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Sturbridge 01566
48 Hillside Dr
$147,500
● Land - Off Market

48 Hillside Dr

Sturbridge, MA 01566
bedrooms
Studio
bathrooms
0 Bath
$190,806
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Perfect cul-de-sac location for your new home. Build your dream home on 16 acres with a back drop of acres of protected land. Frontage on the cul-de-sac as well as a second access point offers building site alternatives. Tall pines, hardwoods and protected land will be among your neighbors. Close to the Grand Trunk Trail and the Quinebaug River. Convenient to stores, services and both Route 84 and the MASSPIKE. Perc test to be completed by seller.
Unit Size
-
Days on Market
-
Land Size
16.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$207
HOA Dues
-
Year Built
2022

Payment Calculator

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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 #72638622)

Price History

Date / Event Date Event Price
Feb 17, 2021 Sold
Premium
Sold
Mar 27, 2020 Listed by Coldwell Banker Realty - Worcester $150,000
Listed by Coldwell Banker Realty - Worcester

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 694,782
  • Total Building Area: 2,787
  • Gross Building Area: 7,553
  • Building Area: 2,787
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,787
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000015950
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 340-03855-048
  • District: 287
  • Parcel: STUR M:340 B:000 L:3855-048
  • Lot: 3855-48
  • Municipality: STURBRIDGE
  • Latitude: 42.0804
  • Longitude: -72.0751

    Address

  • Full Address: 48 Hillside Dr
  • Address - House Number: 48
  • 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: $1,213,200

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 286,985
  • High Value: 326,376
  • Low Value: 247,595

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,700
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $579,900

    Sales

  • Current Sale Contract Date: Feb 06, 2021
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22493
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

67

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72638622

Frequently Asked Questions

When was property at 48 Hillside Drive built and last sold?
The property at 48 Hillside Drive was built in 2022 and last sold on Feb 6, 2021 for $147,500.
How much is this home worth?
The estimated value of the home located at 48 Hillside Drive is $151,500.
What are some comparable homes to 48 Hillside Drive?
There are currently no comparable homes to 48 Hillside Drive.
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