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Worcester
6 Bird Street
$125,000
● House - Off Market

6 Bird Street

Sterling, MA 01564
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,171 Ft²
$227,223
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Large property listed as a 2-Family on public records, but was being used as a single family.  This property has 5-bedrooms, 2-baths, 2 kitchens, 2 living rooms, 2 zone heat, and a ½ acre of land with a very large 2-car garage.  This bank owned property has failed Title V, and is being sold as is. Cash and 203K Buyers only.  The property requires substantial renovation/construction to be deemed habitable and appropriate for a town generated smoke/carbon monoxide detector certificate and/or occupancy permit.  All renovation/construction required to allow the subject property to be "MADE READY" for occupation is the cost and responsibility of the Buyer.
Unit Size
2,171 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$69
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1855

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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: 5 months ago (MLSPIN #72304086)

Price History

Date / Event Date Event Price
May 30, 2018 Sold
Premium
Sold
Apr 4, 2018 Listed by Dick Lepine Real Estate, Inc. $149,900
Listed by Dick Lepine Real Estate, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1855
  • Effective Year Built: 1855
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • 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: 21,742
  • Total Building Area: 2,221
  • Gross Building Area: 4,972
  • Building Area: 2,221
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,221
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000499
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

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

Geography

  • District: 282
  • Parcel: STER M:00092 L:00046
  • Lot: 46
  • Municipality: STERLING
  • Latitude: 42.4352
  • Longitude: -71.7586

    Address

  • Full Address: 6 Bird St
  • Address - House Number: 6
  • Address - Street Name: Bird
  • Address - Suffix Type: St
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 1453
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $481,600

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 437,627
  • High Value: 514,022
  • Low Value: 361,231

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,800
  • Assessed Land Value: $106,200
  • Assessed Improvements Value: $255,600

    Sales

  • Current Sale Recording Date: May 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52061
  • Previous Sale Recording Date: May 02, 2018
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 34
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

2411 ft²

Average Home Age

63.3 years

Currently For Sale

2049 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: 5 months ago
Data Source: MLS PIN, MLS# 72304086

Frequently Asked Questions

When was property at 6 Bird Street built and last sold?
The property at 6 Bird Street was built in 1855 and last sold on Jan 1, 1970 for $125,000.
How much is this home worth?
The estimated value of the home located at 6 Bird Street is $149,514.
What are some comparable homes to 6 Bird Street?
There are currently no comparable homes to 6 Bird Street.
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