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    Property profile & analytics

    40 Main St, Unit 44 Sterling, MA 01564-2127

    • Investment properties
    • 4,329 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Last Sale
    Jul 30, 2024
    $575,000
    Location Intelligence
    Property ID
    US38-1089873
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 40 Main St

    Year built
    1800
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Property size
    4,329 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    STER M:00092 L:00075
    APU
    STERM00092L00075

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $575,000

    • CAP approach

      CAP return
      Estimation
      6%
      $605,000
      6.5%
      $595,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $645,000
      Retail
      $620,000
      Mixed-Use
      $620,000
      Hospitality
      $625,000
      Educational
      $500,000
      Residential Income
      $530,000
      Energy
      $550,000
      Income-Based Land
      $535,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7592
    Latitude
    42.4382
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,275
    $131,400
    $264,900
    $396,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $140,000
      7.27 Acres

      125 Clinton Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 7.27 Acres
      125 Clinton Rd, Sterling, MA 01564-2357
      View Details
    • Value Estimation
      $290,000
      2,170 SF

      13 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,170 SF
      13 Main St, Sterling, MA 01564-2126
      View Details
    • Value Estimation by Request
      1.00 Acre

      7 Crowley Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      7 Crowley Rd, Sterling, MA 01564-2413
      View Details
    • Value Estimation
      $315,000
      4,977 SF

      9 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,977 SF
      9 Main St, Sterling, MA 01564-2126
      View Details
    • Value Estimation
      $270,000
      0.35 Acres

      237 Worcester Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.35 Acres
      237 Worcester Rd, Sterling, MA 01564
      View Details
    • Value Estimation
      $260,000
      3,666 SF

      78 Worcester Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,666 SF
      78 Worcester Rd, Sterling, MA 01564-1466
      View Details

    Similar Nearby for Sale

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      5.3-acre mixed-use land parcel near Mt. Wachusett.
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      View Details
    • $799,900
      5.30 Acres

      Development Opportunity Near Mt. Wachusett

      5.3 acres for redevelopment or restoration near Mt. Wachusett.
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    • $844,900
      5.30 Acres

      Sterling Inn Redevelopment Opportunity

      Historic Hotel & Mixed-Use Land
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    • $699,900

      20.9 Acres with Small House

      Land with house and barn, potential tear down.
      121 &125 Flanagan Hl, Sterling, MA 01564
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    • $4,500,000

      Sterling Land Near Airport

      Land available near Sterling Airport, suitable for light industrial use.
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    • $249,900

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      Conforming lot in a country location with town water access.
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    40 Main St, Unit 44
    Sterling, MA 01564-2127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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