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Worcester
328 Old Central St
$515,000
● House - Off Market

328 Old Central St

Berlin, MA 01503
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,806 Ft²
$2,806
Est. Monthly

About This Property

Amazing Berlin Home, This 2/3 Bedroom home is super cozy with Fireplaced Living Room,  Updated Kitchen and Flooring throughout. Large Primary Bedroom with Updated Bath, Huge Shower,Pocket Door. Basement is a Walk Out  with Office Area, Laundry Room, Family Room, 3rd Bedroom/Den with Fireplace.  Located on a dead-end street & is convenient commuter location, close to I-495, Rt 62 & shopping/restaurants. Homes has a lot of Storage as well as an Attic is walkup, that could be used for storage or work space. Oversized Deck with Pergola, Multiple Sheds & Fenced In Yard.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$274
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1948

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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 #73306183)

Price History

Date / Event Date Event Price
Dec 2, 2024 Sold
Premium
Sold
Oct 30, 2024 In contract -
In contract
Oct 24, 2024 Listed by Keller Williams Boston MetroWest $495,500
Listed by Keller Williams Boston MetroWest
Nov 30, 2022 Sold
Premium
Sold
Oct 19, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,992
  • Total Building Area: 1,238
  • Gross Building Area: 3,630
  • Building Area: 1,238
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,238
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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:0210 B:0045 L:0000-0
  • Block: 45
  • Municipality: BERLIN
  • Latitude: 42.3967
  • Longitude: -71.6052

    Address

  • Full Address: 328 Old Central St
  • Address - House Number: 328
  • Address - Street Name: Old Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1210
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,900

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 433,987
  • High Value: 503,546
  • Low Value: 364,429

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $350,500
  • Assessed Land Value: $165,400
  • Assessed Improvements Value: $185,100

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127105
  • Previous Sale Recording Date: May 09, 2014
  • Previous Sale Amount: $232,500
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73306183

Frequently Asked Questions

When was property at 328 Old Central Street built and last sold?
The property at 328 Old Central Street was built in 1948 and last sold on Nov 30, 2022 for $470,000.
How much is this home worth?
The estimated value of the home located at 328 Old Central Street is $494,179.
What are some comparable homes to 328 Old Central Street?
There are currently no comparable homes to 328 Old Central Street.
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