Lorraine Herbert, CRB, CRS, GRI, ABR, ABRM, CLHMS, CDPE, CIAS, HAFA certified, LMS.


This Single-Family in Sturbridge, MA recently sold for $145,000. This Ranch style home was sold by Lorraine Herbert - RE/MAX Professional Associates.


143 Main St, Sturbridge, MA 01566

Single-Family

$165,000
Price
$145,000
Sale Price

5
Rooms
2
Beds
1
Baths
**Seller will install new well prior to closing***Back on market!!! Being sold as-is. Lovely updated 2BR home tucked away off Main St. Don't let the shared driveway scare you, this home sits on nearly an acre of land, and has PLENTY of parking! This home features a newly renovated, cabinet packed, kitchen with tiled backsplash and granite countertops. Large 7 person island is great for entertaining. Kitchen opens into family room and three-season porch. Cozy living room with bay windows. Large master bedroom with high ceilings. The bathroom has been recently remodeled. The patio in the front with built-in fireplace is sure to provide great entertainment and memories. Oversized one car garage with extra storage space round outs this home. The roof has been redone in the last 10 years. All replacement windows and vinyl siding. Furnace is 6 years old.




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Image by Jens Neumann from Pixabay

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  • Cash-on-Cash Returns
  • Investing in real estate is not cheap. You’re essentially taking money you have (liquid assets) and putting them into an asset that you can’t liquidate within a day or two. If those liquid assets were earning interest, your goal should be to earn a fair cash-on-cash rate of return on the investment. Look for properties that are cash flow positive to get a modest return.

  • Low on Risk
  • Any time you get into real estate investing it’s high risk, but there are things you can do to reduce the risk such as being diligent in analyzing, testing, and reviewing information on the property to ensure it has low risk. Another alternative would be having fee simple title ownership, which makes things very easy.

  • Low on Management
  • The perfect scenario would be having a real estate investment property that doesn’t take up too much time in managing it. College rentals, vacation rentals and other properties in this scope that allow you to rent as long as you can to one tenant with decent credit is ideal. When you have a property like this, have a good rapport with your tenants and quickly address issues, you’re in a great space.

    These are just three examples of great real estate investments that can give you a return on your investment and pose the least risk. To be successful at finding great real estate investments, you must have knowledge of the industry, the ability to recognize an under-valued property, patience, a working knowledge of how to estimate rehab costs, a vision of how you want the property to look, the ability to build relationships with others, money and opportunity.

    It’s easy to think you can get things accomplished fairly quickly, but it’s very important to have a good grasp of what to expect, anticipate problems, and be able to pivot when you need to. A good realtor will be able to advise you on upcoming properties and provide insight where you have questions. The bright side? The more rehabs you do, the more knowledge you will gain and you’ll become familiar with other investors who know the ropes. Real estate investing is nothing new - it’s all about being able to spot the jewel in the sand. With a little time and effort, you'll be well on your way to investing like a pro!



    27 Cranberry Meadow Shore Rd, Charlton, MA 01507

    Single-Family

    $499,900
    Price

    8
    Rooms
    3
    Beds
    2/1
    Full/Half Baths
    Imagine "Living on the Water" with this spectacular triple lot Waterfront home on Cranberry Meadow Pond!!! Exciting contemporary feel, thanks to a major 2006 addition which included new systems. Modern open layout maximizes lake front living with amazing water views from every part of the home! Striking cathedral Great Room, upscale Kitchen with new stainless steel appliances, huge Master Bedroom with full whirlpool Bath and walk-in Closet, two additional Bedrooms, 2nd full Bath and Laundry Room on the main floor. One of the finished Lower levels has very large Family Room and sliders to deck and convenient half Bath. Additionally there is a 2nd walk-out finished lower level area with water views from both the Office and the Flex Rm/Den and also sliders to the deck. Cozy Pellet stove in Bsmt with handy work bench. Composite Sun Deck with firepit overlooks the extensive water's edge with dock and lush private yard with playset. Showings available now!
    Open House
    Saturday
    January 18 at 12:30 PM to 2:00 PM
    Imagine "Living on the Water" with this spectacular triple lot Waterfront home on Cranberry Meadow Pond!!! Exciting contemporary feel, thanks to a major 2006 addition which included new systems. Modern open layout maximizes lake front living with amazing water views from every part of the home! Striking cathedral Great Room, upscale Kitchen with new stainless steel appliances, huge Master Bedroom with full whirlpool Bath and walk-in Closet, two additional Bedrooms, 2nd full Bath and Laundry Room
    Cannot make the Open Houses?
    Location: 27 Cranberry Meadow Shore Rd, Charlton, MA 01507    Get Directions





    226 Podunk Road, Sturbridge, MA 01566

    Single-Family

    $619,600
    Price

    8
    Rooms
    4
    Beds
    2/1
    Full/Half Baths
    COME HOME TO STURBRIDGE! Crossroads of New England, amazing prices, highly rated schools!!! Ready Now, must see exquisite New Construction! Spectacular 4 BR home features luxurious finishes & detailing, modern open plan, gleaming first floor hardwoods, french doors and recessed lights galore. Upscale Kitchen w/white cabinets, granite countertops and amazing 5 x 7 center island, huge Family Room, bright Sun Room with cozy fireplace, formal Dining Room and convenient first floor 4th Bedroom or Study complete the first floor. Two story Foyer to 2nd floor Bedrooms which include large Master with walk-in Closet plus second Closet and full tiled Bath with double sinks, whirlpool tub and steam shower, two additional large Bedrooms and 2nd tiled full Bath. Special feature fabulous walk out Basement w/14 windows & rough plumbed for full Bath can be completed & used as: In-law, additional living area, Pool Hs, Playroom, Ofc, etc. Wonderful large level & private yard, excellent commuter location!
    Open House
    Saturday
    January 18 at 11:00 AM to 1:00 PM
    COME HOME TO STURBRIDGE! Crossroads of New England, amazing prices, highly rated schools!!! Ready Now, must see exquisite New Construction! Spectacular 4 BR home features luxurious finishes & detailing, modern open plan, gleaming first floor hardwoods, french doors and recessed lights galore. Upscale Kitchen w/white cabinets, granite countertops and amazing 5 x 7 center island, huge Family Room, bright Sun Room with cozy fireplace, formal Dining Room and convenient first floor 4th Bedroom
    Cannot make the Open Houses?
    Location: 226 Podunk Road, Sturbridge, MA 01566    Get Directions





    127 Walker Pond Rd, Sturbridge, MA 01566

    Single-Family

    $339,900
    Price

    7
    Rooms
    3
    Beds
    2
    Baths
    Private location in sought after Walker Pond neighborhood with the wonderful amenities of beaches, tennis court, trails and stables, This large split was completely renovated in the last few years to include roof, windows, flooring, kitchen, baths and more. Bright, wide open main floor features Living Room area with hardwoods, fireplace with cozy pellet stove insert, tiled Kitchen with upgraded Kraftmaid cabinets, granite countertops, ss appliances and huge center "L" shaped island and Dining area with hardwoods which opens to 3 season glassed Sun Room with skylight! Main level Bedroom wing has hardwoods and includes Master with double closets and full tiled Bath, 2 additional Bedrooms and 2nd full tiled Bath. Finished lower level is large Family Room with fireplace, woodstove insert and new waterproof laminate flooring. Sunroom opens to Trex deck with covered hot tub and open sun area. 2 car Garage and shed!
    Open House
    Sunday
    January 19 at 11:00 AM to 12:30 PM
    Cannot make the Open Houses?
    Location: 127 Walker Pond Rd, Sturbridge, MA 01566    Get Directions






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