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Worcester
27 Worcester Rd
$230,000
● House - Off Market

27 Worcester Rd

Sterling, MA 01564
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$336,949
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Opportunity awaits! This property can be used as a residence or commercially. Zoned commercial but current owner is living there. House is a 2 bedroom, 1 bath home with living room and kitchen. Second floor is being used as one bedroom and one huge walk in closet. Walk in closet could be used as an additional room if needed. Main floor has the master bedroom, large living room and kitchen. Roof is approx. 11 years old, furnace approx. 4 years old, windows approx. 17 years old. Second building/oversized shed was used for a business and has electricity. 1.07 acres and Title V in hand.  Move in ready.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$223
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1879

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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 #72533173)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Sep 28, 2021 Listed by Keller Williams Realty Greater Worcester $275,000
Listed by Keller Williams Realty Greater Worcester
Sep 5, 2019 Sold
Premium
Sold
Jul 12, 2019 Listed by Keller Williams Realty Greater Worcester $229,900
Listed by Keller Williams Realty Greater Worcester
Nov 5, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1879
  • Effective Year Built: 1879
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 23
  • 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: 46,400
  • Total Building Area: 902
  • Gross Building Area: 1,932
  • Building Area: 902
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001065
  • 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:00147 L:00034
  • Lot: 34
  • Municipality: STERLING
  • Latitude: 42.4076
  • Longitude: -71.7701

    Address

  • Full Address: 27 Worcester Rd
  • Address - House Number: 27
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 1468
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $384,700

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 52
  • Final Value: 285,448
  • High Value: 352,995
  • Low Value: 217,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $289,000
  • Assessed Land Value: $118,600
  • Assessed Improvements Value: $170,400

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171281
  • Previous Sale Recording Date: Sep 05, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: O
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 72533173

Frequently Asked Questions

When was property at 27 Worcester Road built and last sold?
The property at 27 Worcester Road was built in 1879 and last sold on Dec 7, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 27 Worcester Road is $276,564.
What are some comparable homes to 27 Worcester Road?
There are currently no comparable homes to 27 Worcester Road.
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