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Worcester 01570
16 Colonial Rd
$351,000
● House - Off Market

16 Colonial Rd

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$342,733
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Come find your new home right next to Webster Lake. This lovely colonial home located within walking distance to a deeded path with water access. The home is move in ready condition. Bamboo floors installed on the first floor in 2018 with the addition of Mini-Splits for Heating/AC. There is a large deck in the private vinyl fenced in back yard. The home has town sewer and water, along with a private well to allow for grass watering in the summer. New Electrical panel installed in 2020 with generator hook-up. Guided showings can be arranged during the week with an OPEN HOUSE SCHEDULED FOR WEDNESDAY MAY 25, 2022 FROM 4:30 - 6:30. ALL OFFERS DUE BY JUNE 1, 2022 AT 5:00 PM.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$268
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #72985780)

Price History

Date / Event Date Event Price
Jul 12, 2022 Sold
Premium
Sold
May 20, 2022 Listed by Matthew R. French, Esq. $335,000
Listed by Matthew R. French, Esq.
Oct 23, 2013 Sold
Premium
Sold
Jun 19, 2013 Listed by Matthew R. French, Esq. $179,900
Listed by Matthew R. French, Esq.
Mar 19, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Total Building Area: 1,248
  • Gross Building Area: 2,096
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 4026
  • Parcel: WEBS M:39 B:F P:2
  • Block: F
  • Municipality: WEBSTER
  • Latitude: 42.0252
  • Longitude: -71.8315

    Address

  • Full Address: 16 Colonial Rd
  • Address - House Number: 16
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: R004
  • 4-Digit Zip Code: 3607
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $357,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 342,869
  • High Value: 400,130
  • Low Value: 285,608

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $293,400
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75930
  • Previous Sale Recording Date: Feb 26, 2018
  • Previous 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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 1267 Thompson Road, Thompson, CT, 06277

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 528 ft²
1267 Thompson Road #APTB, Thompson, CT, 06277 Listing by Robin Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72985780

Frequently Asked Questions

When was property at 16 Colonial Road built and last sold?
The property at 16 Colonial Road was built in 1988 and last sold on Jul 12, 2022 for $351,000.
How much is this home worth?
The estimated value of the home located at 16 Colonial Road is $334,221.
What are some comparable homes to 16 Colonial Road?
There are currently no comparable homes to 16 Colonial Road.
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