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    Property profile & analytics

    860 Brookfield Rd New Braintree, MA 01531-1540

    • Investment properties
    • 1,425 SF
    • 3.25 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Last Sale
    Sep 11, 2020
    $490,000
    Location Intelligence
    Property ID
    US38-0691085
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grass Roots Farm / Farm
    • Farmer Matt® / Farm / Restaurant

    Property Details for 860 Brookfield Rd

    Year built
    2016
    Construction
    STONE
    Lot size
    3.25 lot acres
    Property size
    1,425 SF
    Zone code
    R1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEWB M:411 B:00000 L:00241
    APU
    NEWBM411B00000L00241

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $585,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $505,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $570,000
      Mixed-Use
      $530,000
      Hospitality
      $580,000
      Educational
      $560,000
      Residential Income
      $585,000
      Energy
      $475,000
      Income-Based Land
      $530,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    New Braintree
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.1351
    Latitude
    42.2992
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,146
    $53,300
    $369,400
    $422,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $305,000
      864 SF

      324 Ww Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 864 SF
      324 Ww Rd, New Braintree, MA 01531-1610
      View Details
    • Value Estimation
      $235,000
      17.01 Acres

      Ww Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 17.01 Acres
      Ww Rd, New Braintree, MA 01531
      View Details
    • Value Estimation
      $320,000
      1,698 SF

      79 Unitas Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,698 SF
      79 Unitas Rd, New Braintree, MA 01531-1620
      View Details
    • Value Estimation
      $325,000
      2,362 SF

      225th Hardwick Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,362 SF
      225th Hardwick Rd, New Braintree, MA 01531-1562
      View Details
    • Value Estimation by Request
      2,304 SF

      135 Pierce Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,304 SF
      135 Pierce Rd, New Braintree, MA 01531-1537
      View Details
    • Value Estimation by Request
      2,800 SF

      1940 Barre Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,800 SF
      1940 Barre Rd, New Braintree, MA 01531-1806
      View Details

    Similar Nearby for Sale

    • $685,000

      200 Acres Farmland and Forest

      200 acres of farmland and forest in New Braintree.
      716 Hardwick Rd, New Braintree, MA 01531
      View Details
    • $69,999

      New Braintree Woodsy 4.25-Acre Lot

      4.25-acre lot in New Braintree, woodsy blank slate.
      Barr Rd, New Braintree, MA 01531
      View Details
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    860 Brookfield Rd
    New Braintree, MA 01531-1540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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