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Worcester 01604 Broadmeadow Brook
397 Massasoit Rd
$229,000
● House - Off Market

397 Massasoit Rd

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$372,772
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Wonderful home in Broad  Meadow Brook! Corner lot with flat, landscaped back yard is great for entertaining. Less then 500 ft to the stunning Broad Meadow Brook Conservation center and Wildlife Sanctuary (the largest urban sanctuary in New England!) and Blithewood Park with playground, walking track, and basketball. Nearby access to Routes 90, 290, 9, 146, and the commuter rail.
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$173
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1949

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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 #72236050)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by Keller Williams Realty Greater Worcester $235,000
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,356
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,078
  • Total Building Area: 1,356
  • Gross Building Area: 2,772
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732801

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 34-030-08+8A
  • Parcel: WORC M:34 B:030 L:08+8A
  • Block: 30
  • Lot: 8+8A
  • Municipality: WORCESTER
  • Latitude: 42.2343
  • Longitude: -71.7636

    Address

  • Full Address: 397 Massasoit Rd
  • Address - House Number: 397
  • Address - Street Name: Massasoit
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 3541
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,800

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 400,992
  • High Value: 482,354
  • Low Value: 319,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,700
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $203,400

    Sales

  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134348
  • Previous Sale Recording Date: Jul 22, 2016
  • 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 Broadmeadow Brook

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1544 ft²

Average Home Age

53.4 years

Currently For Sale

17 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# 72236050

Frequently Asked Questions

When was property at 397 Massasoit Road built and last sold?
The property at 397 Massasoit Road was built in 1949 and last sold on Jan 1, 1970 for $229,000.
How much is this home worth?
The estimated value of the home located at 397 Massasoit Road is $245,357.
What are some comparable homes to 397 Massasoit Road?
There are currently no comparable homes to 397 Massasoit Road.
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