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Worcester 01606 Indian Lake East
41 Sears Island Dr
Photo of 41 Sears Island Dr
Sold on Jun 8, 2007

1

Map

$251,000
● House - Off Market

41 Sears Island Dr

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,960 Ft²
$442,600
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

WOW! Newer cape on the close-knit community of Sears Island! Wake up or come home and relax to gorgeous water views! Great deck with a built in hot tub, nice level back yard, fenced in!! Beautiful hardwoods, huge kitchen, two full baths, first floor laundry, plenty of storage and more.. What more could you ask for!? Formerly had attached garage which was turned into additional living space - not included in GLA!
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$132
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
2001

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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 #70538298)

Price History

Date / Event Date Event Price
Jun 8, 2007 Sold
Premium
Sold
Mar 9, 2007 Listed $257,850
Listed
Jan 12, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 2
  • Basement Area: 952
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,383
  • Total Building Area: 2,150
  • Gross Building Area: 3,962
  • Building Area: 2,150
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,150
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730500

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 13-033-00087
  • Parcel: WORC M:13 B:033 L:00087
  • Block: 33
  • Lot: 87
  • Municipality: WORCESTER
  • Latitude: 42.2949
  • Longitude: -71.8133

    Address

  • Full Address: 41 Sears Island Dr
  • Address - House Number: 41
  • Address - Street Name: Sears Island
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 3523
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $660,300

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 552,872
  • High Value: 645,205
  • Low Value: 460,539

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,491
  • Assessed Land Value: $112,591
  • Assessed Improvements Value: $347,900

    Sales

  • Current Sale Recording Date: Jun 08, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00075713
  • Previous Sale Recording Date: Jan 12, 2004
  • Previous Sale Amount: $356,000
  • 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 Indian Lake East

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

68

Average Home Size

943 ft²

Average Home Age

51.2 years

Currently For Sale

6 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 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 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# 70538298

Frequently Asked Questions

When was property at 41 Sears Island Drive built and last sold?
The property at 41 Sears Island Drive was built in 2001 and last sold on Jan 1, 1970 for $251,000.
How much is this home worth?
The estimated value of the home located at 41 Sears Island Drive is $277,407.
What are some comparable homes to 41 Sears Island Drive?
There are currently no comparable homes to 41 Sears Island Drive.
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