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Worcester 01606 Indian Hill
1 Brookman St
$370,000
● House - Off Market

1 Brookman St

Worcester, MA 01606
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$330,453
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to 1 Brookman Street, a ranch-style home located on a quiet residential side street in northern Worcester, just minutes off of 190. The living room opens into the kitchen, which features new granite countertops and a new sink. The dining room off of the kitchen provides additional space to enjoy a home-cooked meal or entertain friends and family. The main level also includes 2 bedrooms and a recently renovated full bathroom. The home offers great outdoor space, with a deck off the kitchen and a fenced-in backyard. Other home updates were made in 2021, including installation of a new water heater and insulation through the MassSave program. Schedule your showing today!
Unit Size
924 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$357
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1962

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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: 5 months ago (MLSPIN #73109761)

Price History

Date / Event Date Event Price
Jun 13, 2023 Sold
Premium
Sold
May 16, 2023 In contract -
In contract
May 10, 2023 Listed by Keller Williams Elite $329,900
Listed by Keller Williams Elite
Apr 17, 2019 Sold
Premium
Sold
Feb 15, 2019 Listed by Keller Williams Elite $215,000
Listed by Keller Williams Elite

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 924
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 924
  • Gross Building Area: 1,884
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 49-05A-00001
  • Parcel: WORC M:49 B:05A L:00001
  • Block: 5A
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.3176
  • Longitude: -71.8195

    Address

  • Full Address: 1 Brookman St
  • Address - House Number: 1
  • Address - Street Name: Brookman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 2512
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 377,000
  • High Value: 441,899
  • Low Value: 312,101

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,800
  • Assessed Land Value: $98,000
  • Assessed Improvements Value: $179,800

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46012
  • Previous Sale Recording Date: Apr 17, 2019
  • Previous Sale Contract Date: Apr 14, 2019
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: O
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 Indian Hill

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$287

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1949 ft²

Average Home Age

78.1 years

Currently For Sale

10 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: 5 months ago
Data Source: MLS PIN, MLS# 73109761

Frequently Asked Questions

When was property at 1 Brookman Street built and last sold?
The property at 1 Brookman Street was built in 1962 and last sold on May 30, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 1 Brookman Street is $327,215.
What are some comparable homes to 1 Brookman Street?
There are currently no comparable homes to 1 Brookman Street.
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