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Worcester 01570
1 Colonial Road
$148,900
● House - Off Market

1 Colonial Road

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,136 Ft²
$385,540
RealtyHop Estimate
157.20%
Since May 1, 2002
National-US
Primary Model

About This Property

YOUNG 3 BR RAISED RANCH! FAULOUS LOCATION NEAR WEBSTER LAKE! CORNER LOT! 2 CAR GARAGE UNDER! FENCED BACK YARD! LIVING RM W/CATHEDRAL CEILINGS! DINING AREA W/SLIDERS TO DECK! ROUGHLY FINISHED LL FAMILY RM -WDSTV! GREAT POTENTIAL-NEEDS SOME TLC
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$132
Property Type
House
Property Taxes
$92
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: 4 years ago (MLSPIN #30585058)

Price History

Date / Event Date Event Price
Apr 24, 2002 Sold
Premium
Sold
Mar 6, 2002 Listed by Papa Realty Group $149,900
Listed by Papa Realty Group
Jul 17, 1998 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,136
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,078
  • Total Building Area: 1,136
  • Gross Building Area: 2,532
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL PARK
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Webster School District
  • School Tax School District: WEBSTER SD
  • Census Tract: 754100

Zoning

  • Zoning: LAKE 5

Geography

  • Account Number: 4050
  • Parcel: WEBS M:39 B:J P:5
  • Block: J
  • Municipality: WEBSTER
  • Latitude: 42.0239
  • Longitude: -71.8325

    Address

  • Full Address: 1 Colonial Rd
  • Address - House Number: 1
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: R004
  • 4-Digit Zip Code: 3610
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $326,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 327,312
  • High Value: 381,975
  • Low Value: 272,649

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $268,300
  • Assessed Land Value: $39,700
  • Assessed Improvements Value: $228,600

    Sales

  • Current Sale Recording Date: Jul 17, 1998
  • Current Sale Price:
    Premium
  • Current 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2398 ft²

Average Home Age

64.4 years

Currently For Sale

2120 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: 4 years ago
Data Source: MLS PIN, MLS# 30585058

Frequently Asked Questions

When was property at 1 Colonial Road built and last sold?
The property at 1 Colonial Road was built in 1988 and last sold on Jan 1, 1970 for $116,900.
How much is this home worth?
The estimated value of the home located at 1 Colonial Road is $0.
What are some comparable homes to 1 Colonial Road?
There are currently no comparable homes to 1 Colonial Road.
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