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Worcester 01566
103 Shore Rd
$192,500
● House - Off Market

103 Shore Rd

Sturbridge, MA 01566
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,073 Ft²
$388,295
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

WOW Checkout the VIEWS from this awesome WATERFRONT HOME on Sturbridge's Cedar Pond!!! 3 season porch to enjoy Sunsets!! 2 Bedrooms and space to renovate in the basement for more! Excellent summer lake home or year round. House needs some TLC, but the bones are all there. Walk out onto your own private beach or use the dock to catch fish. Great for an investor looking to spruce the place up, or someone looking for a summer lake house.  Don't miss this one!!!
Unit Size
1,073 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$214
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1965

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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 #72041468)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
Jul 21, 2016 Listed by Keller Williams Realty Westborough $230,000
Listed by Keller Williams Realty Westborough

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 3
  • Basement Area: 1,073
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,305
  • Gross Building Area: 2,790
  • Building Area: 1,305
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,305
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sturbridge School District
  • Census Tract: 758104

Geography

  • Account Number: 578-21E33-103
  • District: 287
  • Parcel: STUR M:578 B:002 L:1E33-103
  • Block: 2
  • Lot: 1E33
  • Municipality: STURBRIDGE
  • Latitude: 42.1252
  • Longitude: -72.0858

    Address

  • Full Address: 103 Shore Rd
  • Address - House Number: 103
  • Address - Street Name: Shore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 1363
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $643,600

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 438,281
  • High Value: 527,691
  • Low Value: 348,871

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $390,300
  • Assessed Land Value: $189,600
  • Assessed Improvements Value: $200,700

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111731
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72041468

Frequently Asked Questions

When was property at 103 Shore Road built and last sold?
The property at 103 Shore Road was built in 1965 and last sold on Jan 1, 1970 for $192,500.
How much is this home worth?
The estimated value of the home located at 103 Shore Road is $233,711.
What are some comparable homes to 103 Shore Road?
There are currently no comparable homes to 103 Shore Road.
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