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Worcester
388 Redemption Rock Trl
$290,000
● House - Off Market

388 Redemption Rock Trl

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,534 Ft²
$467,796
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Great space in this 7 room ranch with attached two car garage and detached 20 x 24 garage with electricity, gorgeous year round sun room/family room, kitchen with dining area and sliders to family room, living room with fire place and beautiful hardwood floors, 3 bedrooms, all with good size closets and hardwood floors, Den or office off the kitchen with garage access and sliders to small deck. finished lower level with small kitchenette, three oil tanks, storage closet in unfinished walk out side of basement.
Unit Size
1,534 Ft²
Days on Market
-
Land Size
2.87 acres
Price per sqft
$195
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1972

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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 #72262628)

Price History

Date / Event Date Event Price
Feb 26, 2018 Sold
Premium
Sold
Dec 8, 2017 Listed by Paramount Realty Group $299,000
Listed by Paramount Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 125,017
  • Total Building Area: 1,266
  • Gross Building Area: 3,202
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002870
  • 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:00058 L:00004
  • Lot: 4
  • Municipality: STERLING
  • Latitude: 42.4581
  • Longitude: -71.8214

    Address

  • Full Address: 388 Redemption Rock Trl
  • Address - House Number: 388
  • Address - Street Name: Redemption Rock
  • Address - Suffix Type: Trl
  • State: MA
  • City Name: Sterling
  • Carrier Code: R002
  • 4-Digit Zip Code: 2523
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,500

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 499,089
  • High Value: 586,762
  • Low Value: 411,416

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,400
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $289,300

    Sales

  • Current Sale Contract Date: Feb 14, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 112043
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72262628

Frequently Asked Questions

When was property at 388 Redemption Rock Trail built and last sold?
The property at 388 Redemption Rock Trail was built in 1972 and last sold on Feb 14, 2018 for $290,000.
How much is this home worth?
The estimated value of the home located at 388 Redemption Rock Trail is $309,117.
What are some comparable homes to 388 Redemption Rock Trail?
There are currently no comparable homes to 388 Redemption Rock Trail.
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