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Worcester 01566
1 Ladd Rd
$402,000
● House - Off Market

1 Ladd Rd

Sturbridge, MA 01566
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,924 Ft²
$406,291
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Welcome to your next home!!!!Beautiful split ranch with a one car garage, completely renovated. Renovations include new cabinets, windows, roofing, siding, flooring, plumbing,( tankless high efficiency boiler), electrical panel, quartz countertops, new appliances and much more...3 spacious bedrooms and 1 full bathroom...Open  concept...Nice fireplace in the living room.... Slider door in dinning room leads to a deck overlooking nice  private flat yard...Fully finished lower level for extra space. Long paved driveway with plenty of parking space. Vacant property easy to show. Open house  on 10/22/22 from 11am-12:30pm..Close to all major highways......Nothing to do just move in and enjoy
Unit Size
1,924 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$200
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1974

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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 #73027843)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Oct 21, 2022 In contract -
In contract
Oct 18, 2022 Price Decreased $385,000
↓ $10K (2.5%)
Price Decreased
Oct 8, 2022 Price Increased $395,000
↑ $100K (33.9%)
Price Increased
Oct 8, 2022 Relisted $295,000
Relisted
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 3
  • Basement Area: 806
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 1,086
  • Gross Building Area: 2,232
  • Building Area: 1,086
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sturbridge School District
  • Census Tract: 758103

Geography

  • Account Number: 375-01322-001
  • District: 287
  • Parcel: STUR M:375 B:000 L:1322-001
  • Lot: 1322-1
  • Municipality: STURBRIDGE
  • Latitude: 42.1513
  • Longitude: -72.0396

    Address

  • Full Address: 1 Ladd Rd
  • Address - House Number: 1
  • Address - Street Name: Ladd
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 1043
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 433,995
  • High Value: 509,278
  • Low Value: 358,712

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $354,400
  • Assessed Land Value: $83,900
  • Assessed Improvements Value: $270,500

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 121577
  • Previous Sale Recording Date: Nov 12, 2021
  • Previous Sale Contract Date: Nov 12, 2021
  • Previous Sale Amount: $334,000
  • Previous Sale Document Type: 34
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 73027843

Frequently Asked Questions

When was property at 1 Ladd Road built and last sold?
The property at 1 Ladd Road was built in 1974 and last sold on Nov 10, 2022 for $402,000.
How much is this home worth?
The estimated value of the home located at 1 Ladd Road is $394,134.
What are some comparable homes to 1 Ladd Road?
There are currently no comparable homes to 1 Ladd Road.
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