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Worcester
59 Allen Road
$345,000
● House - Off Market

59 Allen Road

Berlin, MA 01503
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,204 Ft²
$477,046
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Looking for privacy, surrounded by woods on a quiet dead end street? Then this ranch is for you!! Located in desirable Berlin this carpenter's own home has quality workmanship throughout. Custom built oak cabinets in kitchen, open dining area and living room with wood stove and hardwood floors throughout. Marble bath with custom vanity and master bedroom with private balcony. Relax on your large deck listening to all that nature has to offer. Partially finished basement and workshop. Walk up attic for all the storage you could wish for. Easy access to Rt. 62 and 495.
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$299
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1974

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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 #72673849)

Price History

Date / Event Date Event Price
Nov 2, 2020 Sold
Premium
Sold
Jun 22, 2020 Listed by Realty Vision $359,900
Listed by Realty Vision

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 1,204
  • Gross Building Area: 2,824
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000890
  • 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:0190 B:0039 L:0000-0
  • Block: 39
  • Municipality: BERLIN
  • Latitude: 42.3974
  • Longitude: -71.6598

    Address

  • Full Address: 59 Allen Rd
  • Address - House Number: 59
  • Address - Street Name: Allen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berlin
  • Carrier Code: R001
  • 4-Digit Zip Code: 1024
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $560,900

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 473,949
  • High Value: 557,206
  • Low Value: 390,693

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,900
  • Assessed Land Value: $240,800
  • Assessed Improvements Value: $199,100

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 131950
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72673849

Frequently Asked Questions

When was property at 59 Allen Road built and last sold?
The property at 59 Allen Road was built in 1974 and last sold on Sep 24, 2020 for $345,000.
How much is this home worth?
The estimated value of the home located at 59 Allen Road is $362,516.
What are some comparable homes to 59 Allen Road?
There are currently no comparable homes to 59 Allen Road.
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