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Worcester
194 River Road West
$395,000
● House - Off Market

194 River Road West

Berlin, MA 01503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$627,784
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Country living with the convenience of the city. This 3 bedroom, 2 bath home has an extensive list of updates and nearly 2000 square feet. With over an acre of land, a working farm with goats as one neighbor, a hay field and red barn as another neighbor, and Gates Pond Brook bordering your property, you will feel the peace of a country estate, all while having easy access to I-290, I-495, Solomon Pond Mall, Target, the downtowns of Berlin and Hudson, and more. Brand new siding, gutters, patio, and kitchen remodel. Newer boiler, roof, vinyl replacement windows, and bathroom remodel with radiant floor heating. Deleaded. Few homes in the area can rival this quality and convenience.
Unit Size
1,996 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$208
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1890

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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 #72350263)

Price History

Date / Event Date Event Price
Aug 30, 2018 Sold
Premium
Sold
Jun 21, 2018 Listed by Truesdale Realty $415,000
Listed by Truesdale Realty
Aug 24, 2009 Sold
Premium
Sold
Jan 23, 2009 Listed by Truesdale Realty $334,000
Listed by Truesdale Realty
Sep 18, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 46,609
  • Total Building Area: 1,902
  • Gross Building Area: 4,027
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • 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:0070 B:0031 L:0000-0
  • Block: 31
  • Municipality: BERLIN
  • Latitude: 42.3625
  • Longitude: -71.6105

    Address

  • Full Address: 194 River Rd W
  • Address - House Number: 194
  • Street Segment Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1650
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,200

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 567,904
  • High Value: 671,167
  • Low Value: 464,642

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,600
  • Assessed Land Value: $249,900
  • Assessed Improvements Value: $246,700

    Sales

  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91542
  • Previous Sale Recording Date: Aug 24, 2009
  • Previous Sale Amount: $330,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 72350263

Frequently Asked Questions

When was property at 194 River Road West built and last sold?
The property at 194 River Road West was built in 1890 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 194 River Road West is $423,347.
What are some comparable homes to 194 River Road West?
There are currently no comparable homes to 194 River Road West.
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