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Worcester 01566
29 Putnam Rd
$240,000
● House - Off Market

29 Putnam Rd

Sturbridge, MA 01566
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,959 Ft²
$487,371
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

ATTENTION CONTRACTORS AND INVESTORS!!  Lots of character throughout this 3 BR; 2 Bath home w/ large fireplaced living room; sun room; galley kitchen with pass through window; central air; vermont castings propane stove; wired for generator back up;  2 car detached garage... all on 27+ ACRES of prime property with gorgeous stone walls.  This house has been well loved but could use some modernization.  Home Inspection just done in June - "great bones"... LOADS of potential!!!
Unit Size
1,959 Ft²
Days on Market
-
Land Size
28.37 acres
Price per sqft
$128
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1951

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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 #71364245)

Price History

Date / Event Date Event Price
Oct 18, 2013 Sold
Premium
Sold
Apr 9, 2012 Listed by ERA Key Realty Services- Auburn $250,000
Listed by ERA Key Realty Services- Auburn

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 904
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,185,268
  • Total Building Area: 1,979
  • Gross Building Area: 3,322
  • Building Area: 1,979
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,979
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000027210
  • Standard Land Use Code: 1008
  • County Land Use Code: 017

Neighborhood

  • School District Name: Sturbridge School District
  • Census Tract: 758103

Geography

  • Account Number: 530-00324-029
  • District: 287
  • Parcel: STUR M:530 B:000 L:0324-029
  • Lot: 324-29
  • Municipality: STURBRIDGE
  • Latitude: 42.1731
  • Longitude: -72.0321

    Address

  • Full Address: 29 Putnam Rd
  • Address - House Number: 29
  • Address - Street Name: Putnam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 1375
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,400

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 431,120
  • High Value: 509,358
  • Low Value: 352,883

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $332,550
  • Assessed Land Value: $87,050
  • Assessed Improvements Value: $245,500

    Sales

  • Current Sale Recording Date: Oct 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71364245

Frequently Asked Questions

When was property at 29 Putnam Road built and last sold?
The property at 29 Putnam Road was built in 1951 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 29 Putnam Road is $268,675.
What are some comparable homes to 29 Putnam Road?
There are currently no comparable homes to 29 Putnam Road.
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