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Worcester 01515
182 Red Gable Rd
$175,000
● House - Off Market

182 Red Gable Rd

East Brookfield, MA 01515
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
660 Ft²
$285,953
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Year Round living on Quaboag Lake in E Brookfield!  This peaceful cottage offers a nice open floor plan with vaulted ceilings and lovely views of the lake.  The current family has enjoyed this property for many years,  Great space for entertaining and summer cookouts.  Space on the water to add a boat dock or launch your boat from the 30 space boat ramp on the opposite side of the lake.  NO association fee!  Some updating will be needed and priced accordingly. New hot water heater just installed!  Electric heat in all rooms but can also be heated with the wood stove in the basement that conveys to the new owner. Detached one car garage and 2 storage sheds are on the property across the street for additional storage.  Vacant and easy to show.  Just log in with Showingtime
Unit Size
660 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$273
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72196892)

Price History

Date / Event Date Event Price
Oct 6, 2017 Sold
Premium
Sold
Jul 12, 2017 Listed by EXIT Realty Partners $179,900
Listed by EXIT Realty Partners
Jun 15, 1984 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 2
  • Basement Area: 660
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 650
  • Gross Building Area: 2,010
  • Building Area: 650
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 650
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • Census Tract: 759100

Zoning

  • Zoning: R

Geography

  • Account Number: 840121019900120
  • District: 84
  • Parcel: EBRO M:0121 B:0199 L:00120
  • Block: 199
  • Lot: 120
  • Municipality: EAST BROOKFIELD
  • Latitude: 42.198
  • Longitude: -72.0611

    Address

  • Full Address: 182 Red Gable Rd
  • Address - House Number: 182
  • Address - Street Name: Red Gable
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: East Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2036
  • Zip Code: 01515

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $436,700

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 370,853
  • High Value: 446,828
  • Low Value: 294,879

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $342,000
  • Assessed Land Value: $172,100
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Recording Date: Oct 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111005
  • Previous Sale Recording Date: Jun 15, 1984
  • Previous Sale Amount: $58,000
  • 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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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# 72196892

Frequently Asked Questions

When was property at 182 Red Gable Road built and last sold?
The property at 182 Red Gable Road was built in 1930 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 182 Red Gable Road is $181,955.
What are some comparable homes to 182 Red Gable Road?
There are currently no comparable homes to 182 Red Gable Road.
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