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Worcester 01515
394 Podunk Rd
$175,750
● House - Off Market

394 Podunk Rd

East Brookfield, MA 01515
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$232,956
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Investors take notice as there is no first look period on this home! 5 bedroom 2 full bath cape code home sitting on a beautiful landscaped lot! So much space and potential for this lovely country home. first floor offers kitchen, living room and two bedrooms as well as a full bath and sun-room leaving out to a good sized deck and nice flat back yard. The upstairs is great sized and you will find 3 bedrooms and a full bath. This home is perfect for a summer project or for a family to renovate and grow into and build equity. CASH OR RENOVATION FINANCING ONLY.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$105
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72654437)

Price History

Date / Event Date Event Price
Nov 18, 2020 Sold
Premium
Sold
Aug 24, 2020 Sold
Premium
Sold
May 11, 2020 Listed by RE/MAX Advantage 1 $175,750
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,275
  • Total Building Area: 1,960
  • Gross Building Area: 3,704
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • Census Tract: 759100

Zoning

  • Zoning: R

Geography

  • Account Number: 840100018900610
  • District: 84
  • Parcel: EBRO M:0100 B:0189 L:00610
  • Block: 189
  • Lot: 610
  • Municipality: EAST BROOKFIELD
  • Latitude: 42.2036
  • Longitude: -72.0518

    Address

  • Full Address: 394 Podunk Rd
  • Address - House Number: 394
  • Address - Street Name: Podunk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: East Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1916
  • Zip Code: 01515

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $380,500

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 349,589
  • High Value: 415,810
  • Low Value: 283,368

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $298,000
  • Assessed Land Value: $56,500
  • Assessed Improvements Value: $241,500

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141735
  • Previous Sale Recording Date: Aug 24, 2020
  • Previous Sale Contract Date: Apr 23, 2020
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 34
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 72654437

Frequently Asked Questions

When was property at 394 Podunk Road built and last sold?
The property at 394 Podunk Road was built in 1950 and last sold on Nov 11, 2020 for $175,750.
How much is this home worth?
The estimated value of the home located at 394 Podunk Road is $177,887.
What are some comparable homes to 394 Podunk Road?
There are currently no comparable homes to 394 Podunk Road.
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