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Worcester
75 Heywood Road
$600,000
● House - Off Market

75 Heywood Road

Sterling, MA 01564
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,080 Ft²
$3,830
Est. Monthly

About This Property

Desirable Sterling Colonial boasts 8 rooms, 4 bedrooms, 2.5 baths, fireplaced family room, fully applianced kitchen with peninsula and dining area with slider to oversized deck. Four bedrooms upstairs including master suite. Updates include new septic & oil tank installed in 2023, newer roof, gutters, exterior painting, whole house filter, garage doors, security system, front storm door, interior walls painted, slider to deck and new casement window. Many features to enjoy including lovely flower garden and beautiful spacious backyard overlooking pond and trees. All this and close to the Sterling Country Club, Davis Farm, Rota Ice Cream, and Waushacum Pond Town Beach. Commuters close to highway.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$320
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1988

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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: 5 months ago (MLSPIN #73194689)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Apr 23, 2024 In contract -
In contract
Jan 18, 2024 Listed by Foster-Healey Real Estate $665,000
Listed by Foster-Healey Real Estate
Oct 28, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 45,302
  • Total Building Area: 2,080
  • Gross Building Area: 3,936
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • 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:00021 L:00029
  • Lot: 29
  • Municipality: STERLING
  • Latitude: 42.4765
  • Longitude: -71.775

    Address

  • Full Address: 75 Heywood Rd
  • Address - House Number: 75
  • Address - Street Name: Heywood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R003
  • 4-Digit Zip Code: 2040
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $677,500

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 728,850
  • High Value: 791,058
  • Low Value: 666,641

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $509,000
  • Assessed Land Value: $129,900
  • Assessed Improvements Value: $379,100

    Sales

  • Current Sale Recording Date: Oct 28, 1988
  • Current Sale Price:
    Premium
  • Current 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:

$499,999

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2383 ft²

Average Home Age

65 years

Currently For Sale

2087 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# 73194689

Frequently Asked Questions

When was property at 75 Heywood Road built and last sold?
The property at 75 Heywood Road was built in 1988 and last sold on Jan 1, 1970 for $237,500.
How much is this home worth?
The estimated value of the home located at 75 Heywood Road is $665,458.
What are some comparable homes to 75 Heywood Road?
There are currently no comparable homes to 75 Heywood Road.
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