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Worcester
20 Laurel Ave
$120,000
● House - Off Market

20 Laurel Ave

Sterling, MA 01564
bedrooms
1 Bed
bathrooms
1 Bath
square feet
551 Ft²
$162,216
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Why Rent when you can OWN this adorable year round cottage tucked away in the Waushacum Village with the lake nearby for all your recreational needs. Recent updates include some new windows, insulation, new siding, new roof in 2015, stone driveway, new interior paint, exterior deck painted, great landscaping. Spacious wrap around deck perfect for all of your outdoor activities.Whether you are a first time buyer or someone looking to downsize, this is a must see! Many new homes being constructed in this pleasant up and coming area. A second parking space is available and has been approved by the Association for $10 extra/month. Don't wait this one won't last!
Unit Size
551 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$218
Property Type
House
Property Taxes
$88
HOA Dues
$150
Year Built
1947

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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 #72686977)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Castinetti Realty Group $120,000
Listed by Castinetti Realty Group
Oct 19, 2016 Sold
Premium
Sold
Aug 25, 2016 Listed by Castinetti Realty Group $60,000
Listed by Castinetti Realty Group
Oct 17, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 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: 1,788
  • Total Building Area: 551
  • Gross Building Area: 748
  • Building Area: 551
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 551
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000041
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 719100

Geography

  • Account Number: 10040
  • District: 282
  • Parcel: STER M:00175 L:00040
  • Lot: 40
  • Municipality: STERLING
  • Latitude: 42.4055
  • Longitude: -71.7619

    Address

  • Full Address: 20 Laurel Ave
  • Address - House Number: 20
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 2806
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $149,700

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 152,672
  • High Value: 183,524
  • Low Value: 121,819

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $112,500
  • Assessed Land Value: $27,900
  • Assessed Improvements Value: $84,600

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104718
  • Previous Sale Recording Date: Oct 19, 2016
  • Previous Sale Amount: $59,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72686977

Frequently Asked Questions

When was property at 20 Laurel Avenue built and last sold?
The property at 20 Laurel Avenue was built in 1947 and last sold on Aug 20, 2020 for $120,000.
How much is this home worth?
The estimated value of the home located at 20 Laurel Avenue is $121,695.
What are some comparable homes to 20 Laurel Avenue?
There are currently no comparable homes to 20 Laurel Avenue.
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