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Worcester
76 & 77 N Cove Road
$300,000
● House - Off Market

76 & 77 N Cove Road

Sterling, MA 01564
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,104 Ft²
$658,069
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Looking for a direct waterfront home on multiple acres? Hard to find but here's your opportunity on Lake Waushacum. Rarely available waterfront home tucked away at the end of private North Cove Rd. sits this gem. A unique home with 5+ acres and 400+ feet of direct water frontage!  Enjoy this beautiful tranquil spot to unplug and relax. The lake is fully recreational offering fishing, ice fishing, gas-powered boating, canoeing and kayaking etc. Property needs some TLC but has good bones with 5 year old roof and 3 bedroom septic system. Also abuts Sterling town conservation for additional privacy. Don't miss this!! Call or text for showing appointment.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
5.25 acres
Price per sqft
$407
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #72409253)

Price History

Date / Event Date Event Price
Sep 16, 2019 Sold
Premium
Sold
Oct 11, 2018 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $449,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 164,221
  • Total Building Area: 0
  • Gross Building Area: 2,586
  • Building Area: 1,269
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,269
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000003770
  • Standard Land Use Code: 8012
  • County Land Use Code: 132

Neighborhood

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

Geography

  • District: 282
  • Parcel: STER M:00135 L:00006
  • Lot: 6
  • Municipality: STERLING
  • Latitude: 42.4159
  • Longitude: -71.746

    Address

  • Full Address: 77 N Cove Rd
  • Address - House Number: 77
  • Street Direction: N
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R001
  • 4-Digit Zip Code: 1521
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $30,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $22,600
  • Assessed Land Value: $22,600

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95174
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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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 years ago
Data Source: MLS PIN, MLS# 72409253

Frequently Asked Questions

When was property at 77 North Cove Road built and last sold?
The property at 77 North Cove Road was built in 1952 and last sold on Sep 9, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 77 North Cove Road is $0.
What are some comparable homes to 77 North Cove Road?
There are currently no comparable homes to 77 North Cove Road.
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