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Worcester
1 Belmont Dr
$303,500
● House - Off Market

1 Belmont Dr

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,054 Ft²
$439,253
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Adorable 3 bed, 2 bath ranch perfectly situated on LARGE corner lot in Sterling awaits new owners! Walk in to the bright and sunny living room featuring fireplace with pellet stove insert and HW flooring. Dining room with HW floors and chandelier is open to the kitchen. Three bedrooms with ample closet space and a full bath with linen closet complete the main level. Basement Is unfinished with tons of potential to be finished and includes a full bath. In ground pool with pool house – perfect for entertaining guests in the summer! Close to shopping, trails, highway access and more! Professional landscape, back up generator and 2 bay carport complete this package. Seller will have new septic system installed. See it soon!
Unit Size
1,054 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$285
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1967

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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 #72523687)

Price History

Date / Event Date Event Price
Oct 11, 2019 Sold
Premium
Sold
Jun 14, 2019 Listed by Lamacchia Realty, Inc. $299,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 43,560
  • Total Building Area: 1,054
  • Gross Building Area: 3,138
  • Building Area: 1,054
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,054
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 719100

Geography

  • District: 282
  • Parcel: STER M:00114 L:00044
  • Lot: 44
  • Municipality: STERLING
  • Latitude: 42.4277
  • Longitude: -71.7641

    Address

  • Full Address: 1 Belmont Dr
  • Address - House Number: 1
  • Address - Street Name: Belmont
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 1414
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $520,200

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 465,026
  • High Value: 548,710
  • Low Value: 381,342

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $390,800
  • Assessed Land Value: $129,400
  • Assessed Improvements Value: $261,400

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 107417
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

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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# 72523687

Frequently Asked Questions

When was property at 1 Belmont Drive built and last sold?
The property at 1 Belmont Drive was built in 1967 and last sold on Sep 30, 2019 for $303,500.
How much is this home worth?
The estimated value of the home located at 1 Belmont Drive is $303,316.
What are some comparable homes to 1 Belmont Drive?
There are currently no comparable homes to 1 Belmont Drive.
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