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Worcester
171 West St
$165,000
● House - Off Market

171 West St

Berlin, MA 01503
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,449 Ft²
$202,808
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

CRAFTSMAN/CRAFTSWOMAN WANTED! THIS ONCE BEAUTY IS IN NEED OF A FULL RESTORATION. SOME SAVABLE FEATURES INCLUDING HARDWOODS. THE HOUSE WILL NOT QUALIFY FOR CONVENTIONAL FINANCING AND COULD BE A TEAR DOWN. KNOB AND TUBE WIRING IN THE HOME. ALL DEBRIS TO STAY WITH HOME. AS IS SALE. ESTATE SALE. NO WARRANTIES FROM ESTATE ON CONDITION OF HOME, SEPTIC OR PROPERTY. ACCESS PROPERTY AND INTERIOR OF HOME AT YOUR OWN RISK. BUYER DUE DILIGENCE ON ALL HISTORICAL COMMISSION POTENTIAL RESTRICTIONS AND PROCEDURES.
Unit Size
1,449 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$135
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1867

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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 #72982453)

Price History

Date / Event Date Event Price
Sep 2, 2022 Sold
Premium
Sold
May 16, 2022 Listed by Bridge Realty $195,000
Listed by Bridge Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1867
  • Effective Year Built: 1867
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,935
  • Total Building Area: 1,449
  • Gross Building Area: 2,674
  • Building Area: 1,449
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,449
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000343
  • 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:0142 B:0004 L:0000-0
  • Block: 4
  • Municipality: BERLIN
  • Latitude: 42.3866
  • Longitude: -71.6566

    Address

  • Full Address: 171 West St
  • Address - House Number: 171
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Berlin
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $473,900

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 54
  • Final Value: 510,787
  • High Value: 627,977
  • Low Value: 393,596

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $371,700
  • Assessed Land Value: $165,200
  • Assessed Improvements Value: $206,500

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Sep 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 97455
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

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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: 4 months ago
Data Source: MLS PIN, MLS# 72982453

Frequently Asked Questions

When was property at 171 West Street built and last sold?
The property at 171 West Street was built in 1867 and last sold on Aug 23, 2022 for $165,000.
How much is this home worth?
The estimated value of the home located at 171 West Street is $203,976.
What are some comparable homes to 171 West Street?
There are currently no comparable homes to 171 West Street.
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