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Worcester 01570
1 Wakefield Ave
Photo of 1 Wakefield Ave

1

Map

$699,000
● House - Off Market

1 Wakefield Ave

Webster, MA 01570
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,900 Ft²
$4,025
Est. Monthly

About This Property

WEBSTER LAKE - SOUTH POND - WESTERN EXPOSURE Spacious Contemporary home on hard to find large level lot. Stunning Updated Kitchen and Living Room w/Fireplace & Cathedral Ceilings lead to expansive deck for easy entertaining.  Sunny Master Suite with private balcony to relax & enjoy the view. Lower Level w/full bath for potential guest quarters. Heated Garage for the hobbyist that includes separate room for workshop or studio. Relax at waters edge in private gazebo or on sandy beach.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$241
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1986

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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: 2 months ago (MLSPIN #71187560)

Price History

Date / Event Date Event Price
Jun 28, 2022 Sold
Premium
Sold
May 10, 2022 Listed by Coldwell Banker Residential Brokerage - Sturbridge $1,189,000
Listed by Coldwell Banker Residential Brokerage - Sturbridge
Nov 15, 2012 Sold
Premium
Sold
Feb 11, 2011 Listed by Coldwell Banker Residential Brokerage - Sturbridge $699,000
Listed by Coldwell Banker Residential Brokerage - Sturbridge
Jul 6, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 7
  • Basement Area: 949
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,623
  • Total Building Area: 2,011
  • Gross Building Area: 4,827
  • Building Area: 2,011
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,011
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PREPARED ERIC M & ELAINE V OLS
  • Land Acres: 0000000496
  • 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: 4591
  • Parcel: WEBS M:51 B:A P:5
  • Block: A
  • Municipality: WEBSTER
  • Latitude: 42.0329
  • Longitude: -71.8249

    Address

  • Full Address: 1 Wakefield Ave
  • Address - House Number: 1
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Webster
  • Carrier Code: R001
  • 4-Digit Zip Code: 3555
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,299,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 936,518
  • High Value: 1,122,067
  • Low Value: 750,969

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,066,500
  • Assessed Land Value: $504,500
  • Assessed Improvements Value: $562,000

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jun 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70172
  • Previous Sale Recording Date: Nov 15, 2012
  • Previous Sale Amount: $645,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 2 months ago
Data Source: MLS PIN, MLS# 71187560

Frequently Asked Questions

When was property at 1 Wakefield Avenue built and last sold?
The property at 1 Wakefield Avenue was built in 1986 and last sold on Jun 23, 2022 for $1,179,000.
How much is this home worth?
The estimated value of the home located at 1 Wakefield Avenue is $1,181,784.
What are some comparable homes to 1 Wakefield Avenue?
There are currently no comparable homes to 1 Wakefield Avenue.
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