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Worcester
88 Gates Pond Rd
$546,000
● House - Off Market

88 Gates Pond Rd

Berlin, MA 01503
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,228 Ft²
$859,030
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Welcome home! Delightful antique colonial farmhouse with beautifully-landscaped grounds. Under a mile to 495 & 290, and convenient to Highland Commons - a commuter's dream! With 5 beds & 3 baths, this home has the charm of yesteryear while being suited for a modern family. Sunny updated kitchen with newer appliances, systems & center island.  1st fl laundry/mud room. Recently added, luxurious, secluded, 1st fl master suite with vaulted ceilings, double sliders to private patio, radiant heat, double shower, and an HGTV-worthy custom walk-in closet! Hardwoods throughout. Relax outside on your lovely wrap-around porch - large enough for everyday dining! The backyard boasts brick walkways and patio, as well as a fenced-in kitchen garden/arbor and blueberries at the rear of the property. Country at its best !
Unit Size
3,228 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$176
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1776

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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: 4 months ago (MLSPIN #72406621)

Price History

Date / Event Date Event Price
Feb 28, 2019 Sold
Premium
Sold
Oct 4, 2018 Listed by 1 Worcester Homes $569,000
Listed by 1 Worcester Homes
Feb 11, 2011 Sold
Premium
Sold
Aug 15, 2010 Listed by 1 Worcester Homes $399,900
Listed by 1 Worcester Homes
Oct 27, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1776
  • Effective Year Built: 1776
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • Total Building Area: 3,100
  • Gross Building Area: 7,778
  • Building Area: 3,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Berlin School District
  • Census Tract: 717100

Geography

  • District: 28
  • Parcel: BERL M:0170 B:0017 L:0000-0
  • Block: 17
  • Municipality: BERLIN
  • Latitude: 42.3902
  • Longitude: -71.6002

    Address

  • Full Address: 88 Gates Pond Rd
  • Address - House Number: 88
  • Address - Street Name: Gates Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berlin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1308
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $962,200

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 761,467
  • High Value: 880,356
  • Low Value: 642,578

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,700
  • Assessed Land Value: $246,100
  • Assessed Improvements Value: $508,600

    Sales

  • Current Sale Contract Date: Feb 20, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18053
  • Previous Sale Recording Date: Feb 11, 2011
  • Previous Sale Amount: $385,000
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 72406621

Frequently Asked Questions

When was property at 88 Gates Pond Road built and last sold?
The property at 88 Gates Pond Road was built in 1776 and last sold on Feb 20, 2019 for $547,000.
How much is this home worth?
The estimated value of the home located at 88 Gates Pond Road is $569,068.
What are some comparable homes to 88 Gates Pond Road?
There are currently no comparable homes to 88 Gates Pond Road.
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