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Worcester 01506
54 Town Farm Rd
$150,000
● House - Off Market

54 Town Farm Rd

Brookfield, MA 01506
bedrooms
3 Beds
bathrooms
2 Baths
square feet
960 Ft²
$185,384
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

**SHORT SALE**SOLD AS-IS**PROFESSIONALLY NEGOTIATED BY THIRD PARTY** Three Bedroom, Two Bath Home With Finished Basement. Lot Consists Of Over 4 Acres With Scenic Views! Subject To Short Sale Negotiation Fee Of $5,000 Paid At Closing By Buyer. Smoke Certificate Is Buyer's Responsibility. Title V Has Been Performed And Has Failed See Document Attachments. Purchase With a 203K Renovation Loan. **BUYER RESPONSIBLE FOR PAYING $15,000 NATIONAL GRID LIEN AT CLOSING**
Unit Size
960 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$187
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1985

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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 #73022358)

Price History

Date / Event Date Event Price
Mar 22, 2023 Sold
Premium
Sold
Jan 29, 2023 In contract -
In contract
Dec 22, 2022 Price Decreased $179,900
↓ $10K (5.3%)
Price Decreased
Nov 16, 2022 Price Decreased $189,900
↓ $9K (4.6%)
Price Decreased
Oct 5, 2022 Price Increased $199,000
↑ $19K (10.6%)
Price Increased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 1,920
  • Gross Building Area: 3,132
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004000
  • 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: 45004B000
  • Parcel: BROO M:004B B:0000 L:00500
  • Lot: 500
  • Municipality: BROOKFIELD
  • Latitude: 42.1929
  • Longitude: -72.1242

    Address

  • Full Address: 54 Town Farm Rd
  • Address - House Number: 54
  • Address - Street Name: Town Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1741
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,300

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 285,567
  • High Value: 342,403
  • Low Value: 228,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $242,300
  • Assessed Land Value: $75,100
  • Assessed Improvements Value: $167,200

    Sales

  • Current Sale Contract Date: Mar 21, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22270
  • Previous Sale Recording Date: Mar 22, 2023
  • Previous Sale Contract Date: Mar 09, 2023
  • Previous Sale Amount: $150,000
  • 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

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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# 73022358

Frequently Asked Questions

When was property at 54 Town Farm Road built and last sold?
The property at 54 Town Farm Road was built in 1985 and last sold on Mar 21, 2023 for $210,000.
How much is this home worth?
The estimated value of the home located at 54 Town Farm Road is $183,547.
What are some comparable homes to 54 Town Farm Road?
There are currently no comparable homes to 54 Town Farm Road.
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