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Worcester
118 Eight Lots Rd
$429,000
● House - Off Market

118 Eight Lots Rd

Sutton, MA 01590
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,818 Ft²
$776,759
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Must see this beautiful custom built Gambrel on11.5+ acres. This home has an open floor plan between the dining room and the sunken stone fireplaced living room. The large eat in kitchen is filled with Wood Mode Cabinets and stainless steel appliances. The  beamed family room. boasts a large brick fireplace with a raised stone hearth. The slider opens onto a wrap around deck overlooking the 20x40 inground pool. The master suite has a large bedroom, changing room, walkin closet, linen closet and private bath.  There is an emergency generator hookup and the pool has a recent liner and fence.The ninth room on the second floor is unfinished ( other ).
Unit Size
2,818 Ft²
Days on Market
-
Land Size
11.63 acres
Price per sqft
$163
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1974

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #71998534)

Price History

Date / Event Date Event Price
Aug 1, 2016 Sold
Premium
Sold
May 3, 2016 Listed by Prudential Parent Associates, REALTORS® $459,900
Listed by Prudential Parent Associates, REALTORS®

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,078
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 506,452
  • Total Building Area: 2,730
  • Gross Building Area: 5,214
  • Building Area: 2,730
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,730
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000011627
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sutton School District
  • School Tax School District: SUTTON SD
  • Census Tract: 751102

Zoning

  • Zoning: R1

Geography

  • Parcel: SUTT M:0021 P:9
  • Municipality: SUTTON
  • Latitude: 42.1401
  • Longitude: -71.8021

    Address

  • Full Address: 118 8 Lots Rd
  • Address - House Number: 118
  • Address - Street Name: 8 Lots
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sutton
  • Carrier Code: R005
  • 4-Digit Zip Code: 1022
  • Zip Code: 01590

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $754,200

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 672,382
  • High Value: 781,060
  • Low Value: 563,704

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $594,800
  • Assessed Land Value: $192,900
  • Assessed Improvements Value: $401,900

    Sales

  • Current Sale Recording Date: Aug 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83499
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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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: 5 months ago
Data Source: MLS PIN, MLS# 71998534

Frequently Asked Questions

When was property at 118 8 Lots Road built and last sold?
The property at 118 8 Lots Road was built in 1974 and last sold on Jan 1, 1970 for $429,000.
How much is this home worth?
The estimated value of the home located at 118 8 Lots Road is $476,137.
What are some comparable homes to 118 8 Lots Road?
There are currently no comparable homes to 118 8 Lots Road.
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