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Worcester 01570
3 Cedar Dr
$166,000
● House - Off Market

3 Cedar Dr

Webster, MA 01570
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
850 Ft²
$315,215
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Walk To WEBSTER LAKE ACCESS!   Why Pay Condo Fees When You Can Own Your Own Home!  Looking To Downsize Or Just A Great Starter!   Move Into This Completely Renovated Home!  Applianced Eat In Kitchen With Granite Counters - Dining Area With Wood Floor And French Door To New Pressure Treated Deck! New Full Bath With Marble & Granite! 1st Floor Bedroom Freshly Painted With All New Carpeting And A Full  Closet! Large Picture Window Living Room With Wood Floor! Brand New 2nd Floor Master Suite With View Of Webster Lake!  Huge Walk In Closet And New 1/2 Bath With Granite! 17 Ft. Enclosed Sun Room! Full Basement With Laundry Hookups And Workshop Area ! Newer Furnace 2010! Beautifully Landscaped Lot With Flowering Bushes & Trees! Brick  Patio! All Town Services! Minutes To Rt. 395!  Close To Shopping!  IMMEDIATE OCCUPANCY!
Unit Size
850 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$200
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
1920

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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 #71674982)

Price History

Date / Event Date Event Price
Jul 10, 2014 Sold
Premium
Sold
May 4, 2014 Listed by Century 21 Lake Realty $169,900
Listed by Century 21 Lake Realty
Oct 11, 2013 Sold
Premium
Sold
Aug 2, 2013 Listed by Century 21 Lake Realty $60,000
Listed by Century 21 Lake Realty
Nov 1, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 7
  • Basement Area: 644
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,080
  • Total Building Area: 869
  • Gross Building Area: 1,658
  • Building Area: 869
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 869
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NARROW LAND CO MAP 03
  • Land Acres: 0000000071
  • 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: 5038
  • Parcel: WEBS M:56 B:C P:9
  • Block: C
  • Municipality: WEBSTER
  • Latitude: 42.0438
  • Longitude: -71.857

    Address

  • Full Address: 3 Cedar Dr
  • Address - House Number: 3
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Webster
  • Carrier Code: R007
  • 4-Digit Zip Code: 1595
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $291,100

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 309,932
  • High Value: 371,541
  • Low Value: 248,324

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $239,000
  • Assessed Land Value: $56,400
  • Assessed Improvements Value: $182,600

    Sales

  • Current Sale Recording Date: Jul 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61417
  • Previous Sale Recording Date: Oct 11, 2013
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: O
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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
Unit for rent at 1267-unit B Thompson Road, Thompson, CT, 06277

$1,200 /mo

  • 1 Bed
  • 1 Bath
1267-Unit B Thompson Road, 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# 71674982

Frequently Asked Questions

When was property at 3 Cedar Drive built and last sold?
The property at 3 Cedar Drive was built in 1920 and last sold on Jan 1, 1970 for $166,000.
How much is this home worth?
The estimated value of the home located at 3 Cedar Drive is $171,926.
What are some comparable homes to 3 Cedar Drive?
There are currently no comparable homes to 3 Cedar Drive.
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