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Worcester
16 Redstone Hill Rd
$133,000
● House - Off Market

16 Redstone Hill Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$571,895
RealtyHop Estimate
281.52%
Since Jan 1, 1996
National-US
Primary Model

About This Property

ANTIQUE LOVERS DREAM!  PRE-REVOLUTIONARY COLONIAL WITH WIDE BOARD FLOORS,  EXPOSED BEAMS, FIREPLACED FAMILYROOM, LOVELY BREAKFASTROOM.  UPDATES INCLUDE SKYLIGHTS, TILE BATH, RE- PLACEMENT WINDOWS, REBUILT CHIMNEYS.  A TRUE GEM!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$100
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
1744

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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 years ago (MLSPIN #30050093)

Price History

Date / Event Date Event Price
Apr 28, 1999 Sold
Premium
Sold
Jul 10, 1998 Listed $179,900
Listed
Dec 1, 1995 Sold
Premium
Sold
Jun 1, 1995 Listed $149,900
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1744
  • Effective Year Built: 1744
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • 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: 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: 32,632
  • Total Building Area: 2,912
  • Gross Building Area: 4,750
  • Building Area: 2,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000749
  • 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:00092 L:00098
  • Lot: 98
  • Municipality: STERLING
  • Latitude: 42.4389
  • Longitude: -71.751

    Address

  • Full Address: 16 Redstone Hill Rd
  • Address - House Number: 16
  • Address - Street Name: Redstone Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R001
  • 4-Digit Zip Code: 1460
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $522,400

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 525,896
  • High Value: 622,131
  • Low Value: 429,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,500
  • Assessed Land Value: $122,600
  • Assessed Improvements Value: $269,900

    Sales

  • Current Sale Recording Date: Apr 28, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 01, 1995
  • Previous Sale Amount: $133,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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 years ago
Data Source: MLS PIN, MLS# 30050093

Frequently Asked Questions

When was property at 16 Redstone Hill Road built and last sold?
The property at 16 Redstone Hill Road was built in 1744 and last sold on Jan 1, 1970 for $172,000.
How much is this home worth?
The estimated value of the home located at 16 Redstone Hill Road is $0.
What are some comparable homes to 16 Redstone Hill Road?
There are currently no comparable homes to 16 Redstone Hill Road.
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