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Webster 01570
113-A Lake St
$225,000
● House - Off Market

113-A Lake St

Webster, MA 01570
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$312,675
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Move in ready home located close to Webster lake where you can enjoy a day at the beach. Easy access to Interstate 395 about 20 minutes to the city of Worcester. First floor living with the potential to possibly expand. Covered bulkhead access to the basement which has room for storage or additional living area. Great back yard area for relaxing or enjoying nature in a residential area. Make an appointment with your agent to come take a look!!    Note: Current assessed value is 175600. Also the 10X10 heated sun room isn't included in the square footage which adds 100Sq ft.    Stove, Refrigerator, Kitchen Island, Parlor Rug, Washer, Dryer, Snow Blower, Lawn Mower and Ladder are all included.
Unit Size
936 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$235
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1962

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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: 5 years ago (MLSPIN #72632844)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Mar 16, 2020 Listed by RE/MAX Prof Associates $219,900
Listed by RE/MAX Prof Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 8
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 14
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 1,036
  • Gross Building Area: 2,394
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 754200

Zoning

  • Zoning: MR-12,

Geography

  • Account Number: 3358
  • Parcel: WEBS M:28 B:K P:10
  • Block: K
  • Municipality: WEBSTER
  • Latitude: 42.0477
  • Longitude: -71.8681

    Address

  • Full Address: 113a Lake St
  • Address - House Number: 113a
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MA
  • City Name: Webster
  • Carrier Code: C011
  • 4-Digit Zip Code: 2019
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $402,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 52
  • Final Value: 349,427
  • High Value: 432,109
  • Low Value: 266,744

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $330,600
  • Assessed Land Value: $56,100
  • Assessed Improvements Value: $274,500

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43764
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 Webster

Stats & Trends

Median Asking:

$429,000

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2193 ft²

Average Home Age

105.6 years

Currently For Sale

22 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

Unit for rent at 41 Prospect St, MA, 01570

$1,389 /mo

  • 2 Beds
  • 1 Bath
41 Prospect St, MA, 01570 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72632844

Frequently Asked Questions

When was property at 113A Lake Street built and last sold?
The property at 113A Lake Street was built in 1962 and last sold on Apr 22, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 113A Lake Street is $224,896.
What are some comparable homes to 113A Lake Street?
There are currently no comparable homes to 113A Lake Street.
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