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Worcester
46 Laurelwood Drive
$170,000
● House - Off Market

46 Laurelwood Drive

Westminster, MA 01473
bedrooms
1 Bed
bathrooms
0 Bath
square feet
264 Ft²
$232,855
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Seasonal waterfront cottage located on beautiful Wyman's Pond. Owned by one family for decades. Large enclosed porch overlooking the water. Open concept living area with kitchen/dining area, living room,and bedroom. Separate sauna building. Babbling brook. Needs some work, but well worth the effort. Convenient location with easy access to Route 2. Offered in "as is'' condition.
Unit Size
264 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$644
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1936

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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 months ago (MLSPIN #72658157)

Price History

Date / Event Date Event Price
Aug 5, 2020 Sold
Premium
Sold
May 18, 2020 Listed by Daly's Property Shoppe $170,000
Listed by Daly's Property Shoppe

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 16,988
  • Total Building Area: 264
  • Gross Building Area: 480
  • Building Area: 264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 264
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: P00005
  • Parcel: WMIN M:138 B: L:33
  • Lot: 33
  • Municipality: WESTMINSTER
  • Latitude: 42.5337
  • Longitude: -71.8872

    Address

  • Full Address: 46 Laurelwood Dr
  • Address - House Number: 46
  • Address - Street Name: Laurelwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westminster
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 352,480
  • High Value: 422,426
  • Low Value: 282,533

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,900
  • Assessed Land Value: $278,400
  • Assessed Improvements Value: $29,500

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13017
  • Previous Sale Recording Date: Nov 15, 2007
  • 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

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72658157

Frequently Asked Questions

When was property at 46 Laurelwood Drive built and last sold?
The property at 46 Laurelwood Drive was built in 1936 and last sold on Aug 4, 2020 for $170,000.
How much is this home worth?
The estimated value of the home located at 46 Laurelwood Drive is $167,398.
What are some comparable homes to 46 Laurelwood Drive?
There are currently no comparable homes to 46 Laurelwood Drive.
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