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Webster 01570
40 Elm St
$348,000
● House - Off Market

40 Elm St

Webster, MA 01570
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,716 Ft²
$359,821
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Come check out this updated 4 bedroom home with almost 1800 square feet of functional space on a double lot.  The property includes a 2 car garage and a newly fenced in backyard with an in-ground pool and play area.  This home features hardwood floors, a spacious sun room overlooking the backyard and 4 decent sized bedrooms.   The kitchen was updated to include granite counter tops & stainless steel appliances.   A propane based heating system was also installed in 2020.  Come check out the potential that this home has to offer during our open house on Sunday 11/27 from 11:00-12:30.
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$198
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1875

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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 months ago (MLSPIN #73060579)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Dec 16, 2022 In contract -
In contract
Nov 24, 2022 Listed by Cedar Wood Realty Group $339,900
Listed by Cedar Wood Realty Group
Nov 7, 2019 Sold
Premium
Sold
Jul 11, 2019 Listed by Cedar Wood Realty Group $235,000
Listed by Cedar Wood Realty Group
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,447
  • Total Building Area: 1,716
  • Gross Building Area: 3,068
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000423
  • 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: MR-12,

Geography

  • Account Number: 1779
  • Parcel: WEBS M:13 B:M P:9
  • Block: M
  • Municipality: WEBSTER
  • Latitude: 42.0464
  • Longitude: -71.8782

    Address

  • Full Address: 40 Elm St
  • Address - House Number: 40
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Webster
  • Carrier Code: C003
  • 4-Digit Zip Code: 2625
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $441,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 384,042
  • High Value: 478,186
  • Low Value: 289,898

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $362,600
  • Assessed Land Value: $61,800
  • Assessed Improvements Value: $300,800

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9826
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Nov 06, 2019
  • Previous Sale Amount: $240,000
  • 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 Webster

Stats & Trends

Median Asking:

$429,000

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2000 ft²

Average Home Age

90.8 years

Currently For Sale

20 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# 73060579

Frequently Asked Questions

When was property at 40 Elm Street built and last sold?
The property at 40 Elm Street was built in 1875 and last sold on Jan 31, 2023 for $348,000.
How much is this home worth?
The estimated value of the home located at 40 Elm Street is $339,487.
What are some comparable homes to 40 Elm Street?
There are currently no comparable homes to 40 Elm Street.
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