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Worcester
38 Lakeview Ave
Photo of 38 Lakeview Ave
Sold on Oct 29, 2004

1

Map

$375,000
● House - Off Market

38 Lakeview Ave

Dudley, MA 01571
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,923 Ft²
$769,081
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

REDUCED! CHOICE WATERFRONT PROPERTY, GREAT NEIGHBORHOOD, 85' BEACH FRONTAGE, HDWD FLR, DECK & BALCONY, SLIDER TO DECK, WOOD BURNING STOVE, WALK OUT BASEMENT WITH JACUZZI AND SAUNA, NICELY LANDSCAPE, SERENE LOCATION, 6 MONTH OLD ROOF
Unit Size
2,923 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$133
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #70015984)

Price History

Date / Event Date Event Price
Oct 29, 2004 Sold
Premium
Sold
Apr 6, 2004 Listed $389,900
Listed
Nov 29, 1996 Sold
Premium
Sold
Nov 6, 1995 Listed $187,500
Listed
EXCELLENT WATERFRONT LIVING! CALL RE/MAX TO ENJOY ALL THE TOYS! 2 FPLCS, DECK, GLASS, SAUNA, JACUZZI, OUTDOOR SHOWER. HUGE FAMILY ROOM, 3 ZONE HEAT, 2 CAR GARAGE AND 85' OF WATERFRONT WITH SANDY BEACH!!

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,800
  • Total Building Area: 1,914
  • Gross Building Area: 4,456
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KONKEL BROS INC WEBSTER
  • Land Acres: 0000000294
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755100

Geography

  • Parcel: DUDL M:113 L:112
  • Lot: 112
  • Municipality: DUDLEY
  • Latitude: 42.0517
  • Longitude: -71.9042

    Address

  • Full Address: 38 Lakeview Ave
  • Address - House Number: 38
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dudley
  • Carrier Code: R008
  • 4-Digit Zip Code: 5852
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,200

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 574,505
  • High Value: 673,165
  • Low Value: 475,845

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,300
  • Assessed Land Value: $206,300
  • Assessed Improvements Value: $354,000

    Sales

  • Current Sale Recording Date: Oct 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 197492
  • Previous Sale Recording Date: Nov 29, 1996
  • Previous Sale Amount: $170,000
  • 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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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: 5 months ago
Data Source: MLS PIN, MLS# 70015984

Frequently Asked Questions

When was property at 38 Lakeview Avenue built and last sold?
The property at 38 Lakeview Avenue was built in 1974 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 38 Lakeview Avenue is $412,602.
What are some comparable homes to 38 Lakeview Avenue?
There are currently no comparable homes to 38 Lakeview Avenue.
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