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Webster 01570
38 Cushing Road
$244,900
● House - Off Market

38 Cushing Road

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$346,498
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This home sits on nearly a quarter acre nicely landscaped lot. It originally had a two car garage, however one bay was converted for storage use.  The house could use some freshening -up inside (all floors are hardwood (under rugs and vinyl).  Easy access to RT395, public schools and Memorial Beach on Webster Lake.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$248
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1965

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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: 4 months ago (MLSPIN #72667124)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
Jun 2, 2020 Listed by Oak Hill Properties $249,900
Listed by Oak Hill Properties

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,094
  • Total Building Area: 1,008
  • Gross Building Area: 2,534
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 754400

Zoning

  • Zoning: SFR-12

Geography

  • Account Number: 793
  • Parcel: WEBS M:4 B:D P:5
  • Block: D
  • Municipality: WEBSTER
  • Latitude: 42.0361
  • Longitude: -71.8848

    Address

  • Full Address: 38 Cushing Rd
  • Address - House Number: 38
  • Address - Street Name: Cushing
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: C001
  • 4-Digit Zip Code: 2904
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $327,200

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 320,216
  • High Value: 386,513
  • Low Value: 253,919

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $268,600
  • Assessed Land Value: $58,200
  • Assessed Improvements Value: $210,400

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81468
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:

$429,000

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2085 ft²

Average Home Age

93.9 years

Currently For Sale

18 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# 72667124

Frequently Asked Questions

When was property at 38 Cushing Road built and last sold?
The property at 38 Cushing Road was built in 1965 and last sold on Jul 22, 2020 for $244,900.
How much is this home worth?
The estimated value of the home located at 38 Cushing Road is $251,184.
What are some comparable homes to 38 Cushing Road?
There are currently no comparable homes to 38 Cushing Road.
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