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Worcester
300 North Brookfield Road
$200,000
● Land - Off Market

300 North Brookfield Road

Oakham, MA 01068
bedrooms
Studio
bathrooms
0 Bath
$199,501
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Privacy abounds on this 12½ acre estate lot bordering 500 acres of State land.  Great location only 6-8 minutes from the center of Rutland.  Beautiful lot, gently sloping up to where the lot is cleared for a house.  A 600 ft. driveway is already installed, and the lot is ready for you to build your custom dream home in the country.  Great perc test, and a septic plan for a 4 bedroom house is being designed.  The Seller can build to suit, if desired.
Unit Size
-
Days on Market
-
Land Size
12.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$118
HOA Dues
-
Year Built
-

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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 #72954768)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
Mar 18, 2022 Listed by Advantage Realty Network, Inc. $194,999
Listed by Advantage Realty Network, Inc.
Aug 6, 2021 Sold
Premium
Sold
Feb 21, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 544,500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000012500
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 721101

Geography

  • Account Number: 406-130.1
  • District: 222
  • Parcel: OAKH M:4060 B:0000 L:01301
  • Lot: 1301
  • Municipality: OAKHAM
  • Latitude: 42.3586
  • Longitude: -72.0259

    Address

  • Full Address: 300 N Brookfield Rd
  • Address - House Number: 300
  • Street Direction: N
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oakham
  • Carrier Code: R001
  • 4-Digit Zip Code: 9805
  • Zip Code: 01068

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $152,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $137,200
  • Assessed Land Value: $137,200

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77317
  • Previous Sale Recording Date: Aug 06, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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# 72954768

Frequently Asked Questions

When was property at 300 North Brookfield Road built and last sold?
The property at 300 North Brookfield Road was built in and last sold on Jul 15, 2022 for $200,000.
How much is this home worth?
The estimated value of the home located at 300 North Brookfield Road is $196,949.
What are some comparable homes to 300 North Brookfield Road?
There are currently no comparable homes to 300 North Brookfield Road.
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