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Worcester
3 Walnut Dr
$231,000
● House - Off Market

3 Walnut Dr

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,052 Ft²
$433,691
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Reduced!  Great starter home or home to downsize to.   There are 3 bedrooms and a large eat in kitchen that was updated not long ago by Kitchen Associates of Sterling to include new custom Cabinets and Corian counter tops. The living room is a generous size with a brick fireplace and hardwood floors and all three bedrooms also have hardwood flooring.  The heating system is 2 zones and there is central air conditioning in the home.  The lower level is partially finished and all of the appliances will remain.  There are sliders off of the kitchen leading to a deck and a private back yard.  Replacement windows.  Shed. Located on a cul-de-sac across from the schools and parks and sports fields.  Great highway access too!
Unit Size
1,052 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$228
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1966

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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 #71780577)

Price History

Date / Event Date Event Price
Apr 30, 2015 Sold
Premium
Sold
Jan 4, 2015 Listed by RE/MAX Vision $239,900
Listed by RE/MAX Vision

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 24,554
  • Total Building Area: 1,388
  • Gross Building Area: 3,128
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,388
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000564
  • 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:00137 L:00040
  • Lot: 40
  • Municipality: STERLING
  • Latitude: 42.4145
  • Longitude: -71.7761

    Address

  • Full Address: 3 Walnut Dr
  • Address - House Number: 3
  • Address - Street Name: Walnut
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 2614
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $530,300

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 474,529
  • High Value: 565,041
  • Low Value: 384,017

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,400
  • Assessed Land Value: $118,500
  • Assessed Improvements Value: $279,900

    Sales

  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 38021
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: 4 months ago
Data Source: MLS PIN, MLS# 71780577

Frequently Asked Questions

When was property at 3 Walnut Drive built and last sold?
The property at 3 Walnut Drive was built in 1966 and last sold on Jan 1, 1970 for $231,000.
How much is this home worth?
The estimated value of the home located at 3 Walnut Drive is $245,142.
What are some comparable homes to 3 Walnut Drive?
There are currently no comparable homes to 3 Walnut Drive.
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