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Worcester
7 Colby
$370,000
● House - Off Market

7 Colby

Sterling, MA 01564
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$755,109
RealtyHop Estimate
98.77%
Since Oct 1, 2004
National-US
Primary Model

About This Property

UNIQUE CONTEMP w IN-LAW APT. About 2500 SQ FT ON 3 LEVELS accessed by spiral staircase. 4-5 BR's, 3 BA's, 2 Kit's. Huge mstr suite with bath uppr lvl, 2 BRS main levl with eat-in KIT,LR,open DR all with CATHDRLS, SKYLITES.  Passive solar, lots of glass. Office/5th Br ovr heated garage. Fnshd 3-4 RM APARTMENT LOWER LEV.  Lg deck, shed, pro lndscpng, bkd by woods, dead end st.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
2.28 acres
Price per sqft
$152
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #30812039)

Price History

Date / Event Date Event Price
Sep 3, 2004 Sold
Premium
Sold
Feb 10, 2004 Listed by A. M. Real Estate $379,900
Listed by A. M. Real Estate
Oct 26, 2001 Sold
Premium
Sold
May 18, 2001 Listed by A. M. Real Estate $289,900
Listed by A. M. Real Estate
Jun 13, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 99,317
  • Total Building Area: 1,647
  • Gross Building Area: 3,719
  • Building Area: 1,647
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,647
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • District: 282
  • Parcel: STER M:00085 L:00040
  • Lot: 40
  • Municipality: STERLING
  • Latitude: 42.444
  • Longitude: -71.7548

    Address

  • Full Address: 7 Colby Rd
  • Address - House Number: 7
  • Address - Street Name: Colby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R006
  • 4-Digit Zip Code: 2327
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,000

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 580,332
  • High Value: 671,113
  • Low Value: 489,551

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,600
  • Assessed Land Value: $177,500
  • Assessed Improvements Value: $325,100

    Sales

  • Current Sale Recording Date: Sep 03, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 163137
  • Previous Sale Recording Date: Oct 26, 2001
  • Previous Sale Amount: $278,760
  • Previous Sale Document Type: 27
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 30812039

Frequently Asked Questions

When was property at 7 Colby Road built and last sold?
The property at 7 Colby Road was built in 1985 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 7 Colby Road is $397,136.
What are some comparable homes to 7 Colby Road?
There are currently no comparable homes to 7 Colby Road.
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