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Worcester 01515
698 Podunk Rd
$49,000
● Land - Off Market

698 Podunk Rd

East Brookfield, MA 01515
bedrooms
Studio
bathrooms
0 Bath
$79,317
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Imagine your new home on this bright parcel of land.  Great access to the Pike, Rte 20 or Rte 9 or nearby stores.  Come check out the lot, we are sure you will see the potential.  Perc test has been completed and there is also a septic design.
Unit Size
-
Days on Market
-
Land Size
1.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
-
Year Built
2018

Payment Calculator

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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 #72130409)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Aug 26, 2021 Listed by RE/MAX Prof Associates $415,000
Listed by RE/MAX Prof Associates
Oct 25, 2017 Sold
Premium
Sold
Mar 13, 2017 Listed by RE/MAX Prof Associates $49,900
Listed by RE/MAX Prof Associates
Apr 1, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 45,999
  • Total Building Area: 1,570
  • Gross Building Area: 4,546
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001056
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • Census Tract: 759100

Zoning

  • Zoning: R

Geography

  • Account Number: 840170018901399
  • District: 84
  • Parcel: EBRO M:0170 B:0189 L:01399
  • Block: 189
  • Lot: 1399
  • Municipality: EAST BROOKFIELD
  • Latitude: 42.188
  • Longitude: -72.0345

    Address

  • Full Address: 698 Podunk Rd
  • Address - House Number: 698
  • Address - Street Name: Podunk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: East Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2105
  • Zip Code: 01515

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $590,600

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 530,179
  • High Value: 618,167
  • Low Value: 442,190

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,500
  • Assessed Land Value: $66,400
  • Assessed Improvements Value: $396,100

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 155933
  • Previous Sale Recording Date: Oct 25, 2017
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: O
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 72130409

Frequently Asked Questions

When was property at 698 Podunk Road built and last sold?
The property at 698 Podunk Road was built in 2018 and last sold on Nov 5, 2021 for $437,000.
How much is this home worth?
The estimated value of the home located at 698 Podunk Road is $423,602.
What are some comparable homes to 698 Podunk Road?
There are currently no comparable homes to 698 Podunk Road.
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