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Worcester
223 Chace Hill Road
$301,000
● House - Off Market

223 Chace Hill Road

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,053 Ft²
$820,594
RealtyHop Estimate
169.05%
Since Sep 1, 2001
National-US
Primary Model

About This Property

BEAUTIFUL,BRIGHT,CAPE ON QUIET COUNTRY ROAD,EASY ACCESS TO 62,SUNNY LEVEL LOT,GLEAMING HARDWOODS,OPEN CONCEPT, SPECTACULAR FAM RM WITH CATH. CEILING &PALLADIUM WINDOW, MAST.BDRM WITH BALCONY,NEW BONUS RM ON LL.WON'T LAST LONG!
Unit Size
2,053 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$149
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1995

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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 #30504849)

Price History

Date / Event Date Event Price
Aug 23, 2001 Sold
Premium
Sold
May 15, 2001 Listed $304,999
Listed
Apr 10, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 26,325
  • Total Building Area: 2,008
  • Gross Building Area: 4,354
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000604
  • 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:00110 L:00012
  • Lot: 12
  • Municipality: STERLING
  • Latitude: 42.4253
  • Longitude: -71.7185

    Address

  • Full Address: 223 Chace Hill Rd
  • Address - House Number: 223
  • Address - Street Name: Chace Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R001
  • 4-Digit Zip Code: 1518
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $696,800

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 609,353
  • High Value: 710,482
  • Low Value: 508,225

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,500
  • Assessed Land Value: $119,400
  • Assessed Improvements Value: $404,100

    Sales

  • Current Sale Recording Date: Aug 23, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 10, 1996
  • Previous Sale Amount: $210,000
  • 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# 30504849

Frequently Asked Questions

When was property at 223 Chace Hill Road built and last sold?
The property at 223 Chace Hill Road was built in 1995 and last sold on Jan 1, 1970 for $301,000.
How much is this home worth?
The estimated value of the home located at 223 Chace Hill Road is $322,496.
What are some comparable homes to 223 Chace Hill Road?
There are currently no comparable homes to 223 Chace Hill Road.
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