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Sturbridge 01566
96 Wallace Road
$294,000
● House - Off Market

96 Wallace Road

Sturbridge, MA 01566
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,784 Ft²
$412,350
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Charming New England cape style home featuring a 3-bay heated garage with built-in car lift w bonus space above. This lovely home has an updated Master with en suite. A first floor office with it's own entry! The first level also has an eat in kitchen, full bath and generous sized mud room.The living room boasts for original hardwood flooring and master craftsman built in bookcases surrounding the fireplace. A beautiful oversized staircase graces the living room that leads up to second level. This home is situated on 6 acres complete with apple trees, raspberry bushes and an established garden area just awaiting your personal touches! Conveniently located in beautiful Sturbridge, close to turnpike and highways!
Unit Size
1,784 Ft²
Days on Market
-
Land Size
6.74 acres
Price per sqft
$163
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1938

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72572853)

Price History

Date / Event Date Event Price
Apr 17, 2020 Sold
Premium
Sold
Oct 1, 2019 Listed by The LUX Group $290,000
Listed by The LUX Group
Feb 25, 2005 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 825
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 293,594
  • Total Building Area: 1,784
  • Gross Building Area: 5,913
  • Building Area: 1,784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,784
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006740
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sturbridge School District
  • Census Tract: 758104

Geography

  • Account Number: 665-03951-096
  • District: 287
  • Parcel: STUR M:665 B:000 L:3951-096
  • Lot: 3951-96
  • Municipality: STURBRIDGE
  • Latitude: 42.0773
  • Longitude: -72.0637

    Address

  • Full Address: 96 Wallace Rd
  • Address - House Number: 96
  • Address - Street Name: Wallace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sturbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1426
  • Zip Code: 01566

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $767,900

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 456,962
  • High Value: 539,890
  • Low Value: 374,035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $465,700
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $362,800

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Apr 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38878
  • Previous Sale Recording Date: Feb 25, 2005
  • Previous Sale Amount: $110,000
  • 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 Sturbridge

Stats & Trends

Median Asking:

$484,950

Sale Price/ft²

$268

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1975 ft²

Average Home Age

77.1 years

Currently For Sale

9 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# 72572853

Frequently Asked Questions

When was property at 96 Wallace Road built and last sold?
The property at 96 Wallace Road was built in 1938 and last sold on Apr 14, 2020 for $294,000.
How much is this home worth?
The estimated value of the home located at 96 Wallace Road is $318,706.
What are some comparable homes to 96 Wallace Road?
There are currently no comparable homes to 96 Wallace Road.
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