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Worcester
41 Pikes Hill Rd
$475,000
● House - Off Market

41 Pikes Hill Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,080 Ft²
$491,108
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

When opportunity knocks, will you answer? Come find your peaceful oasis at this freshly painted colonial on the Holden line in Sterling. Relax in your quiet secluded yard with over 1.5 acres of property backed up to conservation land, yet located in a quiet, walkable horseshoe neighborhood just 5 mins from I-190. Inside you'll find 3 spacious bedrooms, 3 full bathrooms, separate living room and family room with fireplace, a formal dining room with pellet stove, along with a modern kitchen with solid surface countertops and an eat-in area with deck access for extended outdoor living. The master suite features it's own fireplace and walk-in closet. You'll find an oversized 2 car garage on the lower level, along with a laundry room, utility room, and finished play room.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
1.57 acres
Price per sqft
$228
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1984

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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: 5 months ago (MLSPIN #73008339)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by RE/MAX Prof Associates $475,000
Listed by RE/MAX Prof Associates
Apr 28, 1999 Sold
Premium
Sold
Feb 3, 1999 Listed by RE/MAX Prof Associates $229,900
Listed by RE/MAX Prof Associates
Mar 4, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 57,499
  • Total Building Area: 2,080
  • Gross Building Area: 3,360
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001320
  • 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:00121 L:00001
  • Lot: 1
  • Municipality: STERLING
  • Latitude: 42.4229
  • Longitude: -71.8267

    Address

  • Full Address: 41 Pikes Hill Rd
  • Address - House Number: 41
  • Address - Street Name: Pikes Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R002
  • 4-Digit Zip Code: 2433
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,500

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 537,990
  • High Value: 628,153
  • Low Value: 447,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,500
  • Assessed Land Value: $155,500
  • Assessed Improvements Value: $334,000

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93775
  • Previous Sale Recording Date: Apr 28, 1999
  • Previous Sale Amount: $224,500
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73008339

Frequently Asked Questions

When was property at 41 Pikes Hill Road built and last sold?
The property at 41 Pikes Hill Road was built in 1984 and last sold on Aug 25, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 41 Pikes Hill Road is $471,270.
What are some comparable homes to 41 Pikes Hill Road?
There are currently no comparable homes to 41 Pikes Hill Road.
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