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Worcester
lot 93 Northbridge Rd.
$691,198
● House - Off Market

lot 93 Northbridge Rd.

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,928 Ft²
$889,337
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Located in the fabulous Miscoe Springs Neighborhood. Address is Northbridge Rd but driveway is off Locust Hill Dr. Near the Upton, Northbridge Town lines centrally located to all schools. This updated design features 2 story foyer, hardwood ,tile and 9 ft ceilings on first floor, gas fireplaced family room, quartz or granite counters and so much more. Anticipated delivery date is early November. While under construction upgrades will be added that will cause price to be adjusted accordingly. Please verify current status. See "Documents" for a list of upgrades as of 7/20/20
Unit Size
2,928 Ft²
Days on Market
-
Land Size
2.52 acres
Price per sqft
$231
Property Type
House
Property Taxes
$8,333,333
HOA Dues
-
Year Built
2020

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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 #72631491)

Price History

Date / Event Date Event Price
Dec 3, 2020 Sold
Premium
Sold
Mar 11, 2020 Listed by Mendon Area Real Estate $676,900
Listed by Mendon Area Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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
  • 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: 109,685
  • Total Building Area: 2,723
  • Building Area: 2,723
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,723
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002518
  • 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: 3507
  • Parcel: MEND M:04 B:190 P:093
  • Block: 190
  • Municipality: MENDON
  • Latitude: 42.1196
  • Longitude: -71.5873

    Address

  • Full Address: 93 Northbridge Rd
  • Address - House Number: 93
  • Address - Street Name: Northbridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Mendon
  • Carrier Code: R002
  • 4-Digit Zip Code: 1025
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,010,000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 797,617
  • High Value: 930,824
  • Low Value: 664,411

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $736,700
  • Assessed Land Value: $162,700
  • Assessed Improvements Value: $574,000

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148773
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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2399 ft²

Average Home Age

63.4 years

Currently For Sale

1985 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: 4 months ago
Data Source: MLS PIN, MLS# 72631491

Frequently Asked Questions

When was property at 93 Northbridge Road built and last sold?
The property at 93 Northbridge Road was built in 2020 and last sold on Dec 2, 2020 for $691,198.
How much is this home worth?
The estimated value of the home located at 93 Northbridge Road is $690,776.
What are some comparable homes to 93 Northbridge Road?
There are currently no comparable homes to 93 Northbridge Road.
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