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Worcester
6 Heritage Rd
$145,000
● Land - Off Market

6 Heritage Rd

Sutton, MA 01590
bedrooms
Studio
bathrooms
0 Bath
$121,645
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Property to be sold "AS IS"!!  LOCATION LOCATION LOCATION!  This property has it and the surrounding homes are very nice.  A true "TEAR DOWN".  The house needs to be rebuilt.  The foundation appears to be solid and may be usable.  Property does not meet the current Zoning requirements.  Buyer and buyer's representatives must do all due diligence to their satisfaction.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$334
HOA Dues
-
Year Built
2023

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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 #72962068)

Price History

Date / Event Date Event Price
Sep 1, 2022 Sold
Premium
Sold
Apr 28, 2022 Sold
Premium
Sold
Apr 5, 2022 Listed by Exit Beacon Pointe Realty $120,000
Listed by Exit Beacon Pointe Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,880
  • Gross Building Area: 4,128
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sutton School District
  • School Tax School District: SUTTON SD
  • Census Tract: 751101

Zoning

  • Zoning: R1

Geography

  • Parcel: SUTT M:0005 P:75
  • Municipality: SUTTON
  • Latitude: 42.1748
  • Longitude: -71.7433

    Address

  • Full Address: 6 Heritage Rd
  • Address - House Number: 6
  • Address - Street Name: Heritage
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sutton
  • Carrier Code: R003
  • 4-Digit Zip Code: 3027
  • Zip Code: 01590

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $426,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 384,517
  • High Value: 463,756
  • Low Value: 305,279

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $336,000
  • Assessed Land Value: $131,200
  • Assessed Improvements Value: $204,800

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96763
  • Previous Sale Recording Date: Apr 28, 2022
  • Previous Sale Contract Date: Apr 28, 2022
  • Previous Sale Amount: $145,000
  • 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# 72962068

Frequently Asked Questions

When was property at 6 Heritage Road built and last sold?
The property at 6 Heritage Road was built in 2023 and last sold on Aug 31, 2022 for $167,500.
How much is this home worth?
The estimated value of the home located at 6 Heritage Road is $121,200.
What are some comparable homes to 6 Heritage Road?
There are currently no comparable homes to 6 Heritage Road.
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