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Worcester
8 Wilson Rd - Lot 4
$708,000
● House - Off Market

8 Wilson Rd - Lot 4

Berlin, MA 01503
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$732,010
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

WELCOME TO SOUTHWOOD COMMONS! Property is located in a quaint community in a growing neighborhood of 12 homes when completed!! This home has just over 2000 sq.ft  All have 2 car garages. Listing floor plan shows the "SWEENEY" (architecturally customizable floor plan on both the interior and exterior of home) featuring cabinet packed kitchen & baths, (master bath w/ double bowl sinks and walk in ceramic tile shower) granite counters, s/s appliances, gas heat & cooking, 2 heating & cooling zones,. Offers close proximity to 495, 290, 62, local shops and fine dining. ACCOMPANIED SHOWINGS BY APPT to see off site model home, and then visit Southwood Commons for lot selection. Cul-de-sac lots subject to lot premium.  Photos illustrate similar home that's off site, completed and sold & shows optional upgrades.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$354
Property Type
House
Property Taxes
-
HOA Dues
$112
Year Built
2022

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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 #72925188)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Dec 3, 2021 Listed by Rhodes Realty Associates $708,000
Listed by Rhodes Realty Associates

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 41,164
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,046
  • Gross Building Area: 3,678
  • Building Area: 2,046
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,046
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000945
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • Census Tract: 717100

Geography

  • District: 28
  • Parcel: BERL M:0100 B:0019 L:0003-0
  • Block: 19
  • Lot: 3-0
  • Municipality: BERLIN
  • Latitude: 42.3754
  • Longitude: -71.6386

    Address

  • Full Address: 8 Wilson Rd
  • Address - House Number: 8
  • Address - Street Name: Wilson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1731
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $831,200

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 620,060
  • High Value: 726,705
  • Low Value: 513,416

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $651,900
  • Assessed Land Value: $207,900
  • Assessed Improvements Value: $444,000

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94187
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 72925188

Frequently Asked Questions

When was property at 8 Wilson Road built and last sold?
The property at 8 Wilson Road was built in 2022 and last sold on Aug 26, 2022 for $708,000.
How much is this home worth?
The estimated value of the home located at 8 Wilson Road is $708,872.
What are some comparable homes to 8 Wilson Road?
There are currently no comparable homes to 8 Wilson Road.
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