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Worcester
5 Lucas Road
$244,900
● House - Off Market

5 Lucas Road

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,114 Ft²
$464,499
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

If you are looking for a breathtaking four season retreat from your busy work-a-day world, this is the home for you.  Recently updated, this lovely home has soaring cathedral ceilings in the open dining and living rooms with the wonderful ambiance of a wood stove for winter comfort. The multiple sliding doors open onto the wrap around deck, perfect for a relaxing glass of wine as you enjoy the beautiful views of Mt. Wachusett and Stuart Pond.  Skiing at Mt. Wachusett, snow shoeing or hiking through Leominster State Forest, ice fishing and kayaking in Washington Pond, or enjoying your own in ground pool make this home a peaceful setting.  Conservation land surrounds this home and there is land and a barn for a gentleman farmer.
Unit Size
1,114 Ft²
Days on Market
-
Land Size
3.28 acres
Price per sqft
$224
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71646641)

Price History

Date / Event Date Event Price
Jun 30, 2014 Sold
Premium
Sold
Mar 18, 2014 Listed by Evergreen Realty Assoc., Inc. $249,900
Listed by Evergreen Realty Assoc., Inc.
Aug 17, 2006 Sold
Premium
Sold
Apr 18, 2006 Listed by Evergreen Realty Assoc., Inc. $309,900
Listed by Evergreen Realty Assoc., Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 142,877
  • Total Building Area: 1,044
  • Gross Building Area: 3,112
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003280
  • 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:00014 L:00006
  • Lot: 6
  • Municipality: STERLING
  • Latitude: 42.4823
  • Longitude: -71.8251

    Address

  • Full Address: 5 Lucas Rd
  • Address - House Number: 5
  • Address - Street Name: Lucas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R003
  • 4-Digit Zip Code: 2023
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $572,200

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 517,758
  • High Value: 610,932
  • Low Value: 424,585

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $429,900
  • Assessed Land Value: $159,300
  • Assessed Improvements Value: $270,600

    Sales

  • Current Sale Recording Date: Jun 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57716
  • Previous Sale Recording Date: Aug 17, 2006
  • Previous Sale Amount: $300,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71646641

Frequently Asked Questions

When was property at 5 Lucas Road built and last sold?
The property at 5 Lucas Road was built in 1972 and last sold on Jan 1, 1970 for $244,900.
How much is this home worth?
The estimated value of the home located at 5 Lucas Road is $256,019.
What are some comparable homes to 5 Lucas Road?
There are currently no comparable homes to 5 Lucas Road.
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