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Worcester 01570
1 W Point Rd
$290,000
● House - Off Market

1 W Point Rd

Webster, MA 01570
bedrooms
2 Beds
bathrooms
1 Bath
square feet
876 Ft²
$387,786
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

This beautifully remodeled two bedroom home, steps away from Webster Lake, is ready for its new owners.  Central air and open concept are perfect for a relaxing summer day.  Cathedral ceilings give this home a very modern feel while the living room boast a sliding glass door out to the front lawn with plenty of room for a grill and outdoor entertaining. Don't miss this one!  Showings begin at open. house Thursday August 6th from 5-7pm.  Offers will be presented to seller 5pm Friday.
Unit Size
876 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$331
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72703132)

Price History

Date / Event Date Event Price
Oct 16, 2020 Sold
Premium
Sold
Aug 3, 2020 Listed by The LUX Group $290,000
Listed by The LUX Group
Nov 19, 2019 Sold
Premium
Sold
May 3, 2019 Listed by The LUX Group $119,900
Listed by The LUX Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 7
  • Basement Area: 876
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,453
  • Total Building Area: 876
  • Gross Building Area: 1,826
  • Building Area: 876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 876
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000447
  • 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: 5446
  • Parcel: WEBS M:59 B:C P:6
  • Block: C
  • Municipality: WEBSTER
  • Latitude: 42.0483
  • Longitude: -71.844

    Address

  • Full Address: 1 W Point Rd
  • Address - House Number: 1
  • Street Direction: W
  • Address - Street Name: Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: R006
  • 4-Digit Zip Code: 3349
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $405,500

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 372,248
  • High Value: 449,318
  • Low Value: 295,178

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $332,900
  • Assessed Land Value: $101,800
  • Assessed Improvements Value: $231,100

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123619
  • Previous Sale Recording Date: Nov 19, 2019
  • Previous Sale Contract Date: Nov 15, 2019
  • Previous Sale Amount: $92,000
  • 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

2380 ft²

Average Home Age

65.8 years

Currently For Sale

1949 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72703132

Frequently Asked Questions

When was property at 1 West Point Road built and last sold?
The property at 1 West Point Road was built in 1930 and last sold on Sep 15, 2020 for $290,000.
How much is this home worth?
The estimated value of the home located at 1 West Point Road is $288,193.
What are some comparable homes to 1 West Point Road?
There are currently no comparable homes to 1 West Point Road.
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