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Worcester
3 Oak Street
$440,000
● House - Off Market

3 Oak Street

Berlin, MA 01503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,522 Ft²
$459,979
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

If you are looking for a home in the wonderful town of Berlin, with easy access to highways, major routes & shopping, your search ends here.  Don't miss your opportunity to preview this 3-4 bedroom home with 2 full updated baths, large kitchen for cooking your exquisite meals, to be served in your oversized dining room.  Enjoy entertaining quests, and sitting by the warmth of the fireplace on those cold winter nights, or outside on the rear patio on warm summers days. This home has so much warmth & charm, and is looking for a new owner to call it their own and create wonderful memories here. Call today to schedule your personal showing.
Unit Size
1,522 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$295
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1946

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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 #72989377)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
May 31, 2022 Listed by ERA Key Realty Services- Fram $449,600
Listed by ERA Key Realty Services- Fram
Sep 26, 2013 Sold
Premium
Sold
Jul 5, 2013 Listed by ERA Key Realty Services- Fram $249,900
Listed by ERA Key Realty Services- Fram
Jul 1, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 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: 22,519
  • Total Building Area: 1,522
  • Gross Building Area: 3,070
  • Building Area: 1,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,522
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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:0104 B:0021 L:0000-0
  • Block: 21
  • Municipality: BERLIN
  • Latitude: 42.3816
  • Longitude: -71.6333

    Address

  • Full Address: 3 Oak St
  • Address - House Number: 3
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1635
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $498,800

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 452,673
  • High Value: 532,192
  • Low Value: 373,154

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,200
  • Assessed Land Value: $199,500
  • Assessed Improvements Value: $191,700

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82751
  • Previous Sale Recording Date: Sep 26, 2013
  • Previous Sale Amount: $245,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72989377

Frequently Asked Questions

When was property at 3 Oak Street built and last sold?
The property at 3 Oak Street was built in 1946 and last sold on Jul 28, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 3 Oak Street is $445,857.
What are some comparable homes to 3 Oak Street?
There are currently no comparable homes to 3 Oak Street.
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