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Worcester 01570
2 Panarelli Way
Photo of 2 Panarelli Way
Sold on May 23, 2011

1

Map

$275,000
● House - Off Market

2 Panarelli Way

Webster, MA 01570
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$645,633
RealtyHop Estimate
118.86%
Since Jun 1, 2011
National-US
Primary Model

About This Property

BUYERS -  Good News - SHORT SALE Extended!!......WHAT A DEAL !!!!............ Spacious Home that is Packed with Extras!!  You will Love the Sunny and inviting 2cd Floor In-Law Apt~Complete with Chair Lift from First Floor!!!!  " OVERSIZED " 3 Car Garage, High Ceilings with Plenty of Built-in Storage and Shelving.  Large Eat-in Cabinet packed Kitchen/Dining area ~ Cul de Sac of only 5 Homes in this Kid Friendly Neighborhood! 10 minutes to I-395! Priced to Sell ~ Don't Delay ~ Call Today!!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$98
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
2003

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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: 7 months ago (MLSPIN #71178902)

Price History

Date / Event Date Event Price
May 23, 2011 Sold
Premium
Sold
Jan 15, 2011 Listed by Hope Real Estate Group, Inc. $295,000
Listed by Hope Real Estate Group, Inc.
Jun 20, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,048
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,414
  • Total Building Area: 2,960
  • Gross Building Area: 5,098
  • Building Area: 2,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNY SHORES PH 03
  • Land Acres: 0000000285
  • 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-12

Geography

  • Account Number: 7486
  • Parcel: WEBS M:44 B:A P:13 E:32
  • Block: A P:13
  • Municipality: WEBSTER
  • Latitude: 42.0282
  • Longitude: -71.8206

    Address

  • Full Address: 2 Panarelli Way
  • Address - House Number: 2
  • Address - Street Name: Panarelli
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Webster
  • Carrier Code: R001
  • 4-Digit Zip Code: 3500
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 557,757
  • High Value: 644,919
  • Low Value: 470,595

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,500
  • Assessed Land Value: $59,900
  • Assessed Improvements Value: $474,600

    Sales

  • Current Sale Recording Date: May 23, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000004
  • Previous Sale Recording Date: Jun 20, 2003
  • Previous Sale Amount: $345,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 7 months ago
Data Source: MLS PIN, MLS# 71178902

Frequently Asked Questions

When was property at 2 Panarelli Way built and last sold?
The property at 2 Panarelli Way was built in 2003 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 2 Panarelli Way is $0.
What are some comparable homes to 2 Panarelli Way?
There are currently no comparable homes to 2 Panarelli Way.
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