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Worcester 01543
5 Sumac Circle
$287,900
● House - Off Market

5 Sumac Circle

Rutland, MA 01543
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$423,846
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

It's rare to find a home situated at the end of a beautiful cul-de-sac surrounded by 22 acres of wooded conservation land! Here is your opportunity to own this original owner, 4 bedroom, 1-1/2 bath split level home with so much to offer; including a functional layout that begins with the sunrise entryway with a slate floor and wood stairs, hardwood floors in many rooms, 2 brick faced fireplaces (1 with wood stove insert), 6-panel doors, an oversized storage shed, and so much more!  The large lower level family room is supported with steel beams instead of traditional lally columns, allowing for many possibilities in the open space.  This property even has town water and sewer.   It's not every day that you find a home that offers privacy in a neighborhood setting....  location is everything!! Welcome home!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$167
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1985

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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 #72612733)

Price History

Date / Event Date Event Price
May 22, 2020 Sold
Premium
Sold
Jan 28, 2020 Listed by Lamacchia Realty, Inc. $299,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 16,988
  • Total Building Area: 1,190
  • Gross Building Area: 2,542
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:59-B B:A L:50
  • Block: A
  • Lot: 50
  • Municipality: RUTLAND
  • Latitude: 42.3806
  • Longitude: -71.9305

    Address

  • Full Address: 5 Sumac Cir
  • Address - House Number: 5
  • Address - Street Name: Sumac
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Rutland
  • Carrier Code: R003
  • 4-Digit Zip Code: 1937
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 433,920
  • High Value: 506,388
  • Low Value: 361,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,300
  • Assessed Land Value: $96,700
  • Assessed Improvements Value: $242,600

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52505
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72612733

Frequently Asked Questions

When was property at 5 Sumac Circle built and last sold?
The property at 5 Sumac Circle was built in 1985 and last sold on May 22, 2020 for $287,900.
How much is this home worth?
The estimated value of the home located at 5 Sumac Circle is $311,015.
What are some comparable homes to 5 Sumac Circle?
There are currently no comparable homes to 5 Sumac Circle.
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