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Webster 01570
37 Second Island Road
$87,000
● House - Off Market

37 Second Island Road

Webster, MA 01570
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,176 Ft²
$334,803
RealtyHop Estimate
272.42%
Since Jul 1, 1996
National-US
Primary Model

About This Property

CUTE AS A BUTTON CAPE WITH ENCLOSED PORCH, 1ST FLOOR LAUNDRY, HARDWOOD FLOORS, VINYL-SIDED, REPLACEMENT WINDOWS, LOWER LEVEL FAMILYROOM, AND 14X30 INGROUND POOL!  PUBLIC WATER AND SEWER!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$76
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #30070120)

Price History

Date / Event Date Event Price
Jun 21, 1996 Sold
Premium
Sold
Sep 25, 1995 Listed $89,900
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,176
  • Gross Building Area: 2,266
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: SFR-12

Geography

  • Account Number: 2990
  • Parcel: WEBS M:26 B:B P:10
  • Block: B
  • Municipality: WEBSTER
  • Latitude: 42.0553
  • Longitude: -71.8649

    Address

  • Full Address: 37 2nd Island Rd
  • Address - House Number: 37
  • Address - Street Name: 2nd Island
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: C007
  • 4-Digit Zip Code: 1730
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $298,400

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 325,586
  • High Value: 393,155
  • Low Value: 258,017

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $245,000
  • Assessed Land Value: $53,500
  • Assessed Improvements Value: $191,500

    Sales

  • Current Sale Recording Date: Jun 21, 1996
  • Current Sale Price:
    Premium
  • Current 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 Webster

Stats & Trends

Median Asking:

$429,450

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2113 ft²

Average Home Age

90 years

Currently For Sale

21 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 years ago
Data Source: MLS PIN, MLS# 30070120

Frequently Asked Questions

When was property at 37 2 Island Road built and last sold?
The property at 37 2 Island Road was built in 1950 and last sold on Jan 1, 1970 for $87,000.
How much is this home worth?
The estimated value of the home located at 37 2 Island Road is $0.
What are some comparable homes to 37 2 Island Road?
There are currently no comparable homes to 37 2 Island Road.
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