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Worcester 01506
39 Lake Rd
$461,000
● House - Off Market

39 Lake Rd

Brookfield, MA 01506
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,893 Ft²
$448,450
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Highest and Best Offer due Tuesday at 12 pm This rare private oasis of almost 4 acres is yours for the taking! Spacious  contemporary home with 3 beds, 2 .5 baths set back from the road with ultra privacy. Basement has a finished bonus room for extra bedroom or hangout space .First  level main bedroom is a bonus! You will love the spacious feeling in the wide open high ceiling living room . Living room is full of wow factor with  high ceilings, skylights , pellet stove and double glass doors that face the oversized deck and woods in the backyard. Just off living room is oversized eat in kitchen with hardwood floors and huge kitchen island. The upstairs 2 bedrooms and bath is open to the lower level.  2 car garage and close to lake make this an ideal home to call home
Unit Size
1,893 Ft²
Days on Market
-
Land Size
3.73 acres
Price per sqft
$235
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1984

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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 #73085191)

Price History

Date / Event Date Event Price
May 18, 2023 Sold
Premium
Sold
Mar 22, 2023 In contract -
In contract
Mar 14, 2023 Listed by ERA Key Realty Services- Spenc $445,000
Listed by ERA Key Realty Services- Spenc
Dec 24, 2009 Sold
Premium
Sold
Sep 9, 2009 Listed by ERA Key Realty Services- Spenc $240,000
Listed by ERA Key Realty Services- Spenc
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,348
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 162,479
  • Total Building Area: 2,345
  • Gross Building Area: 4,366
  • Building Area: 2,345
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,345
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARL A MUNDELL
  • Land Acres: 0000003730
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brookfield School District
  • Census Tract: 760100

Zoning

  • Zoning: RR

Geography

  • Account Number: 45004C000
  • Parcel: BROO M:004C B:0000 L:00390
  • Lot: 390
  • Municipality: BROOKFIELD
  • Latitude: 42.196
  • Longitude: -72.0945

    Address

  • Full Address: 39 Lake Rd
  • Address - House Number: 39
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1816
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,700

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 490,294
  • High Value: 574,582
  • Low Value: 406,006

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $456,400
  • Assessed Land Value: $73,600
  • Assessed Improvements Value: $382,800

    Sales

  • Current Sale Contract Date: May 13, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38322
  • Previous Sale Recording Date: Dec 24, 2009
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 27
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73085191

Frequently Asked Questions

When was property at 39 Lake Road built and last sold?
The property at 39 Lake Road was built in 1984 and last sold on May 13, 2023 for $461,000.
How much is this home worth?
The estimated value of the home located at 39 Lake Road is $446,680.
What are some comparable homes to 39 Lake Road?
There are currently no comparable homes to 39 Lake Road.
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