For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Worcester 01566
41 Ridge Way
$272,000
● House - Off Market

41 Ridge Way

Sturbridge, MA 01566
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,914 Ft²
$371,744
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

What a unique Sturbridge find with water access!  This is a  3 bedroom 1.5 bath ranch home with freshly painted interior and exterior and new carpets throughout . Nice open concept layout. There is an additional structure on the property that would be perfect for an at home office, art studio, bunk house or game room.  Sit on your back deck and enjoy the water views and breeze off the lake. Additional deck on second building. This property comes with a deeded parcel on Shore road right on CEDAR lake. All this and easy highway access and sought after Tantasqua Schools. Great opportunity! ( carpets being installed on Monday 6/29.....showings begin Tuesday 6/30)  Interior picture coming soon.
Unit Size
1,914 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$144
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1952

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72681853)

Price History

Date / Event Date Event Price
Sep 4, 2020 Sold
Premium
Sold
Jun 27, 2020 Listed by ERA Key Realty Services- Auburn $275,000
Listed by ERA Key Realty Services- Auburn
Jun 30, 2005 Sold
Premium
Sold
Apr 7, 2005 Listed by ERA Key Realty Services- Auburn $239,900
Listed by ERA Key Realty Services- Auburn

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • 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: 18
  • 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: 8,276
  • Total Building Area: 946
  • Gross Building Area: 1,124
  • Building Area: 946
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 946
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 540-21E34-041
  • District: 287
  • Parcel: STUR M:540 B:002 L:1E34-041
  • Block: 2
  • Lot: 1E34-41
  • Municipality: STURBRIDGE
  • Latitude: 42.1253
  • Longitude: -72.0851

    Address

  • Full Address: 41 Ridge Way
  • Address - House Number: 41
  • Address - Street Name: Ridge
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 1079
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $386,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 309,421
  • High Value: 372,543
  • Low Value: 246,298

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $234,200
  • Assessed Land Value: $72,700
  • Assessed Improvements Value: $161,500

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102040
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Amount: $235,000
  • 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72681853

Frequently Asked Questions

When was property at 41 Ridge Way built and last sold?
The property at 41 Ridge Way was built in 1952 and last sold on Aug 31, 2020 for $272,000.
How much is this home worth?
The estimated value of the home located at 41 Ridge Way is $298,569.
What are some comparable homes to 41 Ridge Way?
There are currently no comparable homes to 41 Ridge Way.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Sturbridge Homes for Sale
Sturbridge Houses for Sale
Sturbridge Condos for Sale
Sturbridge Multifamily for Sale
Sturbridge Land for Sale
Sturbridge Commercial for Sale
Sturbridge Homes with Basements
Sturbridge Homes with Pools
Nearby Cities
Southbridge Town Homes for Sale
Ware Homes for Sale
Spencer Homes for Sale
Fiskdale Homes for Sale
Holland Homes for Sale
North Brookfield Homes for Sale
Warren Homes for Sale
West Brookfield Homes for Sale
Nearby Property Records
Windham County, CT Property Records
Tolland County, CT Property Records
Worcester County, MA Property Records
Hampden County, MA Property Records
Hampshire County, MA Property Records
Providence County, RI Property Records
Kent County, RI Property Records
Franklin County, MA Property Records
Nearby Counties
Southbridge Town Homes for Sale
Charlton Homes for Sale
Spencer Homes for Sale
Dudley Homes for Sale
Warren Homes for Sale
Paxton Homes for Sale
North Brookfield Homes for Sale
Brimfield Homes for Sale
Top Real Estate Agents
Top Agents in Sturbridge
Top Agents in 01550
Top Agents in Southbridge Town
Top Agents in Southbridge Town
Top Agents in 01507
Top Agents in Charlton
Top Agents in 01562
Top Agents in Spencer