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Worcester 01506
86 Molasses Hill Rd
$280,000
● House - Off Market

86 Molasses Hill Rd

Brookfield, MA 01506
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,668 Ft²
$536,855
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Beautiful hip roof colonial in picturesque Brookfield. This home features an open floor plan with large living room with fireplace, open to an oversized fully appliance kitchen with dining area, formal dining room with bow window, den/office, and 1/2 bath.  2nd floor features large master bedroom with walk in closet, and master bath, 2 spacious bedroom and 3rd bath.  Need more room, enjoy the finished walkout basement.  Imagine sitting on your spacious deck overlooking the private back yard.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$173
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
2007

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71706352)

Price History

Date / Event Date Event Price
Aug 29, 2014 Sold
Premium
Sold
Jun 27, 2014 Listed by RE/MAX Prof Associates $289,000
Listed by RE/MAX Prof Associates
Oct 7, 2011 Sold
Premium
Sold
Mar 12, 2011 Listed by RE/MAX Prof Associates $260,000
Listed by RE/MAX Prof Associates
Mar 6, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 2,226
  • Gross Building Area: 3,985
  • Building Area: 2,226
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,226
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVID J KAITBENSKI & DONALD W
  • Land Acres: 0000001040
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brookfield School District
  • Census Tract: 760100

Zoning

  • Zoning: RR

Geography

  • Account Number: 45002B000
  • Parcel: BROO M:002B B:0000 L:0007A
  • Lot: 7A
  • Municipality: BROOKFIELD
  • Latitude: 42.1716
  • Longitude: -72.1213

    Address

  • Full Address: 86 Molasses Hill Rd
  • Address - House Number: 86
  • Address - Street Name: Molasses Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1751
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,100

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 521,203
  • High Value: 610,071
  • Low Value: 432,336

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $418,500
  • Assessed Land Value: $65,100
  • Assessed Improvements Value: $353,400

    Sales

  • Current Sale Recording Date: Aug 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80497
  • Previous Sale Recording Date: Oct 07, 2011
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 27
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

2402 ft²

Average Home Age

63.4 years

Currently For Sale

2051 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71706352

Frequently Asked Questions

When was property at 86 Molasses Hill Road built and last sold?
The property at 86 Molasses Hill Road was built in 2007 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 86 Molasses Hill Road is $297,078.
What are some comparable homes to 86 Molasses Hill Road?
There are currently no comparable homes to 86 Molasses Hill Road.
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