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Worcester 01747
87 Mill St
$397,000
● House - Off Market

87 Mill St

Hopedale, MA 01747
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$422,251
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

This is a great opportunity for one level living with this classic brick ranch.  Beautiful level lot with many plantings from the sellers love of gardening.  This is a well cared for home with a low maintenance brick exterior.  Much of the hard work is done with a young roof, high end replacement windows & exterior doors.   The interior boasts hardwood floors in the living areas and the 4 bedrooms. Two full baths.  The lower level has a full "summer kitchen" that would make a great playroom/rec room or space to work from home. Bring your creativity and imagination to make the cosmetic upgrades to make this home shine!  The floor plan works well for one level single family living or multi generational or shared housing.  Double driveways provide amble parking.  Great location on this scenic road near the golf course.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$169
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72801550)

Price History

Date / Event Date Event Price
May 7, 2021 Sold
Premium
Sold
Mar 21, 2021 Listed by Keller Williams Realty Premier Properties $355,000
Listed by Keller Williams Realty Premier Properties
Aug 26, 1983 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 1,680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 2,100
  • Gross Building Area: 3,360
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hopedale School District
  • School Tax School District: HOPEDALE SD
  • Census Tract: 745100

Zoning

  • Zoning: RB

Geography

  • Parcel: HOPE M:0018 B:0011 L:0
  • Block: 11
  • Municipality: HOPEDALE
  • Latitude: 42.1154
  • Longitude: -71.5273

    Address

  • Full Address: 87 Mill St
  • Address - House Number: 87
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hopedale
  • Carrier Code: C004
  • 4-Digit Zip Code: 2101
  • Zip Code: 01747

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $675,000

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 485,269
  • High Value: 568,590
  • Low Value: 401,948

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $406,600
  • Assessed Land Value: $154,100
  • Assessed Improvements Value: $252,500

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63718
  • Previous Sale Recording Date: Aug 26, 1983
  • Previous Sale Amount: $84,600
  • 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:

$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: 5 years ago
Data Source: MLS PIN, MLS# 72801550

Frequently Asked Questions

When was property at 87 Mill Street built and last sold?
The property at 87 Mill Street was built in 1954 and last sold on May 7, 2021 for $397,000.
How much is this home worth?
The estimated value of the home located at 87 Mill Street is $372,016.
What are some comparable homes to 87 Mill Street?
There are currently no comparable homes to 87 Mill Street.
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