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Worcester
3 Newell Hill Rd
$265,100
● House - Off Market

3 Newell Hill Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,551 Ft²
$364,114
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Turn your dream of home ownership into reality with this turn key property in the heart of Sterling.. Meticulously cared for with recent upgrades. New flooring in hall and living room, new carpet in master bedroom. Completely remodeled in 2009 with renovated kitchen, drywall, siding, flooring, wiring, plumbing, windows and more. Lovely farmhouse with plenty of charm and character. Great commuter location with close proximity to the Central Mass Rail Trail. Sloping backyard with room to enjoy the outdoors. Why rent when you can own?  Come make this house your home.
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$161
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1810

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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: 6 months ago (MLSPIN #72485640)

Price History

Date / Event Date Event Price
Jan 31, 2020 Sold
Premium
Sold
Apr 22, 2019 Listed by Lamacchia Realty, Inc. $249,900
Listed by Lamacchia Realty, Inc.
Jun 16, 2017 Sold
Premium
Sold
Apr 12, 2017 Listed by Lamacchia Realty, Inc. $209,900
Listed by Lamacchia Realty, Inc.
Jun 24, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1810
  • Effective Year Built: 1810
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 10,890
  • Total Building Area: 1,575
  • Gross Building Area: 3,582
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:00106 L:00089
  • Lot: 89
  • Municipality: STERLING
  • Latitude: 42.4339
  • Longitude: -71.7598

    Address

  • Full Address: 3 Newell Hill Rd
  • Address - House Number: 3
  • Address - Street Name: Newell Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 1419
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $440,300

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 53
  • Final Value: 320,073
  • High Value: 395,206
  • Low Value: 244,939

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $330,800
  • Assessed Land Value: $92,400
  • Assessed Improvements Value: $238,400

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10889
  • Previous Sale Recording Date: Jun 16, 2017
  • Previous Sale Amount: $215,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 72485640

Frequently Asked Questions

When was property at 3 Newell Hill Road built and last sold?
The property at 3 Newell Hill Road was built in 1810 and last sold on Jan 31, 2020 for $265,100.
How much is this home worth?
The estimated value of the home located at 3 Newell Hill Road is $262,232.
What are some comparable homes to 3 Newell Hill Road?
There are currently no comparable homes to 3 Newell Hill Road.
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