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Worcester
LOT3 Matthew Lane
$292,985
● House - Off Market

LOT3 Matthew Lane

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,268 Ft²
$879,860
RealtyHop Estimate
214.35%
Since Oct 1, 1999
National-US
Primary Model

About This Property

30 DAY DELIVERY! IN"REDSTONE WOODS"  NEW CONTEMPORARY COLONIAL NOW UNDER CONSTRUCTION,LRG EAT-IN KITCHEN SEPERATE LIVING ROOM AND FAMILY ROOMS WITH OPEN FOYER AND LARGE PALLADIAN WINDOW,VAULTED MASTER,HARDWOODS AND MUCH MORE!
Unit Size
2,268 Ft²
Days on Market
-
Land Size
101.00 acres
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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 years ago (MLSPIN #30332855)

Price History

Date / Event Date Event Price
Nov 10, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by RE/MAX Associates $525,000
Listed by RE/MAX Associates
Dec 13, 1999 Sold
Premium
Sold
Sep 13, 1999 Sold
Premium
Sold
Jun 24, 1999 Listed by RE/MAX Associates $279,900
Listed by RE/MAX Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,936
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,204
  • Gross Building Area: 4,020
  • Building Area: 2,204
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,204
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • 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:00091 L:00025
  • Lot: 25
  • Municipality: STERLING
  • Latitude: 42.4374
  • Longitude: -71.7427

    Address

  • Full Address: 3 Matthew Ln
  • Address - House Number: 3
  • Address - Street Name: Matthew
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Sterling
  • Carrier Code: R001
  • 4-Digit Zip Code: 1541
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $859,700

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 697,154
  • High Value: 811,781
  • Low Value: 582,527

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $645,900
  • Assessed Land Value: $150,200
  • Assessed Improvements Value: $495,700

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137208
  • Previous Sale Recording Date: Dec 13, 1999
  • Previous Sale Amount: $292,985
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30332855

Frequently Asked Questions

When was property at 3 Matthew Lane built and last sold?
The property at 3 Matthew Lane was built in 1999 and last sold on Nov 5, 2020 for $525,000.
How much is this home worth?
The estimated value of the home located at 3 Matthew Lane is $0.
What are some comparable homes to 3 Matthew Lane?
There are currently no comparable homes to 3 Matthew Lane.
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