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Worcester 01585
16 Pierce Rd
$425,000
● House - Off Market

16 Pierce Rd

West Brookfield, MA 01585
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,264 Ft²
$450,654
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

GUARANTEED NOT TO LAST!  This 3 bedroom, 2 bath, raised ranch is set on tranquil Brookhaven Lake.  Sit on the back deck for your morning coffee and enjoy the solitude of this lake.  Dock with bench included for your canoe, kayak or row boat.  The upper level of this raised ranch includes 2 bedrooms, full bath with laundry, fully applianced kitchen, dining area offers a slider that leads out to the deck overlooking the lake and large living room with picture window.  The lower level contains a bedroom and full bath.  The views are breathtaking and is right off Route 9. Garage under.  LOCATION! LOCATION!  LOCATION!
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$356
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1996

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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: 4 months ago (MLSPIN #73120776)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
Jun 11, 2023 In contract -
In contract
Jun 6, 2023 Listed by Post Road Realty $449,900
Listed by Post Road Realty
Mar 7, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,264
  • Gross Building Area: 2,560
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • School Tax School District: QUABOAG RGNL SD
  • Census Tract: 724100

Zoning

  • Zoning: RR

Geography

  • Account Number: 3230510000700000
  • Parcel: WBFD M:051 B:00007 L:00000
  • Block: 7
  • Municipality: WEST BROOKFIELD
  • Latitude: 42.2582
  • Longitude: -72.1853

    Address

  • Full Address: 16 Pierce Rd
  • Address - House Number: 16
  • Address - Street Name: Pierce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 3037
  • Zip Code: 01585

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 405,504
  • High Value: 475,132
  • Low Value: 335,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,500
  • Assessed Land Value: $54,400
  • Assessed Improvements Value: $243,100

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51582
  • Previous Sale Recording Date: Mar 07, 1997
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 27
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73120776

Frequently Asked Questions

When was property at 16 Pierce Road built and last sold?
The property at 16 Pierce Road was built in 1996 and last sold on Jun 15, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 16 Pierce Road is $448,499.
What are some comparable homes to 16 Pierce Road?
There are currently no comparable homes to 16 Pierce Road.
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