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Sturbridge 01566
117 Shepard Rd
$517,000
● House - Off Market

117 Shepard Rd

Sturbridge, MA 01566
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,800 Ft²
$478,597
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Highest and Best Sunday by 5:00. Meticulously maintained 3 bedroom, 3 full bath with over an acre on a quiet country road. Cathedral ceilings, open concept Kitchen/Family/Dining and all the finishes you would want and expect from a new build. Granite counters, stainless appliances, large island, hardwood floors, and great versatile layout. Large and open finished bonus room on lower level with full bath. Shiplap surround with electric fireplace, Central air, house generator hook up, invisible dog fence. New Driveway, paved walkway, and updated lighting. Beautiful landscape and a wooded lot.  Oversized deck that is perfect for entertaining. Attractive Detached 2 car gambrel style garage with a bonus space and balcony above that is just waiting to be finished. This property is a turn key/must see!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$264
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
2016

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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 #72953935)

Price History

Date / Event Date Event Price
May 5, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by RE/MAX Prof Associates $474,900
Listed by RE/MAX Prof Associates
May 9, 2017 Sold
Premium
Sold
Nov 16, 2016 Listed by RE/MAX Prof Associates $319,000
Listed by RE/MAX Prof Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 9
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,143
  • Total Building Area: 1,274
  • Gross Building Area: 3,142
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 575-03837-117
  • District: 287
  • Parcel: STUR M:575 B:000 L:3837-117
  • Lot: 3837
  • Municipality: STURBRIDGE
  • Latitude: 42.0813
  • Longitude: -72.0692

    Address

  • Full Address: 117 Shepard Rd
  • Address - House Number: 117
  • Address - Street Name: Shepard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1136
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $720,800

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 546,654
  • High Value: 637,158
  • Low Value: 456,151

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $437,100
  • Assessed Land Value: $104,300
  • Assessed Improvements Value: $332,800

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49459
  • Previous Sale Recording Date: May 09, 2017
  • Previous Sale Amount: $309,000
  • 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:

$499,450

Sale Price/ft²

$262

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1779 ft²

Average Home Age

93.5 years

Currently For Sale

10 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72953935

Frequently Asked Questions

When was property at 117 Shepard Road built and last sold?
The property at 117 Shepard Road was built in 2016 and last sold on May 5, 2022 for $517,000.
How much is this home worth?
The estimated value of the home located at 117 Shepard Road is $475,410.
What are some comparable homes to 117 Shepard Road?
There are currently no comparable homes to 117 Shepard Road.
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