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Worcester 01566
6 Fairground Road
$445,000
● House - Off Market

6 Fairground Road

Sturbridge, MA 01566
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$2,839
Est. Monthly

About This Property

Sweet waterfront on Cedar Lake. Boating, fishing and sailing all available at your back door.  Possible in-law set up with it's own entrance.  Walk to restaurant row, and everything the village has to offer. First floor primary bedroom with vaulted ceilings and stunning lake view. In home office. Property has been completely updated including chef's kitchen with dining area, and plenty of space for a huge center island. Honey colored hardwoods, enclosed front porch, fenced dog kennel and more.Solar is leased . View our sweet waterfront...you will not be disappointed.
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$257
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1935

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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 #73210562)

Price History

Date / Event Date Event Price
Aug 21, 2024 Sold
Premium
Sold
Jul 25, 2024 In contract -
In contract
Jun 25, 2024 Price Decreased $469,900
↓ $30K (6%)
Price Decreased
Jun 23, 2024 Relisted $499,900
Relisted
Apr 13, 2024 Price Decreased $499,900
↓ $30K (5.7%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,830
  • Gross Building Area: 2,867
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sturbridge School District
  • Census Tract: 758104

Geography

  • Account Number: 260-02541-006
  • District: 287
  • Parcel: STUR M:260 B:000 L:2541-006
  • Lot: 2541-6
  • Municipality: STURBRIDGE
  • Latitude: 42.1134
  • Longitude: -72.0876

    Address

  • Full Address: 6 Fairground Rd
  • Address - House Number: 6
  • Address - Street Name: Fairground
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R005
  • 4-Digit Zip Code: 1047
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,500

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 569,333
  • High Value: 617,926
  • Low Value: 520,739

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $386,600
  • Assessed Land Value: $205,400
  • Assessed Improvements Value: $181,200

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141238
  • Previous Sale Recording Date: Mar 25, 2020
  • Previous Sale Contract Date: Mar 17, 2020
  • Previous Sale Amount: $185,000
  • 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

$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: 4 months ago
Data Source: MLS PIN, MLS# 73210562

Frequently Asked Questions

When was property at 6 Fairgrounds Road built and last sold?
The property at 6 Fairgrounds Road was built in 1935 and last sold on Nov 13, 2020 for $310,000.
How much is this home worth?
The estimated value of the home located at 6 Fairgrounds Road is $468,765.
What are some comparable homes to 6 Fairgrounds Road?
There are currently no comparable homes to 6 Fairgrounds Road.
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