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Worcester
LOT 2 Elizabeth Lane
$319,900
● House - Off Market

LOT 2 Elizabeth Lane

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,872 Ft²
$880,481
RealtyHop Estimate
199.59%
Since May 1, 2000
National-US
Primary Model

About This Property

NEW COLONIAL ON PRETTY CUL DE SAC OF 5 LOTS. WALK TO RECREATION FIELDS AND SCHOOLS. 1 MILE TO RTE 140 AND 1-190. CONSTRUCTION BEGINS 12/1/99. BUYERS CHOICES NOW. ATTACHED SUBJECT HAS 2,468 SF FIN REC RM OVER GARAGE.PRICE:$319,900
Unit Size
1,872 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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 #30357587)

Price History

Date / Event Date Event Price
Apr 14, 2000 Sold
Premium
Sold
Sep 27, 1999 Listed by Sterling Properties $293,900
Listed by Sterling Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 89,298
  • Total Building Area: 2,588
  • Gross Building Area: 4,680
  • Building Area: 2,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,588
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002050
  • 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:00146 L:00069
  • Lot: 69
  • Municipality: STERLING
  • Latitude: 42.4076
  • Longitude: -71.7784

    Address

  • Full Address: 2 Elizabeth Ln
  • Address - House Number: 2
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 2828
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $924,500

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 751,998
  • High Value: 869,409
  • Low Value: 634,587

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $694,600
  • Assessed Land Value: $176,100
  • Assessed Improvements Value: $518,500

    Sales

  • Current Sale Recording Date: Apr 14, 2000
  • Current Sale Price:
    Premium
  • Current 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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 30357587

Frequently Asked Questions

When was property at 2 Elizabeth Lane built and last sold?
The property at 2 Elizabeth Lane was built in 1999 and last sold on Jan 1, 1970 for $319,900.
How much is this home worth?
The estimated value of the home located at 2 Elizabeth Lane is $311,666.
What are some comparable homes to 2 Elizabeth Lane?
There are currently no comparable homes to 2 Elizabeth Lane.
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