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Worcester
25 James Rd
$480,000
● House - Off Market

25 James Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,544 Ft²
$526,932
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Cape Style home located close to town with 8 room, 3 bedroom 2.5 baths and a 2 car garage under situated on a 1.03 acre lot. Cathedral ceiling that opens up to the loft The first floor has a Living room, kitchen, and dinning room along with 2 bedrooms hardwood floors. Located on the second floor is the Main bedroom and Bathroom Suite with wall to wall carpet. Finished basement with game room, 1/2 bathroom and laundry. Backyard offers an In-ground pool with a newer liner. Forced hot water baseboard oil fired heat plus a Mitsubishi mini split for heat and AC on the main level, window A/C units for second floor. APPROVED SEPTIC PLAN IN HAD. SELLER TO ALLOW A SEPTIC HOLDBACK IN THE AMOUNT REQUIRED BY THE LENDER. ESTIMATED COST FOR THE SEPTIC SYSTEM IS 38K PLUS SOME TREE REMOVAL. CURRENT SYSTEM IN FUNCTIONING.
Unit Size
2,544 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$208
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1979

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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 #73130735)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Jul 11, 2023 In contract -
In contract
Jun 29, 2023 Listed by Keller Williams Realty North Central $529,900
Listed by Keller Williams Realty North Central
Dec 31, 1998 Sold
Premium
Sold
Oct 3, 1998 Listed by Keller Williams Realty North Central $208,900
Listed by Keller Williams Realty North Central
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 44,867
  • Total Building Area: 1,944
  • Gross Building Area: 3,399
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • 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:00106 L:00044
  • Lot: 44
  • Municipality: STERLING
  • Latitude: 42.4312
  • Longitude: -71.7551

    Address

  • Full Address: 25 James Rd
  • Address - House Number: 25
  • Address - Street Name: James
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 1404
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $626,500

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 524,751
  • High Value: 619,183
  • Low Value: 430,319

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,700
  • Assessed Land Value: $150,600
  • Assessed Improvements Value: $320,100

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62596
  • Previous Sale Recording Date: Dec 31, 1998
  • Previous Sale Amount: $202,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73130735

Frequently Asked Questions

When was property at 25 James Road built and last sold?
The property at 25 James Road was built in 1979 and last sold on Feb 27, 2023 for $480,000.
How much is this home worth?
The estimated value of the home located at 25 James Road is $528,798.
What are some comparable homes to 25 James Road?
There are currently no comparable homes to 25 James Road.
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