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Sturbridge 01566
38 Hillside Dr.
$60,000
● Land - Off Market

38 Hillside Dr.

Sturbridge, MA 01566
bedrooms
Studio
bathrooms
0 Bath
$90,451
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

You have to drive-by this property to appreciate what a very desirable location it is!!  Minutes to shopping and highway access, yet set on a lovely cul-de-sac, away from the hustle and bustle of downtown Sturbridge.  A beautiful rectangular shaped lot with over an acre of land and 145" of frontage.  Parts are wooded,and some areas partially cleared, enough to easily walk the land.  It's situated between #36 and #42 Hillside (see plot plan).  Perc test has been done and is attached to the listing.  You'll fall in love with all the wonderful restaurants, quaint shops, and historical value that Sturbridge has to offer.  Easy commute to Worcester, Springfield, and Hartford.  Please do not walk the property without an appointment.
Unit Size
-
Days on Market
-
Land Size
1.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$123
HOA Dues
-
Year Built
2022

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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: 4 months ago (MLSPIN #72626105)

Price History

Date / Event Date Event Price
May 27, 2020 Sold
Premium
Sold
Mar 1, 2020 Listed by ERA Key Realty Services- Auburn $64,000
Listed by ERA Key Realty Services- Auburn

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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
  • 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: 50,530
  • Total Building Area: 1,858
  • Gross Building Area: 5,373
  • Building Area: 1,858
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,858
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001160
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sturbridge School District
  • Census Tract: 758104

Geography

  • Account Number: 340-03855-038
  • District: 287
  • Parcel: STUR M:340 B:000 L:3855-038
  • Lot: 3855-38
  • Municipality: STURBRIDGE
  • Latitude: 42.0786
  • Longitude: -72.0751

    Address

  • Full Address: 38 Hillside Dr
  • Address - House Number: 38
  • Address - Street Name: Hillside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1536
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,098,700

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 788,473
  • High Value: 896,696
  • Low Value: 680,251

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $666,300
  • Assessed Land Value: $78,200
  • Assessed Improvements Value: $588,100

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54153
  • Previous Sale Recording Date: Jul 15, 2016
  • 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 Sturbridge

Stats & Trends

Median Asking:

$499,450

Sale Price/ft²

$262

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1731 ft²

Average Home Age

98.6 years

Currently For Sale

9 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# 72626105

Frequently Asked Questions

When was property at 38 Hillside Drive built and last sold?
The property at 38 Hillside Drive was built in 2022 and last sold on May 22, 2020 for $60,000.
How much is this home worth?
The estimated value of the home located at 38 Hillside Drive is $64,640.
What are some comparable homes to 38 Hillside Drive?
There are currently no comparable homes to 38 Hillside Drive.
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