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Worcester 01570
17 Pinewood Drive
$272,000
● House - Off Market

17 Pinewood Drive

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,164 Ft²
$424,346
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Well cared for home in great location.  Updated kitchen with granite counters, tile floor, dining area.   Living room has fireplace. Beautiful wood floors throughout home. Updated full bath, large back yard with shade trees.  New roof with solar panels. Partial finished basement with family room, office, laundry and 1/2 bath.  New septic system installed.  Mass Save has been through home.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$249
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1970

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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 #72568820)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
Sep 22, 2019 Listed by Olde Village Realty $289,900
Listed by Olde Village Realty

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 9
  • Basement Area: 1,164
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,750
  • Total Building Area: 1,939
  • Gross Building Area: 2,410
  • Building Area: 1,939
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,939
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • 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: 6293
  • Parcel: WEBS M:89 B:B P:12
  • Block: B
  • Municipality: WEBSTER
  • Latitude: 42.0726
  • Longitude: -71.8547

    Address

  • Full Address: 17 Pinewood Dr
  • Address - House Number: 17
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Webster
  • Carrier Code: R007
  • 4-Digit Zip Code: 3122
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $399,300

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 401,482
  • High Value: 476,820
  • Low Value: 326,145

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $327,800
  • Assessed Land Value: $50,700
  • Assessed Improvements Value: $277,100

    Sales

  • Current Sale Contract Date: Oct 29, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117379
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 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# 72568820

Frequently Asked Questions

When was property at 17 Pinewood Drive built and last sold?
The property at 17 Pinewood Drive was built in 1970 and last sold on Oct 29, 2019 for $272,000.
How much is this home worth?
The estimated value of the home located at 17 Pinewood Drive is $294,372.
What are some comparable homes to 17 Pinewood Drive?
There are currently no comparable homes to 17 Pinewood Drive.
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