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Worcester
262 Putnam Hill Rd
$330,150
● House - Off Market

262 Putnam Hill Rd

Sutton, MA 01590
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$437,281
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Back on the market after many great updates added! **New 3 bedroom septic system. New forced air heating system. New radon mitigation system and water filtration system. Walls and ceilings freshly painted. Basement walls painted.** This 2 bedroom 1 bath ranch built in 1981 has a charming cabin style interior with open concept living room/kitchen. Some of it's features include a beautiful stone fireplace, hardwoods throughout, large bathroom, and extra large closed in front porch, plenty of storage space in the kitchen cabinets, over 3.5 acres of land with a barn/shed. Windows, roof and vinyl siding roughly 5-8 years young. Water heater less than 6 years old. Town boasts newer school buildings and easy access to 146 or 395. Don't miss out on this opportunity!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
3.56 acres
Price per sqft
$327
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1981

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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 #72689541)

Price History

Date / Event Date Event Price
Nov 9, 2020 Sold
Premium
Sold
Jul 11, 2020 Listed by weRENTcentralmass $329,900
Listed by weRENTcentralmass
Jun 22, 2020 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 154,923
  • Total Building Area: 1,008
  • Gross Building Area: 2,376
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003557
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sutton School District
  • School Tax School District: SUTTON SD
  • Census Tract: 751101

Zoning

  • Zoning: R1

Geography

  • District: 290
  • Parcel: SUTT M:0042 P:67
  • Municipality: SUTTON
  • Latitude: 42.1134
  • Longitude: -71.7666

    Address

  • Full Address: 262 Putnam Hill Rd
  • Address - House Number: 262
  • Address - Street Name: Putnam Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sutton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1651
  • Zip Code: 01590

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $560,200

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 460,460
  • High Value: 543,568
  • Low Value: 377,351

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $441,800
  • Assessed Land Value: $183,400
  • Assessed Improvements Value: $258,400

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Nov 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136413
  • Previous Sale Recording Date: Jun 22, 2020
  • Previous Sale Contract Date: Jun 17, 2020
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 54
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# 72689541

Frequently Asked Questions

When was property at 262 Putnam Hill Road built and last sold?
The property at 262 Putnam Hill Road was built in 1981 and last sold on Oct 22, 2020 for $330,150.
How much is this home worth?
The estimated value of the home located at 262 Putnam Hill Road is $332,268.
What are some comparable homes to 262 Putnam Hill Road?
There are currently no comparable homes to 262 Putnam Hill Road.
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