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Worcester 01603 Webster Square
16 Nutmeg Drive
$199,500
● House - Off Market

16 Nutmeg Drive

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$370,874
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Adorable bright dormered 3 bedroom 2 bath cape. Move in ready. Upstairs addition with new bath in 2007. New low maintenance vinyl siding and almost all new windows in 2007. Economical gas heat! New gas furnace installed in 2009. Hardwoods. Ceramic tile. Offers first floor bedroom. Hardwoods in all bedrooms.Lovely bow window in living room. Deck off kitchen overlooks beautiful private back yard ready to enjoy !
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$149
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1982

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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: 5 months ago (MLSPIN #71690531)

Price History

Date / Event Date Event Price
Jul 11, 2014 Sold
Premium
Sold
May 31, 2014 Listed by Real Living Barbera Associates | Worcester $199,900
Listed by Real Living Barbera Associates | Worcester
Jul 16, 2007 Sold
Premium
Sold
May 6, 2007 Listed by Real Living Barbera Associates | Worcester $175,500
Listed by Real Living Barbera Associates | Worcester
Mar 31, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,082
  • Total Building Area: 1,344
  • Gross Building Area: 2,448
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000323
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731001

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 56-023-00221
  • Parcel: WORC M:56 B:023 L:00221
  • Block: 23
  • Lot: 221
  • Municipality: WORCESTER
  • Latitude: 42.25
  • Longitude: -71.8585

    Address

  • Full Address: 16 Nutmeg Dr
  • Address - House Number: 16
  • Address - Street Name: Nutmeg
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1247
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,200

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 416,995
  • High Value: 495,420
  • Low Value: 338,569

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,300
  • Assessed Land Value: $85,900
  • Assessed Improvements Value: $243,400

    Sales

  • Current Sale Recording Date: Jul 11, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61766
  • Previous Sale Recording Date: Jul 16, 2007
  • Previous Sale Amount: $172,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2222 ft²

Average Home Age

84 years

Currently For Sale

34 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: 5 months ago
Data Source: MLS PIN, MLS# 71690531

Frequently Asked Questions

When was property at 16 Nutmeg Drive built and last sold?
The property at 16 Nutmeg Drive was built in 1982 and last sold on Jan 1, 1970 for $199,500.
How much is this home worth?
The estimated value of the home located at 16 Nutmeg Drive is $214,256.
What are some comparable homes to 16 Nutmeg Drive?
There are currently no comparable homes to 16 Nutmeg Drive.
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