For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Worcester
116 Worcester Rd
$345,000
● House - Off Market

116 Worcester Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,272 Ft²
$382,654
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This spacious ranch offers a large fireplaced living room has gleaming hardwood floors and a bright picture window.  The inviting sunroom off the living room provides a tranquil retreat from the busy household bustle.  The formal dining room has pocket doors that open to the living room for great entertaining.  The kitchen has a great island for dinner prep and a small breakfast nook for quick meals.  Three bedrooms and a full bath complete the first floor.  The lower level has a great family room, home office, and a full bath.  Freshly painted, replacement windows, new furnace and roof in last 3 years. The lot has a great flat backyard for great gatherings and is surrounded by beautiful conservation land that abuts the property.
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$267
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1954

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #72874583)

Price History

Date / Event Date Event Price
Oct 12, 2021 Sold
Premium
Sold
Aug 1, 2021 Listed by Fathom Realty MA $340,000
Listed by Fathom Realty MA
Apr 30, 1991 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • 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: 2
  • 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: 10,000
  • Total Building Area: 1,271
  • Gross Building Area: 2,583
  • Building Area: 1,271
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,271
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:00126 L:00006
  • Lot: 6
  • Municipality: STERLING
  • Latitude: 42.4195
  • Longitude: -71.7757

    Address

  • Full Address: 116 Worcester Rd
  • Address - House Number: 116
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 1472
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 435,257
  • High Value: 513,583
  • Low Value: 356,930

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $381,900
  • Assessed Land Value: $91,000
  • Assessed Improvements Value: $290,900

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143198
  • Previous Sale Recording Date: Apr 30, 1991
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: 27
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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2372 ft²

Average Home Age

65 years

Currently For Sale

2022 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: 5 years ago
Data Source: MLS PIN, MLS# 72874583

Frequently Asked Questions

When was property at 116 Worcester Road built and last sold?
The property at 116 Worcester Road was built in 1954 and last sold on Oct 12, 2021 for $345,000.
How much is this home worth?
The estimated value of the home located at 116 Worcester Road is $345,206.
What are some comparable homes to 116 Worcester Road?
There are currently no comparable homes to 116 Worcester Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Sterling Homes for Sale
Sterling Houses for Sale
Sterling Condos for Sale
Sterling Multifamily for Sale
Sterling Land for Sale
Sterling Commercial for Sale
Sterling Homes with Basements
Sterling Homes with Pools
Nearby Cities
Fitchburg Homes for Sale
Leominster Homes for Sale
Northborough Homes for Sale
Clinton Homes for Sale
Lunenburg Homes for Sale
South Lancaster Homes for Sale
Shirley Homes for Sale
Devens Homes for Sale
Nearby Property Records
Worcester County, MA Property Records
Middlesex County, MA Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Cheshire County, NH Property Records
Suffolk County, MA Property Records
Providence County, RI Property Records
Franklin County, MA Property Records
Neighborhoods
West Tatnuck Real Estate
Greendale Real Estate
Forest Grove Real Estate
Burncoat Real Estate
Southside Real Estate
Cleghorn Real Estate
Indian Hill Real Estate
North Lincoln Street Real Estate
Nearby Counties
Fitchburg Homes for Sale
Leominster Homes for Sale
Shrewsbury Homes for Sale
Holden Homes for Sale
Northborough Homes for Sale
Clinton Homes for Sale
Lunenburg Homes for Sale
Westminster Homes for Sale
Top Real Estate Agents
Top Agents in Sterling
Top Agents in 01420
Top Agents in Fitchburg
Top Agents in Fitchburg
Top Agents in 01453
Top Agents in Leominster
Top Agents in Leominster
Top Agents in Shrewsbury