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Worcester
85 Chace Hill Rd
$295,000
● House - Off Market

85 Chace Hill Rd

Sterling, MA 01564
bedrooms
3 Beds
bathrooms
1 Bath
square feet
906 Ft²
$346,637
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Nicely maintained ranch on an amazing lot is ready for new ownership! This home is complete with a newer roof, newer furnace and a brand new septic system. There are 3 bedrooms, 1 full bath, open kitchen to the living room, hardwood floors throughout most of the house, vinyl siding, and beautiful landscaping. The pictures speak for themselves.  This home is move in ready.  Plus, this home is located right near Rota Spring Farm Ice Cream , Meadowbrook Orchards and the Sterling town beach is approx. 1 mile away!  Don't hesitate to see this one right away, it won't last at this price.
Unit Size
906 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$276
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1951

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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 months ago (MLSPIN #72664041)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
May 29, 2020 Listed by Keller Williams Realty Greater Worcester $250,000
Listed by Keller Williams Realty Greater Worcester
Apr 30, 1985 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • 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: 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: 40,977
  • Total Building Area: 906
  • Gross Building Area: 1,848
  • Building Area: 906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 906
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000941
  • 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:00133 L:00008
  • Lot: 8
  • Municipality: STERLING
  • Latitude: 42.4133
  • Longitude: -71.7336

    Address

  • Full Address: 85 Chace Hill Rd
  • Address - House Number: 85
  • Address - Street Name: Chace Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sterling
  • Carrier Code: R001
  • 4-Digit Zip Code: 1519
  • Zip Code: 01564

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $419,100

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 389,945
  • High Value: 468,746
  • Low Value: 311,143

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $314,900
  • Assessed Land Value: $127,500
  • Assessed Improvements Value: $187,400

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81435
  • Previous Sale Recording Date: Apr 30, 1985
  • Previous Sale Amount: $84,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 72664041

Frequently Asked Questions

When was property at 85 Chace Hill Road built and last sold?
The property at 85 Chace Hill Road was built in 1951 and last sold on Jul 1, 2020 for $295,000.
How much is this home worth?
The estimated value of the home located at 85 Chace Hill Road is $256,940.
What are some comparable homes to 85 Chace Hill Road?
There are currently no comparable homes to 85 Chace Hill Road.
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