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Worcester 01570
16 Oakwood Dr
$374,900
● House - Off Market

16 Oakwood Dr

Webster, MA 01570
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,376 Ft²
$528,961
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

NEW CONSTRUCTION!  This COLONIAL features 4  BEDROOMS, 2.5 BATHS, approximately 2400 square feet of open SUN-FILLED living space. THIS AIRY first floor extends to deck/patio. The kitchen has wood cabinets, GRANITE COUNTERS & ISLAND, HARDWOOD floors on the 1st floor and staircase. CENTRAL AIR AND PROPAGNE GAS HEAT. Two car attached garage, WIDE DRIVE-WAY and large open yard. This home is located on a CUL-DE-SAC on a DEAD-END STREET in one of Webster's FINEST neighborhoods and will have you enjoying COUNTRY LIVING with the convenience of CITY ACCESS!  Come see this home it's ready to close -  built by a local builder, it could be the home you are looking for!
Unit Size
2,376 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$156
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
2019

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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: 4 months ago (MLSPIN #72601014)

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold
Premium
Sold
Dec 16, 2019 Listed by Le Real Estate Company $369,900
Listed by Le Real Estate Company

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,212
  • Building Area: 2,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,212
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: SFR-43

Geography

  • Account Number: 7616
  • Parcel: WEBS M:96 B:A P:15
  • Block: A
  • Municipality: WEBSTER
  • Latitude: 42.0764
  • Longitude: -71.8545

    Address

  • Full Address: 16 Oakwood Dr
  • Address - House Number: 16
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Webster
  • Carrier Code: R006
  • 4-Digit Zip Code: 3115
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $591,600

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 556,195
  • High Value: 650,706
  • Low Value: 461,684

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,700
  • Assessed Land Value: $73,000
  • Assessed Improvements Value: $412,700

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24303
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

2428 ft²

Average Home Age

62.4 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72601014

Frequently Asked Questions

When was property at 16 Oakwood Drive built and last sold?
The property at 16 Oakwood Drive was built in 2019 and last sold on Mar 6, 2020 for $374,900.
How much is this home worth?
The estimated value of the home located at 16 Oakwood Drive is $387,523.
What are some comparable homes to 16 Oakwood Drive?
There are currently no comparable homes to 16 Oakwood Drive.
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