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Worcester 01506
131 Rice Corner Rd
$315,000
● House - Off Market

131 Rice Corner Rd

Brookfield, MA 01506
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,650 Ft²
$741,667
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model

About This Property

GORGEOUS OVERSIZED COLONIAL ON A NICE COUNTRY 2+ ACRE LOT. BEAUTIFUL CABINET PACKED CUSTOM CHERRY KITCHEN FIT FOR A CHEF W/ A HUGE PENINSULA,GRANITE COUNTER TOPS, CUSTOM SS DOWN DRAFT. BUMPED OUT BREAKFAST AREA, SUNK IN FIREPLACED LIVING RM, FORMAL DINING, LIBRARY/OFFICE/DEN, AWESOME MASTER SUITE W/ TREY CEILING, HUGE MASTER BATH W/ JAC TUB/DOUBLE SINKS/MASSIVE WALK IN CLOSET, 2ND FL LAUNDRY,BRAZ.CHERRY HARDWOODS, DET 2 CAR GARAGE W/ STORAGE, NICE LOT, GREAT COMMUTER LOCATION!
Unit Size
2,650 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$121
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
2003

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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: 6 months ago (MLSPIN #71298395)

Price History

Date / Event Date Event Price
Nov 12, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by Quaboag Valley Real Estate $449,900
Listed by Quaboag Valley Real Estate
Jan 27, 2012 Sold
Premium
Sold
Oct 10, 2011 Listed by Quaboag Valley Real Estate $319,900
Listed by Quaboag Valley Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,352
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,169
  • Total Building Area: 2,632
  • Gross Building Area: 4,152
  • Building Area: 2,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLES & LILLIAN WOODMAN
  • Land Acres: 0000002070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Account Number: 45002C000
  • Parcel: BROO M:002C B:0000 L:0002I
  • Lot: 2I
  • Municipality: BROOKFIELD
  • Latitude: 42.1689
  • Longitude: -72.0944

    Address

  • Full Address: 131 Rice Corner Rd
  • Address - House Number: 131
  • Address - Street Name: Rice Corner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1806
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $889,700

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 662,386
  • High Value: 770,311
  • Low Value: 554,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $585,300
  • Assessed Land Value: $68,700
  • Assessed Improvements Value: $516,600

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137948
  • Previous Sale Recording Date: Jan 27, 2012
  • Previous Sale Amount: $315,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2372 ft²

Average Home Age

65 years

Currently For Sale

2022 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: 6 months ago
Data Source: MLS PIN, MLS# 71298395

Frequently Asked Questions

When was property at 131 Rice Corner Road built and last sold?
The property at 131 Rice Corner Road was built in 2003 and last sold on Nov 6, 2020 for $505,000.
How much is this home worth?
The estimated value of the home located at 131 Rice Corner Road is $468,005.
What are some comparable homes to 131 Rice Corner Road?
There are currently no comparable homes to 131 Rice Corner Road.
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