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Worcester 01506
55 Molasses Hill Rd.
Photo of 55 Molasses Hill Rd.
Sold on Jun 30, 2005

1

Map

$272,000
● House - Off Market

55 Molasses Hill Rd.

Brookfield, MA 01506
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$499,463
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

Very Well Maintained Cape Built In 1999 Yet Appears Brand New! Situated On 1.64 Acres, Nicely Landscaped,Level Yard And Stone Walls Too! Fully Applianced Kitchen, Formal Dining w/Hardwoods, Brick Fireplace in Living Rm., Large First Floor Bedroom and Full Bath. Large Master Bedroom On Second Floor, Spacious 3rd Bedroom And Full Bath.  Walk-Out Lower Level For Future Expansion.  Bring Your White Gloves.....Honest.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
1.64 acres
Price per sqft
$185
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1999

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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 #70196604)

Price History

Date / Event Date Event Price
Jun 30, 2005 Sold
Premium
Sold
May 23, 2005 Listed $279,900
Listed
May 16, 2003 Sold
Premium
Sold
Dec 19, 2002 Listed $214,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,438
  • Total Building Area: 1,805
  • Gross Building Area: 3,149
  • Building Area: 1,805
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,805
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001640
  • 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: 45003B000
  • Parcel: BROO M:003B B:0000 L:0001A
  • Lot: 1A
  • Municipality: BROOKFIELD
  • Latitude: 42.1783
  • Longitude: -72.1157

    Address

  • Full Address: 55 Molasses Hill Rd
  • Address - House Number: 55
  • Address - Street Name: Molasses Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1703
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $519,100

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 414,351
  • High Value: 485,493
  • Low Value: 343,208

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $341,500
  • Assessed Land Value: $67,300
  • Assessed Improvements Value: $274,200

    Sales

  • Current Sale Recording Date: Jun 30, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00105207
  • Previous Sale Recording Date: May 16, 2003
  • Previous Sale Amount: $214,900
  • 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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 70196604

Frequently Asked Questions

When was property at 55 Molasses Hill Road built and last sold?
The property at 55 Molasses Hill Road was built in 1999 and last sold on Jan 1, 1970 for $272,000.
How much is this home worth?
The estimated value of the home located at 55 Molasses Hill Road is $287,777.
What are some comparable homes to 55 Molasses Hill Road?
There are currently no comparable homes to 55 Molasses Hill Road.
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