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Sturbridge 01566
112 Wallace
$250,000
● House - Off Market

112 Wallace

Sturbridge, MA 01566
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,846 Ft²
$410,208
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

This newly renovated home is breathtaking, inside and out! The first floor features a true master bedroom with completely updated full bath. Also on the first floor, find a half bathroom for guests, and laundry room. No more carrying laundry down to the basement! The kitchen is beautifully updated with granite counters, solid wood cabinets, new plumbing, and new appliances! The fireplace and over-sized bay window in the living room creates a cozy feel. Upstairs, you will find two more bedrooms, and another full bath. After you fall in love with this house, step into the back yard to see a huge stone patio with built-in outdoor fireplace, an in-ground pool and large storage shed. In addition to these amazing outdoor features, there's still plenty of open yard space for all of your summer gatherings!
Unit Size
1,846 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$140
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1950

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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 #72216292)

Price History

Date / Event Date Event Price
Nov 28, 2017 Sold
Premium
Sold
Aug 19, 2017 Listed by 1 Worcester Homes $258,600
Listed by 1 Worcester Homes
Jul 28, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by 1 Worcester Homes $154,900
Listed by 1 Worcester Homes
Dec 29, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 870
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 1,846
  • Gross Building Area: 3,510
  • Building Area: 1,846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,846
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 665-04311-112
  • District: 287
  • Parcel: STUR M:665 B:000 L:4311-112
  • Lot: 4311
  • Municipality: STURBRIDGE
  • Latitude: 42.0751
  • Longitude: -72.0645

    Address

  • Full Address: 112 Wallace Rd
  • Address - House Number: 112
  • Address - Street Name: Wallace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1426
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $571,700

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 441,704
  • High Value: 517,674
  • Low Value: 365,735

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $346,700
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $271,700

    Sales

  • Current Sale Recording Date: Nov 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 132652
  • Previous Sale Recording Date: Jul 28, 2016
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: O
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 Sturbridge

Stats & Trends

Median Asking:

$489,450

Sale Price/ft²

$255

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1776 ft²

Average Home Age

86.3 years

Currently For Sale

9 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# 72216292

Frequently Asked Questions

When was property at 112 Wallace Road built and last sold?
The property at 112 Wallace Road was built in 1950 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 112 Wallace Road is $270,870.
What are some comparable homes to 112 Wallace Road?
There are currently no comparable homes to 112 Wallace Road.
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