Worcester
7 Brook Lane #7
$308,000
●
Condo -
Off Market
7 Brook Lane #7
Berlin, MA 01503
2 Beds
2 Baths
2,086 Ft²
$648,892
RealtyHop Estimate
110.00%
Since Nov 1, 2009
National-US
Primary Model
About This Property
End unit priced well below assessed value!! Soaring ceilings and
magnificent vistas add up to make this a home that's hard to beat.
This unit has 3 exposures and is very light and open with hardwood
floors. First floor master with bath and walk in closet.Newer
Bonus finished basement with above ground windows. Minutes to
495, Solomon Pond Mall and theaters. Low condo fees and no
shoveling. A great carefree lifestyle awaits you at Meadowbrook
Village, an active 55+ community.
Unit Size
2,086 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
Condo
Property Taxes
$353
HOA Dues
$375
Year Built
2000
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #70965681)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2009 | Sold | ||
| Sold | |||
| Aug 25, 2009 | Listed by RE/MAX Executive Realty | $309,000 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 22
Length: 10
Area: 220
Level: First
Level: First
Width: 10
Length: 11
Area: 110
Width: 10
Features: Flooring - Hardwood
Length: 14
Level: First
Area: 140
Length: 19
Level: First
Area: 190
Features: Cathedral Ceiling(s), Flooring - Hardwood
Width: 10
Length: 25
Level: Basement
Width: 13
Area: 325
Level: First
Length: 15
Width: 13
Area: 195
Level: First
Features: Yes
Full Bathrooms: 2
Appliances: Microwave, Refrigerator, Washer, Dryer, Gas Water Heater
Flooring Type: Carpet
Laundry Features: First Floor
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: 9999
Parcel Number: 4081141
Water Source: Private, Private Water
Financial Details
Tax Assessed Value: $362,800
Tax Annual Amount: $4,230
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $375
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/25/2009
|
2 Bed
|
2 Bath
|
2086 ft²
|
$309,000
2 Bed
2 Bath
2086 ft²
|
$308,000
-0.32%
10/20/2009
|
Allan Sawyer
RE/MAX Executive Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017