86 Rice Corner Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
| Mar 2, 2026 | Listed by Coldwell Banker Realty - Western MA | $775,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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A rare opportunity to own one of Brookfield’s most expansive and versatile properties in the Union 61 school district. Set on a flat 3-acre lot, this impressive 6,000+ sq ft home is ideal for multigenerational households, shared ownership, rental income, or future B&B potential. This stunning home blends warmth and character with an updated granite kitchen, double convection ovens, brick pizza oven, wood stove, formal dining area, hardwood flooring, a built-in library, an expansive skylit primary suite, and second-floor laundry. Major updates include a newer roof, newer carpet with hardwoods beneath upstairs, heat-pump water heater, smart oil tanks, and newer windows. Enjoy a pool, outdoor fireplace in the large yard, screened porch, and 2nd floor deck—just minutes to the town beach, Sturbridge shops and dining, and commuter routes. The attached 3 bed townhouse-style accessory dwelling generates $2,350/month, creating immediate income. Income, flexibility, and lifestyle all in one.
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| Dec 2, 2022 | Sold | ||
| Sold | |||
| Oct 24, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017