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Worcester
25 Bean Rd
$302,000
● House - Off Market

25 Bean Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$394,020
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

ONE LEVEL LIVING IN THIS 3 BEDROOM RANCH! This home features refinished HW floors, updated kitchen/ dining area with gorgeous Hickory cabinets, updated bathroom. Welcoming beamed cathedral ceiling family room with stone floor great for entertaining. Level fenced in back yard with large garden area, fruit trees and berry plants.  Roof is aprox 5 years old , furnace aprox 7 years old updated electric. Located near the schools, track and trails.  Showings are by appointment only.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$255
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1955

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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: 5 years ago (MLSPIN #72745031)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
Oct 19, 2020 Listed by RE/MAX Prof Associates $299,900
Listed by RE/MAX Prof Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 15,625
  • Total Building Area: 1,176
  • Gross Building Area: 2,136
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000359
  • 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:00056
  • Lot: 56
  • Municipality: STERLING
  • Latitude: 42.4096
  • Longitude: -71.7752

    Address

  • Full Address: 25 Bean Rd
  • Address - House Number: 25
  • Address - Street Name: Bean
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 2404
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $448,000

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 411,221
  • High Value: 491,035
  • Low Value: 331,407

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $336,600
  • Assessed Land Value: $109,600
  • Assessed Improvements Value: $227,000

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 147604
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 5 years ago
Data Source: MLS PIN, MLS# 72745031

Frequently Asked Questions

When was property at 25 Bean Road built and last sold?
The property at 25 Bean Road was built in 1955 and last sold on Nov 30, 2020 for $302,000.
How much is this home worth?
The estimated value of the home located at 25 Bean Road is $0.
What are some comparable homes to 25 Bean Road?
There are currently no comparable homes to 25 Bean Road.
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