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Worcester 01581
1 Eric Dr
$366,000
● House - Off Market

1 Eric Dr

Westborough, MA 01581
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,679 Ft²
$697,988
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Lovely updated 4 bedroom 2.5 bath home on corner lot located in great family friendly neighborhood.  Updated kitchen and bathrooms, hardwoods on main floor, 2 of the bedrooms have attached bathrooms, gorgeous bow window, working fireplace, lots of natural light.  Lower level is carpeted with large family room and a bedroom with attached bath... great for teens or possible in-law suite.  Large deck and backyard for entertaining.  New 30 year roof in 2007.  Across the street from a park, 1/2 mile from Tufts, close to commuter rail.
Unit Size
1,679 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$223
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1967

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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 months ago (MLSPIN #71727391)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Sep 24, 2020 Listed by Law Office of Patricia Michaels-Hamilton $499,900
Listed by Law Office of Patricia Michaels-Hamilton
Sep 26, 2014 Sold
Premium
Sold
Aug 11, 2014 Listed by Law Office of Patricia Michaels-Hamilton $375,000
Listed by Law Office of Patricia Michaels-Hamilton
Feb 6, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,128
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,398
  • Total Building Area: 1,169
  • Gross Building Area: 2,537
  • Building Area: 1,169
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,169
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000353
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 742402

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0013 B:000043 L:0
  • Block: 43
  • Municipality: WESTBOROUGH
  • Latitude: 42.2564
  • Longitude: -71.6589

    Address

  • Full Address: 1 Eric Dr
  • Address - House Number: 1
  • Address - Street Name: Eric
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westborough
  • Carrier Code: R003
  • 4-Digit Zip Code: 3704
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $930,100

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 666,365
  • High Value: 774,118
  • Low Value: 558,612

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,800
  • Assessed Land Value: $310,800
  • Assessed Improvements Value: $256,000

    Sales

  • Current Sale Contract Date: Oct 24, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134975
  • Previous Sale Recording Date: Sep 26, 2014
  • Previous Sale Amount: $366,000
  • Previous Sale Document Type: O
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# 71727391

Frequently Asked Questions

When was property at 1 Eric Drive built and last sold?
The property at 1 Eric Drive was built in 1967 and last sold on Oct 24, 2020 for $521,000.
How much is this home worth?
The estimated value of the home located at 1 Eric Drive is $507,704.
What are some comparable homes to 1 Eric Drive?
There are currently no comparable homes to 1 Eric Drive.
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