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Worcester 01585
58 Pierce Road
$371,000
● House - Off Market

58 Pierce Road

West Brookfield, MA 01585
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,042 Ft²
$512,331
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

WATER FRONT on Brookhaven Lake.  Fantastic contemporary 3 bedroom 3 bath home perfect for your summer get away or enjoy year round.  One owner home built in 1987 with 2 X 6 on 16" construction.  150' of water frontage and home has views from rear and side of home, almost all rooms have views of lake.  Large yard to thoroughly enjoy your tranquil  outdoor retreat to nature.  Finished walk out basement  with bedroom, family room with gas fireplace, full bathroom and kitchenette and 2 sliders  perfect for your summer outdoor entertaining or lovely guest suite.  Roof 2004, 30 year shingles.  No motors allowed on lake as per owner.
Unit Size
2,042 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$186
Property Type
House
Property Taxes
$369
HOA Dues
$6
Year Built
1987

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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: 5 months ago (MLSPIN #72652680)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
May 7, 2020 Listed by Gallagher Real Estate $379,000
Listed by Gallagher Real Estate
Mar 18, 2011 Sold
Premium
Sold
Aug 31, 2010 Listed by Gallagher Real Estate $389,000
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,361
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 2,042
  • Gross Building Area: 4,871
  • Building Area: 2,042
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,042
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • School Tax School District: QUABOAG RGNL SD
  • Census Tract: 724100

Zoning

  • Zoning: RR

Geography

  • Account Number: 3230510001100000
  • Parcel: WBFD M:051 B:00011 L:00000
  • Block: 11
  • Municipality: WEST BROOKFIELD
  • Latitude: 42.2604
  • Longitude: -72.1852

    Address

  • Full Address: 58 Pierce Rd
  • Address - House Number: 58
  • Address - Street Name: Pierce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 3037
  • Zip Code: 01585

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $507,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 527,344
  • High Value: 612,992
  • Low Value: 441,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,600
  • Assessed Land Value: $89,200
  • Assessed Improvements Value: $334,400

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115215
  • Previous Sale Recording Date: Mar 18, 2011
  • Previous Sale Amount: $130,000
  • 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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

64.5 years

Currently For Sale

1992 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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Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72652680

Frequently Asked Questions

When was property at 58 Pierce Road built and last sold?
The property at 58 Pierce Road was built in 1987 and last sold on Aug 28, 2020 for $371,000.
How much is this home worth?
The estimated value of the home located at 58 Pierce Road is $384,155.
What are some comparable homes to 58 Pierce Road?
There are currently no comparable homes to 58 Pierce Road.
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