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Worcester
312 South St
$437,000
● House - Off Market

312 South St

Berlin, MA 01503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,052 Ft²
$585,562
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

If you are looking to get away from the hustle and bustle of the city, this idyllic town is the perfect place for you. This 3 bedroom, two bath newly constructed modern home offers over 2000 sq. ft of living space, and has a terrific open floor plan. Located on a flat, level half acre lot that is perfect for outdoor entertaining or gardening, with apple, peach and cherry trees already established. This home has central air, the kitchen is equipped with stainless steel appliances, and granite counter tops. The home is close to many local schools. The 2nd story has newly installed bamboo flooring. This finished basement is wire for sound systems and projectors. Close to major highways, is a manageable commute into Boston, or a reasonable drive away from Westborough transit station. Come make this your forever home.
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$208
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
2007

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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: 6 months ago (MLSPIN #72664777)

Price History

Date / Event Date Event Price
Aug 26, 2020 Sold
Premium
Sold
May 31, 2020 Listed by Homefront Realty $427,500
Listed by Homefront Realty
Jul 9, 2012 Sold
Premium
Sold
Nov 8, 2011 Listed by Homefront Realty $215,055
Listed by Homefront Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 21,295
  • Total Building Area: 2,052
  • Gross Building Area: 3,939
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • 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:0020 B:0010 L:0000-0
  • Block: 10
  • Municipality: BERLIN
  • Latitude: 42.3595
  • Longitude: -71.6265

    Address

  • Full Address: 312 South St
  • Address - House Number: 312
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1626
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $729,300

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 606,480
  • High Value: 701,352
  • Low Value: 511,609

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $572,000
  • Assessed Land Value: $195,000
  • Assessed Improvements Value: $377,000

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96488
  • Previous Sale Recording Date: Jul 09, 2012
  • Previous Sale Amount: $230,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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: 6 months ago
Data Source: MLS PIN, MLS# 72664777

Frequently Asked Questions

When was property at 312 South Street built and last sold?
The property at 312 South Street was built in 2007 and last sold on Aug 21, 2020 for $437,000.
How much is this home worth?
The estimated value of the home located at 312 South Street is $437,810.
What are some comparable homes to 312 South Street?
There are currently no comparable homes to 312 South Street.
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