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Worcester 01566
7 Wells Park Rd
$240,000
● House - Off Market

7 Wells Park Rd

Sturbridge, MA 01566
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,269 Ft²
$484,478
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Walker Pond Cape.. THIS HOUSE HAS A LOT OF SPACE! THERE ARE CLOSETS EVERYWHERE!  LIVING ROOM/DINING ROOM COMBO WITH FIREPLACE(WOOD STOVE INSERT)...SPACIOUS KITCHEN...2 FIRST FLOOR BEDROOMS ANDFULL BATH...2 SECOND FLOOR BEDROOMS AND FULL BATH... 2 BONUS ROOMS ABOVE THE GARAGE....AND THE WALK OUT BASEMENT IS FULLY FINISHED WITH A HALF BATH AND LAUNDRY.   ENJOY THE  FENCED YARD AND IN-GROUND POOL PLUS THE AMMENITIES OF THE WALKER POND ASSOCIATION WHICH INCLUDE  THE BEACH, STABLES AND TENNIS COURTS.
Unit Size
2,269 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$115
Property Type
House
Property Taxes
$388
HOA Dues
$200
Year Built
1964

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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 #71728064)

Price History

Date / Event Date Event Price
Oct 29, 2014 Sold
Premium
Sold
Aug 12, 2014 Listed by EXIT Realty Partners $259,900
Listed by EXIT Realty Partners
May 7, 2007 Sold
Premium
Sold
May 31, 2006 Listed by EXIT Realty Partners $315,000
Listed by EXIT Realty Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 3
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 2,269
  • Gross Building Area: 4,592
  • Building Area: 2,269
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,269
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000890
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sturbridge School District
  • Census Tract: 758103

Geography

  • Account Number: 675-01754-007
  • District: 287
  • Parcel: STUR M:675 B:000 L:1754-007
  • Lot: 1754-7
  • Municipality: STURBRIDGE
  • Latitude: 42.1325
  • Longitude: -72.0558

    Address

  • Full Address: 7 Wells Park Rd
  • Address - House Number: 7
  • Address - Street Name: Wells Park
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 1315
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $722,300

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 539,461
  • High Value: 644,799
  • Low Value: 434,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,000
  • Assessed Land Value: $110,800
  • Assessed Improvements Value: $327,200

    Sales

  • Current Sale Recording Date: Oct 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101650
  • Previous Sale Recording Date: May 07, 2007
  • Previous Sale Amount: $297,000
  • 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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 71728064

Frequently Asked Questions

When was property at 7 Wells Park Road built and last sold?
The property at 7 Wells Park Road was built in 1964 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 7 Wells Park Road is $281,866.
What are some comparable homes to 7 Wells Park Road?
There are currently no comparable homes to 7 Wells Park Road.
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