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Worcester 01506
58 Molasses Hill Rd
Photo of 58 Molasses Hill Rd
Sold on Jul 25, 2008

1

Map

$215,000
● House - Off Market

58 Molasses Hill Rd

Brookfield, MA 01506
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,152 Ft²
$415,853
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Country setting for charming saltbox with wide pine floors and a great deck that overlooks the woods and stone wall. Dining room opens to the loft area above. The kitchen is outfitted with the latest in cabinets, pull-out spice rack, deep drawers for pots and pans, granite counter,and stainless steel appliances. In the living room is a pellet stove which easily heats the whole house. The location is convenient to shopping and commuter routes. Newer windows,roof,siding and septic.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
1.71 acres
Price per sqft
$191
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1976

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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 #70758340)

Price History

Date / Event Date Event Price
Jul 25, 2008 Sold
Premium
Sold
May 8, 2008 Listed $219,900
Listed
Jun 27, 2006 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,793
  • Total Building Area: 1,728
  • Gross Building Area: 3,240
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOLASSES HILL ROAD
  • Land Acres: 0000001717
  • 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:0006C
  • Lot: 6C
  • Municipality: BROOKFIELD
  • Latitude: 42.1776
  • Longitude: -72.1153

    Address

  • Full Address: 58 Molasses Hill Rd
  • Address - House Number: 58
  • Address - Street Name: Molasses Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1702
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $436,700

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 400,626
  • High Value: 477,381
  • Low Value: 323,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $287,300
  • Assessed Land Value: $70,200
  • Assessed Improvements Value: $217,100

    Sales

  • Current Sale Recording Date: Jul 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00084438
  • Previous Sale Recording Date: Jun 27, 2006
  • Previous Sale Amount: $255,000
  • 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

57

Average Home Size

2390 ft²

Average Home Age

63.8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70758340

Frequently Asked Questions

When was property at 58 Molasses Hill Road built and last sold?
The property at 58 Molasses Hill Road was built in 1976 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 58 Molasses Hill Road is $227,398.
What are some comparable homes to 58 Molasses Hill Road?
There are currently no comparable homes to 58 Molasses Hill Road.
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