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Worcester
87 Park St
$625,000
● House - Off Market

87 Park St

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,017 Ft²
$883,308
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Beautiful colonial with front porch situated on a quiet country road located on a well landscaped 1.4-acre lot. Open and spacious interior, two-story foyer, eat-in kitchen with granite counters, center island and stainless steel appliances opens to the great room with fireplace. Other rooms and amenities include front to back living/dining room, first-floor office, hardwood flooring, crown molding, french doors, central AC. Spacious bedrooms on the second level including the master suite with a walk-in closet and master bath with shower stall and a soaking tub. Large finished lower level perfect recreation/family room and an additional room for an office or gym. Private backyard w/ stone walls, fish pond, fire pit/patio area, gazebo and steps away from the inground pool.
Unit Size
4,017 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$156
Property Type
House
Property Taxes
$715
HOA Dues
-
Year Built
2003

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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: 4 months ago (MLSPIN #72626225)

Price History

Date / Event Date Event Price
May 27, 2020 Sold
Premium
Sold
Mar 1, 2020 Listed by Property Services Network $625,000
Listed by Property Services Network
Dec 3, 2019 No longer available -
No longer available
Sep 25, 2019 Price Decreased $665,000
↓ $15K (2.2%)
Price Decreased
Aug 16, 2019 Price Decreased $680,000
↓ $15K (2.2%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 2,937
  • Gross Building Area: 5,194
  • Building Area: 2,937
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,937
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BENJAMIN J & HELEN L CHALEKI
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: MENDON-UPTON SD
  • Census Tract: 746100

Zoning

  • Zoning: RES

Geography

  • Account Number: 1882
  • Parcel: MEND M:20 B:202 P:087
  • Block: 202
  • Municipality: MENDON
  • Latitude: 42.082
  • Longitude: -71.5886

    Address

  • Full Address: 87 Park St
  • Address - House Number: 87
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mendon
  • Carrier Code: R002
  • 4-Digit Zip Code: 1214
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,018,400

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 812,176
  • High Value: 941,696
  • Low Value: 682,656

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,800
  • Assessed Land Value: $158,500
  • Assessed Improvements Value: $584,300

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53778
  • Previous Sale Recording Date: May 21, 2004
  • Previous Sale Amount: $538,000
  • 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# 72626225

Frequently Asked Questions

When was property at 87 Park Street built and last sold?
The property at 87 Park Street was built in 2003 and last sold on May 19, 2020 for $625,000.
How much is this home worth?
The estimated value of the home located at 87 Park Street is $653,916.
What are some comparable homes to 87 Park Street?
There are currently no comparable homes to 87 Park Street.
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