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Worcester 01570
4 Long Island
$159,900
● House - Off Market

4 Long Island

Webster, MA 01570
bedrooms
2 Beds
bathrooms
1 Bath
square feet
693 Ft²
$184,807
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

WEBSTER LAKE - LONG ISLAND! By Boat Only! Set on a Beautiful 8,250' Lot with 106' of West Facing Waterfront! Once a Quaint Summer Cottage, time and neglect has taken over, but the Structure can be Saved! Walls and Floors appear Straight and Level! "As Is"! Town Water & Sewer Lines are on the Property but not connected, Old Well on the Property presently non functioning! Lots of Potential for the Ambitious!
Unit Size
693 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$231
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #72844620)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
Jun 7, 2021 Listed by Lake Realty $159,900
Listed by Lake Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 9
  • Basement Area: 396
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 693
  • Gross Building Area: 1,089
  • Building Area: 693
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 693
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • 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: 4442
  • Parcel: WEBS M:48 B:D P:13
  • Block: D
  • Municipality: WEBSTER
  • Latitude: 42.033
  • Longitude: -71.8484

    Address

  • Full Address: 4 Long Is
  • Address - House Number: 4
  • Address - Street Name: Long
  • Address - Suffix Type: Is
  • State: MA
  • City Name: Webster
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $198,400

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 215,251
  • High Value: 258,038
  • Low Value: 172,463

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $162,900
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $19,800

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92701
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

57

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72844620

Frequently Asked Questions

When was property at 4 Long Island built and last sold?
The property at 4 Long Island was built in 1900 and last sold on Jun 29, 2021 for $159,900.
How much is this home worth?
The estimated value of the home located at 4 Long Island is $0.
What are some comparable homes to 4 Long Island?
There are currently no comparable homes to 4 Long Island.
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