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Hampden
122 Brookfield Rd
$125,000
● Land - Off Market

122 Brookfield Rd

Brimfield, MA 01010
bedrooms
Studio
bathrooms
0 Bath
$154,465
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Lakefront living. This is one of the nicest waterfront lots in the area. The land pours out into the lake and has plenty of lake frontage. This is a legal building lot. Come build your dream home on this wonderful lot with loads of privacy and beautiful waterfront views. The exposure over the water is to the South and trees can be cleared away to open up more of the view to the West and East. This is a wonderful opportunity to own a vacation home all year round. Lots of things to be done on the lake throughout the year.
Unit Size
-
Days on Market
-
Land Size
1.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$223
HOA Dues
-
Year Built
1925

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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 #72856207)

Price History

Date / Event Date Event Price
Mar 18, 2022 Sold
Premium
Sold
Jun 23, 2021 Listed by Keller Williams Realty $150,000
Listed by Keller Williams Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 166
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,109
  • Total Building Area: 1,032
  • Gross Building Area: 1,864
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000645
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brimfield School District
  • Census Tract: 813802

Zoning

  • Zoning: AR

Geography

  • District: 43
  • Parcel: BRIM M:006D B:000B L:0002
  • Block: B
  • Lot: 2
  • Municipality: BRIMFIELD
  • Latitude: 42.1385
  • Longitude: -72.1951

    Address

  • Full Address: 122 Brookfield Rd
  • Address - House Number: 122
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brimfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 9730
  • Zip Code: 01010

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $338,300

    Appraisal Valuation

  • Standard Deviation: 0.2155
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 261,570
  • High Value: 317,932
  • Low Value: 205,207

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $231,400
  • Assessed Land Value: $148,900
  • Assessed Improvements Value: $82,500

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16677

    Financing

  • First Mortgage Financing Type: ADJ
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2122 ft²

Average Home Age

79 years

Currently For Sale

860 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# 72856207

Frequently Asked Questions

When was property at 122 Brookfield Road built and last sold?
The property at 122 Brookfield Road was built in 1925 and last sold on Mar 18, 2022 for $125,000.
How much is this home worth?
The estimated value of the home located at 122 Brookfield Road is $201,899.
What are some comparable homes to 122 Brookfield Road?
There are currently no comparable homes to 122 Brookfield Road.
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