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Worcester
57 Taft Rd
Photo of 57 Taft Rd

3

Map

Photo of 57 Taft Rd
Photo of 57 Taft Rd
$1,050,000
↑ $1M (104,999,900%)
● Land - For Sale

57 Taft Rd

Sterling, MA 01564
bedrooms
Studio
bathrooms
0 Bath
$5,694
Est. Monthly

About This Property

57 Taft Rd. in Sterling, Massachusetts - an approximately 45-acre residential development comprised of 4 parcels located close to the Interstate 190 / Route 12 interchange and downtown Sterling. The offering presents a significant opportunity for a builder or developer to pursue a single-family residential subdivision or multifamily (duplex) development, subject to municipal approvals. The scale of the parcel, its position within Sterling's established residential market, and immediate access to the I-190 corridor and the town center make this a rare development opportunity in a supply-constrained submarket. Subject to Offer. All 4 lots bust be sold together.
Unit Size
-
Days on Market
-
Land Size
45.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$538
HOA Dues
-
Year Built
-

Listed By

James Glickman
NAI Glickman Kovago & Jacobs

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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: 2 months ago (MLSPIN #73557182)

Price History

Date / Event Date Event Price
Aug 3, 2026 Price Increased $1,050,000
↑ $1M (104,999,900%)
Price Increased
Jul 30, 2026 Listed by NAI Glickman Kovago & Jacobs $1
Listed by NAI Glickman Kovago & Jacobs
Jun 19, 2006 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Farm, Gentle Sloping
Lot Size Area: 45
Lot Size Units: Acres
Lot Size Acres: 45
Lot Size Square Feet: 1960200
Water Source: Public
Financial Details
Tax Assessed Value: $514,000
Tax Annual Amount: $6,451
Utilities Details
Sewer : Private Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 1,735,866
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000039850
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 719100

Geography

  • District: 282
  • Parcel: STER M:00074 L:005.1
  • Lot: 5.1
  • Municipality: STERLING
  • Latitude: 42.4477
  • Longitude: -71.7676

    Address

  • Full Address: 57 Taft Rd
  • Address - House Number: 57
  • Address - Street Name: Taft
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R003
  • 4-Digit Zip Code: 2117
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $536,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,900
  • Assessed Land Value: $402,900

    Sales

  • Current Sale Recording Date: Jun 19, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00090128
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73557182

Frequently Asked Questions

When was property at 57 Taft Road built and last sold?
The property at 57 Taft Road was built in and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 57 Taft Road is $1,060,500.
What are some comparable homes to 57 Taft Road?
There are currently no comparable homes to 57 Taft Road.
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