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North Brookfield 01535
28 Forest Street
$135,000
● House - Off Market

28 Forest Street

North Brookfield, MA 01535
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,274 Ft²
$1,000
Est. Monthly

About This Property

Attention all investors, remodelers and property managers. This is an opportunity of the year to start your new year with a great investment. Great location. This property has a chance to be converted or approved for a 2 family due to its nature and separate entrances (2 stair cases). The house needs everything inside and is being offered AS IS. No heat source in the house. The town has natural gas. The buyer and / or their agent to do all due diligence as all offers must be accompanied by a non-refundable deposit. The listing agent is also the owner / seller. Please use caution while using stairs to the basement.
Unit Size
2,274 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$66
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1865

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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 months ago (MLSPIN #73191666)

Price History

Date / Event Date Event Price
Feb 21, 2024 Sold
Premium
Sold
Jan 30, 2024 In contract -
In contract
Jan 8, 2024 Listed by East Key Realty $149,000
Listed by East Key Realty
Dec 26, 2023 Sold
Premium
Sold
Jan 31, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1865
  • Effective Year Built: 1865
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • 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: 9,583
  • Total Building Area: 2,274
  • Building Area: 2,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 2,274
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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: 11

Geography

  • Parcel: NBFD M:104 B:00017 L:00280
  • Block: 17
  • Lot: 280
  • Municipality: NORTH BROOKFIELD
  • Latitude: 42.2711
  • Longitude: -72.081

    Address

  • Full Address: 28 Forest St
  • Address - House Number: 28
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Brookfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1979
  • Zip Code: 01535

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $338,500

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 150,070
  • High Value: 162,879
  • Low Value: 137,262

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $257,800
  • Assessed Land Value: $59,800
  • Assessed Improvements Value: $198,000

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12534
  • Previous Sale Recording Date: Dec 26, 2023
  • Previous Sale Contract Date: Dec 21, 2023
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: O
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 North Brookfield

Stats & Trends

Median Asking:

$387,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1928 ft²

Average Home Age

101.5 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 73191666

Frequently Asked Questions

When was property at 28 Forest Street built and last sold?
The property at 28 Forest Street was built in 1865 and last sold on Feb 15, 2024 for $135,000.
How much is this home worth?
The estimated value of the home located at 28 Forest Street is $164,978.
What are some comparable homes to 28 Forest Street?
There are currently no comparable homes to 28 Forest Street.
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