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Worcester
49 Putnam Hill Rd
$320,000
● Land - Off Market

49 Putnam Hill Rd

Sutton, MA 01590
bedrooms
Studio
bathrooms
0 Bath
$389,143
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Location, Location, Location! Close to Sutton School Campus and Town Center. A rare opportunity to purchase this gorgeous 10.5 acre lot in the heart of Sutton. Bounded stone walls on 3 sides with several acres of cleared land, this picturesque property is the ideal setting to build your dream home. Enjoy the serenity of country living while still within minutes to the MA pike, Rte 146, and many other area amenities! Approved 4 Bedroom Septic Design.
Unit Size
-
Days on Market
-
Land Size
10.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$224
HOA Dues
-
Year Built
2021

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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 #72792783)

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold
Premium
Sold
Mar 3, 2021 Listed by eXp Realty $320,000
Listed by eXp Realty
Sep 9, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 457,665
  • Total Building Area: 4,151
  • Gross Building Area: 8,952
  • Building Area: 4,151
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,151
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010507
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sutton School District
  • School Tax School District: SUTTON SD
  • Census Tract: 751102

Zoning

  • Zoning: R1

Geography

  • Parcel: SUTT M:0023 P:111
  • Municipality: SUTTON
  • Latitude: 42.1431
  • Longitude: -71.7683

    Address

  • Full Address: 49 Putnam Hill Rd
  • Address - House Number: 49
  • Address - Street Name: Putnam Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sutton
  • Carrier Code: R005
  • 4-Digit Zip Code: 1722
  • Zip Code: 01590

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,188,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 909,544
  • High Value: 1,034,164
  • Low Value: 784,925

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $936,900
  • Assessed Land Value: $225,600
  • Assessed Improvements Value: $711,300

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49154
  • Previous Sale Recording Date: Sep 09, 2016
  • Previous Sale Amount: $155,000
  • Previous 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 72792783

Frequently Asked Questions

When was property at 49 Putnam Hill Road built and last sold?
The property at 49 Putnam Hill Road was built in 2021 and last sold on Apr 9, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 49 Putnam Hill Road is $323,200.
What are some comparable homes to 49 Putnam Hill Road?
There are currently no comparable homes to 49 Putnam Hill Road.
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