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Worcester 01570
3 Long Island
$220,000
● House - Off Market

3 Long Island

Webster, MA 01570
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,332 Ft²
$350,044
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

WEBSTER LAKE - Long Island.. Accessible by Boat.. "True Summer Cottage"  Ready to Rough It.. Loads of Potential.. Water on 2 Sides - Western & Eastern Exposures Panoramic Views Across Wide Expanse of the Lake! 3 Separate but Connected Buildings.. #1 Contains - Eat-in Kit & Lake Facing Fam Rm w/Wall A/C!.. #2 - Bunk House - 2 Bedrooms with a Wall A/C & 1/2 Bath!.. #3 - Main Cottage w/Stone Fireplaced Great Room w/Cathedral Ceiling & 2 Bedrooms - 2 w/Wall A/C's and a Recently Installed Full Bath! Unique Buyer Required!
Unit Size
1,332 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$173
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72270357)

Price History

Date / Event Date Event Price
May 3, 2018 Sold
Premium
Sold
Jan 12, 2018 Listed by Century 21 Lake Realty $229,900
Listed by Century 21 Lake Realty
Feb 17, 2012 Sold
Premium
Sold
Aug 25, 2011 Listed by Century 21 Lake Realty $229,900
Listed by Century 21 Lake Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 1,332
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,481
  • Total Building Area: 1,332
  • Gross Building Area: 2,664
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 1

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 754200

Zoning

  • Zoning: LAKE 5

Geography

  • Account Number: 4444
  • Parcel: WEBS M:48 B:D P:14
  • Block: D
  • Municipality: WEBSTER
  • Latitude: 42.0329
  • Longitude: -71.8478

    Address

  • Full Address: 3 Long Is
  • Address - House Number: 3
  • Address - Street Name: Long
  • Address - Suffix Type: Is
  • State: MA
  • City Name: Webster
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $331,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 365,228
  • High Value: 442,729
  • Low Value: 287,726

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,300
  • Assessed Land Value: $132,800
  • Assessed Improvements Value: $139,500

    Sales

  • Current Sale Recording Date: May 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42443
  • Previous Sale Recording Date: Feb 17, 2012
  • Previous Sale Amount: $210,000
  • 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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2398 ft²

Average Home Age

64.4 years

Currently For Sale

2120 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: 5 months ago
Data Source: MLS PIN, MLS# 72270357

Frequently Asked Questions

When was property at 3 Long Island built and last sold?
The property at 3 Long Island was built in 1925 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 3 Long Island is $237,375.
What are some comparable homes to 3 Long Island?
There are currently no comparable homes to 3 Long Island.
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