Worcester
488 Boston Rd
$1,650,000
●
House -
Off Market
488 Boston Rd
Sutton, MA 01590
5 Beds
5 Baths,
1
Half Bath
5,244 Ft²
$10,143
Est. Monthly
1.72%
Cap Rate
About This Property
Own the Iconic Pembury House Farm.This Turnkey Equine Estate sits
on 10+ Pristine Flat 61B Acres w/easy access to several Local
Indoors.The Original 3 Lvl 40'x72' Post & Beam Barn includes:10
(9-12x13/ 1-10x13) Matted Stalls w/Foaling Stall Pot,25 Ton 2-Lvl
Hay Loft,Tack Rm w/Seasonal Bath,Gen Hookup,& Heated Water Rm.It
overlooks the Fenced,Laser Graded 100'x200' Sand & Crushed Stone
Outdoor w/Watering Sytm,7 PVC Fenced Paddocks,3 Run-In Sheds,3
Grass Paddocks w/ Auto Waterers,Lg Dividable Hayed Paddock,Outdr
Wash Stall,Lg Derby Field w/Natural Obstacles,& 3 Car Electric
Garage.The Stately Slate Roofed Georgian Home w/ Elder Designed
In-Law Offers Breathtaking All Side Views,Pegged Oak Hardwd
Flrs,Grand Staircase,Formal Dining Rm w/ Gas Firepl,Viking
Stainless Kitchen w/Butler's Pantry,5 Beds w/Ensuite Retro Tiled
Baths,Office,Heated Gunite Pool/Hottub,32'x21' Vaulted Great Rm
w/Firepl,Finshed Basmnt w/ 3/4 Bath,Bar & Firepl,2 Level 3-Seas
Sunporch w/Fountain,Central A/C,& Gen Hookup.
Unit Size
5,244 Ft²
Days on Market
-
Land Size
10.28 acres
Price per sqft
$340
Property Type
House
Property Taxes
$1,378
HOA Dues
-
Year Built
1941
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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: 6 months ago (MLSPIN #73249235)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by RE/MAX Prof Associates | $1,785,000 | |
| Listed by RE/MAX Prof Associates | |||
| | |||
|
Own the Iconic Pembury House Farm.This Turnkey Equine Estate sits on 10+ Pristine Flat 61B Acres w/easy access to several Local Indoors.The Original 3 Lvl 40’x72' Post & Beam Barn includes:10 (9-12x13/ 1-10x13) Matted Stalls w/Foaling Stall Pot,25 Ton 2-Lvl Hay Loft,Tack Rm w/Seasonal Bath,Gen Hookup,& Heated Water Rm.It overlooks the Fenced,Laser Graded 100'x200' Sand & Crushed Stone Outdoor w/Watering Sytm,7 PVC Fenced Paddocks,3 Run-In Sheds,3 Grass Paddocks w/ Auto Waterers,Lg Dividable Hayed Paddock,Outdr Wash Stall,Lg Derby Field w/Natural Obstacles,& 3 Car Electric Garage.The Stately Slate Roofed Georgian Home w/ Elder Designed In-Law Offers Breathtaking All Side Views,Pegged Oak Hardwd Flrs,Grand Staircase,Formal Dining Rm w/ Gas Firepl,Viking Stainless Kitchen w/Butler's Pantry,5 Beds w/Ensuite Retro Tiled Baths,Office,Heated Gunite Pool/Hottub,32’x21' Vaulted Great Rm w/Firepl,Finshed Basmnt w/ 3/4 Bath,Bar & Firepl,2 Level 3-Seas Sunporch w/Fountain,Central A/C,& Gen Hookup.
| |||
| Jun 26, 2014 | Sold | ||
| Sold | |||
| Apr 18, 2014 | Listed by RE/MAX Prof Associates | $990,000 | |
| Listed by RE/MAX Prof Associates | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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