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Worcester 01506
9 Gay Rd.
$425,000
● House - Off Market

9 Gay Rd.

Brookfield, MA 01506
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,506 Ft²
$2,766
Est. Monthly

About This Property

PRICE REDUCED!! Not your regular cape house. Loaded with many nice features. Vaulted ceilings, 3 bedrooms,  2 baths  2 car detached garage with upstairs storage,  Above ground pool, and finished basement to name a few. Definite must see! Large family room opens up to a well done kitchen. Livingroom has a fireplace. First floor master bedroom has own bath with jetted tub. 2 bedrooms upstairs with shared bath. In Tantasqua  School district.
Unit Size
2,506 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$180
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1988

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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: 5 months ago (MLSPIN #73263237)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Premium
Sold
Sep 15, 2024 In contract -
In contract
Sep 3, 2024 Price Decreased $450,000
↓ $25K (5.3%)
Price Decreased
Aug 19, 2024 Price Decreased $475,000
↓ $20K (4%)
Price Decreased
Aug 1, 2024 Price Decreased $495,000
↓ $30K (5.7%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 864
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 36,024
  • Total Building Area: 2,506
  • Gross Building Area: 4,436
  • Building Area: 2,506
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,506
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000827
  • 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: 45002C000
  • Parcel: BROO M:002C B:0000 L:00450
  • Lot: 450
  • Municipality: BROOKFIELD
  • Latitude: 42.1724
  • Longitude: -72.0895

    Address

  • Full Address: 9 Gay Rd
  • Address - House Number: 9
  • Address - Street Name: Gay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brookfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1822
  • Zip Code: 01506

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,600

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 484,238
  • High Value: 566,681
  • Low Value: 401,794

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,200
  • Assessed Land Value: $64,500
  • Assessed Improvements Value: $374,700

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 173723
  • Previous Sale Recording Date: Sep 25, 1998
  • Previous Sale Amount: $151,000
  • 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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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: 5 months ago
Data Source: MLS PIN, MLS# 73263237

Frequently Asked Questions

When was property at 9 Gay Road built and last sold?
The property at 9 Gay Road was built in 1988 and last sold on Dec 10, 2021 for $399,900.
How much is this home worth?
The estimated value of the home located at 9 Gay Road is $472,695.
What are some comparable homes to 9 Gay Road?
There are currently no comparable homes to 9 Gay Road.
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