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Worcester
3 Davis Ledge Rd
$540,000
● House - Off Market

3 Davis Ledge Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,592 Ft²
$567,486
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Looking for privacy?  This is the house for you!  Located on a side road with 1.7 cleared acres of land this property has plenty of room to enjoy parties and outdoor activities.  This home has been lovingly renovated over the past few years with a new roof, new boiler, new water heater, new oil tank, new deck, new windows and all new paint inside and out.  The main floor features a large living room, dining room and kitchen with pantry.  Off the kitchen is a family room/home office, a full bath and spacious laundry room.  Upstairs has 3 large bedrooms with hardwood floors and an additional full bath.  There is also a walk up attic for additional space and a full unfinished basement great for storage or work shop.  Private showings only, make your appointment today.
Unit Size
2,592 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$193
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1935

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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: 5 years ago (MLSPIN #72878959)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by Hometown National Realty Inc. $499,900
Listed by Hometown National Realty Inc.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 74,052
  • Total Building Area: 2,592
  • Gross Building Area: 6,216
  • Building Area: 2,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,592
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001700
  • 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:00086 L:00044
  • Lot: 44
  • Municipality: STERLING
  • Latitude: 42.4411
  • Longitude: -71.7398

    Address

  • Full Address: 3 Davis Ledge Rd
  • Address - House Number: 3
  • Address - Street Name: Davis Ledge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R001
  • 4-Digit Zip Code: 1501
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $767,500

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 638,205
  • High Value: 743,139
  • Low Value: 533,270

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,600
  • Assessed Land Value: $199,400
  • Assessed Improvements Value: $377,200

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135810
  • Previous Sale Recording Date: Apr 22, 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

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72878959

Frequently Asked Questions

When was property at 3 Davis Ledge Road built and last sold?
The property at 3 Davis Ledge Road was built in 1935 and last sold on Sep 28, 2021 for $540,000.
How much is this home worth?
The estimated value of the home located at 3 Davis Ledge Road is $0.
What are some comparable homes to 3 Davis Ledge Road?
There are currently no comparable homes to 3 Davis Ledge Road.
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