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Worcester
4 Myrtle Avenue
$42,000
● House - Off Market

4 Myrtle Avenue

Sterling, MA 01564
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,049 Ft²
$116,547
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

With some work this could be a doll house!!  You would OWN (not lease)  a nice corner lot in Waushacum Village.  Hardwood floors in living, dining and family rooms.  On the upper level you will find 2 bedrooms and a bath.    Nice enclosed front porch.  Mandatory Association fee of $200 per month covers the cost of the recently installed community septic system that services the 75 houses in the Village, plus maintenance of the common areas and cost to run the Association.
Unit Size
1,049 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$57
Property Type
House
Property Taxes
$106
HOA Dues
$200
Year Built
1890

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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 #71478500)

Price History

Date / Event Date Event Price
Aug 14, 2013 Sold
Premium
Sold
Jan 31, 2013 Listed by Keller Williams Realty North Central $59,900
Listed by Keller Williams Realty North Central

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • 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: 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: 7,598
  • Total Building Area: 1,049
  • Gross Building Area: 1,350
  • Building Area: 1,049
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,049
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 719100

Geography

  • Account Number: 10023
  • District: 282
  • Parcel: STER M:00175 L:00023
  • Lot: 23
  • Municipality: STERLING
  • Latitude: 42.4065
  • Longitude: -71.7623

    Address

  • Full Address: 4 Myrtle Ave
  • Address - House Number: 4
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 2808
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $170,600

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 225,698
  • High Value: 265,097
  • Low Value: 186,298

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $128,200
  • Assessed Land Value: $39,900
  • Assessed Improvements Value: $88,300

    Sales

  • Current Sale Recording Date: Aug 14, 2013
  • Current Sale Price:
    Premium
  • Current 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:

$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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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71478500

Frequently Asked Questions

When was property at 4 Myrtle Avenue built and last sold?
The property at 4 Myrtle Avenue was built in 1890 and last sold on Jan 1, 1970 for $42,000.
How much is this home worth?
The estimated value of the home located at 4 Myrtle Avenue is $71,733.
What are some comparable homes to 4 Myrtle Avenue?
There are currently no comparable homes to 4 Myrtle Avenue.
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