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Worcester 01535
25 Oakham Rd
$150,000
● House - Off Market

25 Oakham Rd

North Brookfield, MA 01535
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,584 Ft²
$183,012
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

INVESTORS, BUILDERS and CASH BUYERS, are you looking for your next project? Take notice of this 1849 antique farmhouse on over 16 acres of land with possible additional building lots. You'll find great bones and tons of potential inside this 4+ bedroom property. In a prime location, accessible to local amenities, this spacious single family is waiting to be restored back to its former beauty. Home being sold in "as-is" condition and may not qualify for all types of financing. CASH or REHAB loan preferred. Buyer is responsible for title V and smoke cert. *HIGHEST & BEST due Tuesday 8/16 by 5P
Unit Size
2,584 Ft²
Days on Market
-
Land Size
16.85 acres
Price per sqft
$68
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1849

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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 #73022793)

Price History

Date / Event Date Event Price
Oct 3, 2022 Sold
Premium
Sold
Aug 8, 2022 Listed by EXIT Real Estate Executives $174,900
Listed by EXIT Real Estate Executives
Dec 6, 2000 Sold
Premium
Sold
Jul 10, 2000 Listed by EXIT Real Estate Executives $124,900
Listed by EXIT Real Estate Executives

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1849
  • Effective Year Built: 1849
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 1
  • 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: 733,986
  • Total Building Area: 2,584
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000016850
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Brookfield School District
  • School Tax School District: N BROOKFIELD SD
  • Census Tract: 725100

Zoning

  • Zoning: 30

Geography

  • Parcel: NBFD M:021 B:00083 L:00250
  • Block: 83
  • Lot: 250
  • Municipality: NORTH BROOKFIELD
  • Latitude: 42.2816
  • Longitude: -72.0752

    Address

  • Full Address: 25 Oakham Rd
  • Address - House Number: 25
  • Address - Street Name: Oakham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Brookfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 2031
  • Zip Code: 01535

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $418,500

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 54
  • Final Value: 348,531
  • High Value: 427,782
  • Low Value: 269,279

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $318,700
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $215,800

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108273
  • Previous Sale Recording Date: Dec 06, 2000
  • Previous Sale Amount: $123,000
  • 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

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: 4 months ago
Data Source: MLS PIN, MLS# 73022793

Frequently Asked Questions

When was property at 25 Oakham Road built and last sold?
The property at 25 Oakham Road was built in 1849 and last sold on Oct 3, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 25 Oakham Road is $200,098.
What are some comparable homes to 25 Oakham Road?
There are currently no comparable homes to 25 Oakham Road.
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