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Worcester 01581
5 Overlook Dr
$395,000
● House - Off Market

5 Overlook Dr

Westborough, MA 01581
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,806 Ft²
$861,082
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

This lovely home is beautifully remodeled with granite in kitchen and baths.  Gleaming hardwood floors, Freshly painted interior,  First floor office, screened porch overlooking private inground pool. Large backyard continues to stone wall.  A great  home in a super neighborhood. We have included pictures from every season to best show this beautiful property.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$221
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1968

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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 #71346842)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by RE/MAX Prestige $597,000
Listed by RE/MAX Prestige
Jun 28, 2012 Sold
Premium
Sold
Mar 5, 2012 Listed by RE/MAX Prestige $399,900
Listed by RE/MAX Prestige
Feb 17, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 840
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 19,332
  • Total Building Area: 1,855
  • Gross Building Area: 3,073
  • Building Area: 1,855
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,855
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000444
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 742401

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0009 B:000061 L:0
  • Block: 61
  • Municipality: WESTBOROUGH
  • Latitude: 42.2514
  • Longitude: -71.6314

    Address

  • Full Address: 5 Overlook Dr
  • Address - House Number: 5
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westborough
  • Carrier Code: R004
  • 4-Digit Zip Code: 3521
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,069,600

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 744,543
  • High Value: 864,760
  • Low Value: 624,326

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $651,800
  • Assessed Land Value: $315,500
  • Assessed Improvements Value: $336,300

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 167796
  • Previous Sale Recording Date: Jun 28, 2012
  • Previous Sale Amount: $395,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71346842

Frequently Asked Questions

When was property at 5 Overlook Drive built and last sold?
The property at 5 Overlook Drive was built in 1968 and last sold on Nov 30, 2021 for $672,500.
How much is this home worth?
The estimated value of the home located at 5 Overlook Drive is $605,915.
What are some comparable homes to 5 Overlook Drive?
There are currently no comparable homes to 5 Overlook Drive.
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