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Worcester 01543
8 Sumac Circle
$285,000
● House - Off Market

8 Sumac Circle

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,076 Ft²
$771,338
RealtyHop Estimate
157.20%
Since May 1, 2002
National-US
Primary Model

About This Property

CONTEMPORARY ON CUL-DE-SAC. MASTER BR W/15X11 BATH W/WHIRLPL DOUBLE VANITY,HEAT LIGHTS & FAN. DR W/FRENCHDOORS, FP'D LR, TILED KIT W/JENNAIR STOVE. INTERCOM THRUOUT, 12X20 DECK, STORAGE SHED AND 2-CAR GARAGE.
Unit Size
2,076 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$144
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1986

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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 years ago (MLSPIN #30554330)

Price History

Date / Event Date Event Price
Apr 2, 2002 Sold
Premium
Sold
Oct 19, 2001 Listed by William B. McManus Real Estate $299,900
Listed by William B. McManus Real Estate
Oct 7, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 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: 21,344
  • Total Building Area: 2,025
  • Gross Building Area: 4,393
  • Building Area: 2,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,025
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAWTHORNE ESTATES RUTLAND
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721103

Geography

  • Parcel: RUTL M:59-B B:A L:61
  • Block: A
  • Lot: 61
  • Municipality: RUTLAND
  • Latitude: 42.3804
  • Longitude: -71.9297

    Address

  • Full Address: 8 Sumac Cir
  • Address - House Number: 8
  • Address - Street Name: Sumac
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Rutland
  • Carrier Code: R003
  • 4-Digit Zip Code: 1937
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $628,200

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 567,119
  • High Value: 658,170
  • Low Value: 476,069

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,900
  • Assessed Land Value: $99,400
  • Assessed Improvements Value: $358,500

    Sales

  • Current Sale Recording Date: Apr 02, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 07, 1996
  • Previous Sale Amount: $178,900
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30554330

Frequently Asked Questions

When was property at 8 Sumac Circle built and last sold?
The property at 8 Sumac Circle was built in 1986 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 8 Sumac Circle is $317,344.
What are some comparable homes to 8 Sumac Circle?
There are currently no comparable homes to 8 Sumac Circle.
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