Vac & Central Air, Roof  4Years Old, House Painted July, 2014, Private 3/4 Acre Lot, Gardens, Fish Pond.
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$168
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1985

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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: 5 months ago (MLSPIN #71727402)

Price History

Date / Event Date Event Price
Jan 7, 2015 Sold
Premium
Sold
Aug 11, 2014 Listed by Century 21 I & V Walsh R.E. $249,900
Listed by Century 21 I & V Walsh R.E.

Property Highlights

Air Conditioning
Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 35,558
  • Total Building Area: 1,352
  • Gross Building Area: 2,754
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROPERTY MILLBURY
  • Land Acres: 0000000816
  • 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: 737100

Geography

  • Parcel: MILB M:086 B:0000068 L:
  • Block: 68
  • Municipality: MILLBURY
  • Latitude: 42.1711
  • Longitude: -71.7767

    Address

  • Full Address: 8 Hemlock Dr
  • Address - House Number: 8
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millbury
  • Carrier Code: C002
  • 4-Digit Zip Code: 1806
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,300

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 472,890
  • High Value: 554,976
  • Low Value: 390,804

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,800
  • Assessed Land Value: $81,800
  • Assessed Improvements Value: $252,000

    Sales

  • Current Sale Recording Date: Jan 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1414
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:

$499,999

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2383 ft²

Average Home Age

65 years

Currently For Sale

2087 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: 5 months ago
Data Source: MLS PIN, MLS# 71727402

Frequently Asked Questions

When was property at 8 Hemlock Drive built and last sold?
The property at 8 Hemlock Drive was built in 1985 and last sold on Jan 1, 1970 for $243,000.
How much is this home worth?
The estimated value of the home located at 8 Hemlock Drive is $261,495.
What are some comparable homes to 8 Hemlock Drive?
There are currently no comparable homes to 8 Hemlock Drive.
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