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Worcester
55 Pleasant Street
$540,000
● House - Off Market

55 Pleasant Street

Berlin, MA 01503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,070 Ft²
$3,238
Est. Monthly

About This Property

Absolutely delightful ranch house with the added benefit of a windowed walk-out lower level on 2.6 acres*1st floor offers a large window-packed family room w/pine floors, charming fireplaced living room, dining area nook and a kitchen with peninsula and ample cabinetry plus two nicely sized bedrooms and a recently updated full bath w/oversized shower*Inviting three season room with access to a nice sitting deck*Lower level has an additional bedroom/office, full bath and two multi-use bonus areas*Ample storage using the unfinished basement as well as a closed in room under the three season room that acts as an oversized shed*Updates to the home include Andersen windows, roof, new paint and refinished hardwood floors*Close to major routes and shopping conveniences*
Unit Size
2,070 Ft²
Days on Market
-
Land Size
2.69 acres
Price per sqft
$266
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1964

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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 #73259862)

Price History

Date / Event Date Event Price
Sep 25, 2024 Sold
Premium
Sold
Aug 15, 2024 In contract -
In contract
Aug 13, 2024 Price Decreased $550,000
↓ $25K (4.4%)
Price Decreased
Jul 24, 2024 Price Increased $575,000
↑ $25K (4.6%)
Price Increased
Jul 2, 2024 Listed by Andrew J. Abu Inc., REALTORS® $550,000
Listed by Andrew J. Abu Inc., REALTORS®

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 117,026
  • Total Building Area: 1,319
  • Gross Building Area: 2,972
  • Building Area: 1,319
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,319
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002687
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Berlin School District
  • Census Tract: 717100

Geography

  • District: 28
  • Parcel: BERL M:0100 B:0036 L:0000-0
  • Block: 36
  • Municipality: BERLIN
  • Latitude: 42.3773
  • Longitude: -71.6333

    Address

  • Full Address: 55 Pleasant St
  • Address - House Number: 55
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1610
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $644,500

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 546,810
  • High Value: 642,865
  • Low Value: 450,754

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,500
  • Assessed Land Value: $273,900
  • Assessed Improvements Value: $231,600
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 4 months ago
Data Source: MLS PIN, MLS# 73259862

Frequently Asked Questions

When was property at 55 Pleasant Street built and last sold?
The property at 55 Pleasant Street was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 55 Pleasant Street is $558,064.
What are some comparable homes to 55 Pleasant Street?
There are currently no comparable homes to 55 Pleasant Street.
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