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Sturbridge 01566
7 Simpson St
$368,000
● House - Off Market

7 Simpson St

Sturbridge, MA 01566
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,933 Ft²
$376,592
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Adorable and Affordable one level ranch living! Beautifully updated with a fully remodeled eat-in kitchen with white cabinetry, granite counters, and all new appliances in 2022. Three spacious bedrooms with plenty of closet space. First floor laundry that can also be a second bathroom or home office. Tons of character, charm, and natural light. Large living room with wood burning fireplace and hardwood floors, New roof (2019), New gas furnace (2019) New water heater (2019). Garage under with new insulated garage door and opener (2020) Stone walls, new landscaping, and a nice sized yard. Updated plumbing & electrical. Convenient location and close to area amenities. Town water and sewer. Best and Final due by 6 pm Sunday!!!
Unit Size
1,933 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$186
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1947

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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 #73032910)

Price History

Date / Event Date Event Price
Oct 13, 2022 Sold
Premium
Sold
Sep 6, 2022 Listed by RE/MAX Prof Associates $359,900
Listed by RE/MAX Prof Associates
Aug 1, 2019 Sold
Premium
Sold
May 29, 2019 Listed by RE/MAX Prof Associates $251,500
Listed by RE/MAX Prof Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 645
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,933
  • Gross Building Area: 3,956
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 588-35E33-007
  • District: 287
  • Parcel: STUR M:588 B:003 L:5E33-007
  • Block: 3
  • Lot: 5E33-7
  • Municipality: STURBRIDGE
  • Latitude: 42.089
  • Longitude: -72.0636

    Address

  • Full Address: 7 Simpson St
  • Address - House Number: 7
  • Address - Street Name: Simpson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1288
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 417,256
  • High Value: 497,834
  • Low Value: 336,678

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,600
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $265,600

    Sales

  • Current Sale Contract Date: Oct 13, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111490
  • Previous Sale Recording Date: Aug 01, 2019
  • Previous Sale Contract Date: Jul 26, 2019
  • Previous Sale Amount: $252,000
  • 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 Sturbridge

Stats & Trends

Median Asking:

$499,450

Sale Price/ft²

$262

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1731 ft²

Average Home Age

98.6 years

Currently For Sale

9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73032910

Frequently Asked Questions

When was property at 7 Simpson Street built and last sold?
The property at 7 Simpson Street was built in 1947 and last sold on Oct 13, 2022 for $368,000.
How much is this home worth?
The estimated value of the home located at 7 Simpson Street is $368,956.
What are some comparable homes to 7 Simpson Street?
There are currently no comparable homes to 7 Simpson Street.
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