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Worcester
19 Gibbs Rd (Lot 6)
$772,000
● House - Off Market

19 Gibbs Rd (Lot 6)

Berlin, MA 01503
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,200 Ft²
$963,694
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

NEW CONSTRUCTION AT PEACH HILL ESTATES! Another quality home by renowned builders, Rhodes Construction!  Lot is cleared and ready to build on the last remaining lot in this quaint cul-de-sac community consisting of only 5 homes, each on approximately 2 acre lots!  You'll love the quality craftsmanship, well appointed open floor plan with hardwood flooring, cathedral ceilings, crown moldings, granite counters, stainless appliances and expansive living areas! This custom colonial home features 4 bdrms 2.5 baths and 3 car garage  Enjoy over 3,000 sq.ft of country living in a quiet suburban neighborhood. Secluded area yet offers close proximity to Rte 62 & 495, Bj's, Lowe's and local dining establishments.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$242
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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: 5 years ago (MLSPIN #72670874)

Price History

Date / Event Date Event Price
Mar 16, 2021 Sold
Premium
Sold
Jun 10, 2020 Listed by RE/MAX Executive Realty $775,000
Listed by RE/MAX Executive Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,307
  • Total Building Area: 2,868
  • Gross Building Area: 6,444
  • Building Area: 2,868
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,868
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001867
  • 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:0240 B:0012 L:0005-0
  • Block: 12
  • Lot: 5-0
  • Municipality: BERLIN
  • Latitude: 42.4113
  • Longitude: -71.6419

    Address

  • Full Address: 19 Gibbs Rd
  • Address - House Number: 19
  • Address - Street Name: Gibbs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berlin
  • Carrier Code: R001
  • 4-Digit Zip Code: 2321
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,307,500

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 984,783
  • High Value: 1,119,950
  • Low Value: 849,615

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,025,500
  • Assessed Land Value: $267,400
  • Assessed Improvements Value: $758,100

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36292
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72670874

Frequently Asked Questions

When was property at 19 Gibbs Road built and last sold?
The property at 19 Gibbs Road was built in 2021 and last sold on Mar 16, 2021 for $772,000.
How much is this home worth?
The estimated value of the home located at 19 Gibbs Road is $0.
What are some comparable homes to 19 Gibbs Road?
There are currently no comparable homes to 19 Gibbs Road.
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