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Webster 01570
5 Oak Tree Ln
$335,000
● House - Off Market

5 Oak Tree Ln

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath
square feet
950 Ft²
$330,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Step into a lifestyle of ease and convenience in this inviting 3-bedroom, 1-bathroom residence. This well-designed living space is open for all to enjoy! The home welcomes you with a warm atmosphere that begs you to stay awhile. The kitchen features modern stainless steel appliances that elevate your culinary experience. Generous size bedrooms and modern bathroom. Sizable basement fit for a workout space, play area, storage or more! The fenced-in backyard is a private retreat, offering the perfect backdrop for outdoor gatherings or quiet moments of solitude. Seize this rare find before it's gone. Open House 10/14 &10/15 from 10am-12pm
Unit Size
950 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$347
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1956

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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 #73168932)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold
Premium
Sold
Oct 17, 2023 In contract -
In contract
Oct 11, 2023 Listed by ROVI Homes $330,000
Listed by ROVI Homes
May 15, 2020 Sold
Premium
Sold
Feb 25, 2020 Listed by ROVI Homes $239,999
Listed by ROVI Homes
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 950
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,356
  • Total Building Area: 950
  • Gross Building Area: 2,000
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 950
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEBSTER
  • Land Acres: 0000000375
  • 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: SFR-12

Geography

  • Account Number: 2907
  • Parcel: WEBS M:25 B:E P:25
  • Block: E
  • Municipality: WEBSTER
  • Latitude: 42.0559
  • Longitude: -71.864

    Address

  • Full Address: 5 Oak Tree Ln
  • Address - House Number: 5
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Webster
  • Carrier Code: C007
  • 4-Digit Zip Code: 1401
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $384,400

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 335,324
  • High Value: 364,151
  • Low Value: 306,497

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $315,600
  • Assessed Land Value: $60,200
  • Assessed Improvements Value: $255,400

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96339
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: May 15, 2020
  • Previous Sale Amount: $246,000
  • 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# 73168932

Frequently Asked Questions

When was property at 5 Oak Tree Lane built and last sold?
The property at 5 Oak Tree Lane was built in 1956 and last sold on Nov 16, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 5 Oak Tree Lane is $321,666.
What are some comparable homes to 5 Oak Tree Lane?
There are currently no comparable homes to 5 Oak Tree Lane.
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