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Worcester
2 Otters Way
$530,000
● House - Off Market

2 Otters Way

Sterling, MA 01564
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,932 Ft²
$848,652
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Grand, contemporary colonial with three car garage, and two story shed located in a desirable cul-de-sac neighborhood. Attention to detail includes:  central air, gleaming hardwood floors, granite counters, stainless appliances, french doors, and crown molding.  Large open floor plan is great for entertaining.  The  family room has a beautiful fireplace and a cathedral ceiling tall enough for your dream Christmas tree. The two story shed affords enough storage to allow you to use the garage for your cars.  Don't forget to relax in the over-sized soaking tub in the master bath.    This home is overflowing with amenities and plenty of  space to provide a wonderful country living environment for the whole family.  Be sure to check out the video of this beautiful home.
Unit Size
2,932 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$182
Property Type
House
Property Taxes
$677
HOA Dues
-
Year Built
2009

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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 #72229114)

Price History

Date / Event Date Event Price
Nov 21, 2017 Sold
Premium
Sold
Sep 14, 2017 Listed by OPEN DOOR Real Estate $535,000
Listed by OPEN DOOR Real Estate
Jan 29, 2010 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 9
  • 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: 87,120
  • Total Building Area: 2,932
  • Gross Building Area: 5,132
  • Building Area: 2,932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,932
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMOTHY MCGUIRE
  • Land Acres: 0000002000
  • 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:00127 L:006.1
  • Lot: 6.1
  • Municipality: STERLING
  • Latitude: 42.4222
  • Longitude: -71.7646

    Address

  • Full Address: 2 Otters Way
  • Address - House Number: 2
  • Address - Street Name: Otters
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 1550
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $978,800

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 784,896
  • High Value: 927,388
  • Low Value: 642,404

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,400
  • Assessed Land Value: $151,600
  • Assessed Improvements Value: $583,800

    Sales

  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130495
  • Previous Sale Recording Date: Jan 29, 2010
  • Previous Sale Amount: $490,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72229114

Frequently Asked Questions

When was property at 2 Otters Way built and last sold?
The property at 2 Otters Way was built in 2009 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 2 Otters Way is $553,222.
What are some comparable homes to 2 Otters Way?
There are currently no comparable homes to 2 Otters Way.
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