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Worcester 01506
1 Lake View Ave.
$275,000
● House - Off Market

1 Lake View Ave.

Brookfield, MA 01506
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,375 Ft²
$288,826
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

OFFERS DUE BY SUNDAY, JUNE 6 -  5PM! Step back in time with this quintessential 3 bedroom 1 bath home located within walking distance to Quaboag Pond. This home has been meticulously maintained and loved throughout the years. Many updates include all new plumbing last summer, new water heater, new roof & siding about 4 years ago, heating system about 10 years old & serviced annually. You will fall in love with the wide pine floors, rustic ceiling beams, adorable porch to sip your morning coffee on, huge back deck to enjoy nature at its finest in your private, fenced in yard on a quiet street in Brookfield. Wonderful Tantasqua School District! Call today to make this slice of heaven, home. Checkout our 360 tour online!
Unit Size
1,375 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$182
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #72842355)

Price History

Date / Event Date Event Price
Mar 13, 2024 Sold
Premium
Sold
Jul 20, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by ERA Key Realty Services- Spenc $249,900
Listed by ERA Key Realty Services- Spenc
Jul 1, 1975 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 650
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,458
  • Total Building Area: 1,375
  • Gross Building Area: 2,954
  • Building Area: 1,375
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,375
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000286
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brookfield School District
  • Census Tract: 760100

Zoning

  • Zoning: V

Geography

  • Account Number: 45005E000
  • Parcel: BROO M:005E B:0000 L:00280
  • Lot: 280
  • Municipality: BROOKFIELD
  • Latitude: 42.206
  • Longitude: -72.0711

    Address

  • Full Address: 1 Lake View Ave
  • Address - House Number: 1
  • Address - Street Name: Lake View
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1863
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $429,100

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 322,261
  • High Value: 349,951
  • Low Value: 294,571

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $282,300
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $246,300

    Sales

  • Current Sale Contract Date: Mar 13, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17862
  • Previous Sale Recording Date: Jul 20, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $275,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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 years ago
Data Source: MLS PIN, MLS# 72842355

Frequently Asked Questions

When was property at 1 Lakeview Avenue built and last sold?
The property at 1 Lakeview Avenue was built in 1950 and last sold on Mar 13, 2024 for $310,000.
How much is this home worth?
The estimated value of the home located at 1 Lakeview Avenue is $0.
What are some comparable homes to 1 Lakeview Avenue?
There are currently no comparable homes to 1 Lakeview Avenue.
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