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Worcester 01331
61 Briggs Rd W
$145,000
● House - Off Market

61 Briggs Rd W

Petersham, MA 01366
bedrooms
2 Beds
bathrooms
1 Bath
square feet
896 Ft²
$223,791
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Great potential for a bargain price! Enjoy peaceful living on nearly 4.5 acres of private woodland! One level living with an open layout. Can easily entertain with clear sight lines from the kitchen to the dining space to the living room. Beautiful oak hardwoods through the dining space and living room. Large master bedroom with sliding glass doors leading to the deck. Large storage shed with a great work space! New 3 bedroom septic installed in 2009. Perimeter drain around home installed in 2009. Heating system and tank installed 2008. New roof in 2008. New artesian well to be installed asap! 2.97 acres in Petersham and 1.39 acres in Athol - see survey attached. Conveniently located close to Petersham center. Take the short drive to Quabbin Reservoir to enjoy hiking, biking, nature watching, fishing and picnicking.
Unit Size
896 Ft²
Days on Market
-
Land Size
4.36 acres
Price per sqft
$156
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1978

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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: 6 months ago (MLSPIN #72130520)

Price History

Date / Event Date Event Price
Jul 7, 2017 Sold
Premium
Sold
Mar 13, 2017 Listed by ERA Key Realty Services- Spenc $140,000
Listed by ERA Key Realty Services- Spenc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 129,373
  • Total Building Area: 896
  • Gross Building Area: 1,780
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 896
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002970
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: PETERSHAM SD
  • Census Tract: 704202

Geography

  • Parcel: PETE M:401 B:19 L:0
  • Block: 19
  • Municipality: PETERSHAM
  • Latitude: 42.5484
  • Longitude: -72.1956

    Address

  • Full Address: 61 Briggs Rd W
  • Address - House Number: 61
  • Street Segment Direction: W
  • Address - Street Name: Briggs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Petersham
  • Carrier Code: R011
  • 4-Digit Zip Code: 9510
  • Zip Code: 01366

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $308,700

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 249,480
  • High Value: 299,251
  • Low Value: 199,709

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $215,900
  • Assessed Land Value: $63,700
  • Assessed Improvements Value: $152,200

    Sales

  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71876
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2377 ft²

Average Home Age

65.2 years

Currently For Sale

2012 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: 6 months ago
Data Source: MLS PIN, MLS# 72130520

Frequently Asked Questions

When was property at 61 Briggs Road West built and last sold?
The property at 61 Briggs Road West was built in 1978 and last sold on Jan 1, 1970 for $145,000.
How much is this home worth?
The estimated value of the home located at 61 Briggs Road West is $148,075.
What are some comparable homes to 61 Briggs Road West?
There are currently no comparable homes to 61 Briggs Road West.
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