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Worcester
8 Oakwood Dr.
$260,000
● House - Off Market

8 Oakwood Dr.

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,148 Ft²
$401,209
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Great neighborhood.  You can walk to schools, fields and Senior center.  This home is on a level lot with many perennials. The home has a 20' deck with a Sunsetter awning. One level living! hardwoods, replacement windows and slider. the seasoned wood out side will stay. Office  (or sitting room) is incorporated in the master bedroom.  2 large sheds. Roof about 18 yrs old,, Boiler about 14 yrs, old.  Large 24' x 24' garage with garage door openers.  Minutes to major routes. NO SHOWINGS UNTIL OPEN HOUSE , SUNDAY, APRIL 30, 11:30 TO 1
Unit Size
1,148 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$218
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1966

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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 #72154088)

Price History

Date / Event Date Event Price
Jun 27, 2017 Sold
Premium
Sold
Apr 27, 2017 Listed by Century 21 Center Home Team $249,905
Listed by Century 21 Center Home Team

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 20,000
  • Total Building Area: 1,148
  • Gross Building Area: 3,016
  • Building Area: 1,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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:00137 L:00047
  • Lot: 47
  • Municipality: STERLING
  • Latitude: 42.4157
  • Longitude: -71.7781

    Address

  • Full Address: 8 Oakwood Dr
  • Address - House Number: 8
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Sterling
  • Carrier Code: R004
  • 4-Digit Zip Code: 2636
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $500,700

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 440,745
  • High Value: 526,290
  • Low Value: 355,201

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $376,200
  • Assessed Land Value: $115,600
  • Assessed Improvements Value: $260,600

    Sales

  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66991
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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2375 ft²

Average Home Age

64.6 years

Currently For Sale

2001 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# 72154088

Frequently Asked Questions

When was property at 8 Oakwood Drive built and last sold?
The property at 8 Oakwood Drive was built in 1966 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 8 Oakwood Drive is $257,472.
What are some comparable homes to 8 Oakwood Drive?
There are currently no comparable homes to 8 Oakwood Drive.
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