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Worcester
25 Princeton Rd
$285,000
● House - Off Market

25 Princeton Rd

Sterling, MA 01564
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,460 Ft²
$422,912
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

This charming antique was once home to Gilson Brown a chair maker who had his workshop in the attached barn. The barn has a loft area and a lower level, they dont make them like this anymore! Convenient location near town center.  Spacious rooms grace this lovely home with decorative fireplaces and loads of charm. The sunny welcoming kitchen was updated featuring a pantry and central gathering area. 2 baths one has a walk in shower.  Old wood floors add to the cozy feel . Town water, private sewer, . FHA oil , 2 furnaces and 2 oil tanks, floor heat registers. Walk up attic.  Blown in insulation.The property is bordered by DCR land in the back.  There is a lovely back yard with patio area and a large area for a garden.Raspberry patch, apple trees and asparagus bed.   Needs some work but lots of potential.
Unit Size
2,460 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$116
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72449557)

Price History

Date / Event Date Event Price
Apr 16, 2019 Sold
Premium
Sold
Feb 5, 2019 Listed by OPEN DOOR Real Estate $285,000
Listed by OPEN DOOR Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 30,454
  • Total Building Area: 2,460
  • Gross Building Area: 5,066
  • Building Area: 2,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,460
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000699
  • 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:00105 L:00069
  • Lot: 69
  • Municipality: STERLING
  • Latitude: 42.4344
  • Longitude: -71.7664

    Address

  • Full Address: 25 Princeton Rd
  • Address - House Number: 25
  • Address - Street Name: Princeton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R002
  • 4-Digit Zip Code: 2809
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,000

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 437,380
  • High Value: 516,088
  • Low Value: 358,671

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $368,900
  • Assessed Land Value: $110,500
  • Assessed Improvements Value: $258,400

    Sales

  • Current Sale Contract Date: Apr 08, 2019
  • Current Sale Recording Date: Apr 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32980
  • Previous Sale Recording Date: Feb 12, 2015
  • 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 months ago
Data Source: MLS PIN, MLS# 72449557

Frequently Asked Questions

When was property at 25 Princeton Road built and last sold?
The property at 25 Princeton Road was built in 1900 and last sold on Apr 8, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 25 Princeton Road is $306,476.
What are some comparable homes to 25 Princeton Road?
There are currently no comparable homes to 25 Princeton Road.
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