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Worcester
61 Griggs Rd
$365,000
● House - Off Market

61 Griggs Rd

Sutton, MA 01590
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$563,207
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Five bedroom home in a desirable West Sutton location across from Ramshorn Pond. Offered for the first time in 30 years. Tucked away (but not isolated) in the woods on a 1.86 acre lot. This well maintained home has had many updates over the years. Vinyl siding (2015), twin bay windows (2015), main floor bathroom renovation (2013), kitchen renovation (2012), deck (2011), 30 year architectural roof (2006) and more. The sale includes a propane generator to help take the worry out of your Winters. Take some time to drive around this neighborhood of beautiful homes... a neighborhood that can soon be called your own.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
1.86 acres
Price per sqft
$214
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1982

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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 #72283811)

Price History

Date / Event Date Event Price
May 24, 2018 Sold
Premium
Sold
Feb 20, 2018 Listed by RE/MAX Executive Realty $369,900
Listed by RE/MAX Executive Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 548
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,871
  • Total Building Area: 1,728
  • Gross Building Area: 2,940
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001857
  • 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: 751102

Zoning

  • Zoning: R1

Geography

  • Parcel: SUTT M:0014 P:13
  • Municipality: SUTTON
  • Latitude: 42.1494
  • Longitude: -71.8098

    Address

  • Full Address: 61 Griggs Rd
  • Address - House Number: 61
  • Address - Street Name: Griggs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sutton
  • Carrier Code: R005
  • 4-Digit Zip Code: 1015
  • Zip Code: 01590

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $617,500

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 526,116
  • High Value: 611,154
  • Low Value: 441,079

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,000
  • Assessed Land Value: $179,900
  • Assessed Improvements Value: $307,100

    Sales

  • Current Sale Recording Date: May 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49957
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 72283811

Frequently Asked Questions

When was property at 61 Griggs Road built and last sold?
The property at 61 Griggs Road was built in 1982 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 61 Griggs Road is $373,499.
What are some comparable homes to 61 Griggs Road?
There are currently no comparable homes to 61 Griggs Road.
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