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Worcester
160 Gates Pond Road
$545,000
● House - Off Market

160 Gates Pond Road

Berlin, MA 01503
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,388 Ft²
$895,129
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

If your looking to move to the country this could be your chance!  New construction located in the heart of Berlin with great access to all major highways!  This home is located on a 1.97 acre picturesque lot!  Open floor plan with 8' Ceilings, Propane Fireplace, Granite Countertops, Hardwood and Second Floor Laundry.  Master Bath offers a shower unit and also a tub!   Off the back is a relaxing deck overlooking your beautiful yard!  Don't wait this one won't last long!!
Unit Size
2,388 Ft²
Days on Market
-
Land Size
1.97 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #72122547)

Price History

Date / Event Date Event Price
Apr 27, 2017 Sold
Premium
Sold
Feb 24, 2017 Listed by EXIT Assurance Realty $549,000
Listed by EXIT Assurance Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,663
  • Total Building Area: 2,813
  • Gross Building Area: 4,846
  • Building Area: 2,813
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,813
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001967
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Berlin School District
  • Census Tract: 717100

Geography

  • District: 28
  • Parcel: BERL M:0170 B:0028 L:0002-0
  • Block: 28
  • Lot: 2-0
  • Municipality: BERLIN
  • Latitude: 42.3883
  • Longitude: -71.5924

    Address

  • Full Address: 160 Gates Pond Rd
  • Address - House Number: 160
  • Address - Street Name: Gates Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1307
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,002,000

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 799,854
  • High Value: 924,737
  • Low Value: 674,971

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $785,900
  • Assessed Land Value: $260,200
  • Assessed Improvements Value: $525,700

    Sales

  • Current Sale Recording Date: Apr 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42179
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72122547

Frequently Asked Questions

When was property at 160 Gates Pond Road built and last sold?
The property at 160 Gates Pond Road was built in 2016 and last sold on Jan 1, 1970 for $545,000.
How much is this home worth?
The estimated value of the home located at 160 Gates Pond Road is $558,831.
What are some comparable homes to 160 Gates Pond Road?
There are currently no comparable homes to 160 Gates Pond Road.
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