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Worcester 01603 Webster Square
50 Nutmeg Dr
$247,000
● House - Off Market

50 Nutmeg Dr

Worcester, MA 01603
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,286 Ft²
$350,353
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Beautiful well cared for home with open floor plan.  This home features economical gas heat plus central air!! Sit by the cozy gas log fireplace and read or watch TV. Kitchen has center island, vaulted ceiling with skylight and newer appliances, open to living room. Exit from either kitchen or living room to a fenced in yard with a deck. 1/2 bath for your guest on 1st floor, full bathroom with private shower/toilet area on 2nd floor. Freshly painted 2nd bedroom.  The basement offers laundry room and is studded for you to finish.
Unit Size
1,286 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$191
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
2003

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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 #72591874)

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold
Premium
Sold
Nov 13, 2019 Listed by Innovative Real Estate Solutions LLC $245,000
Listed by Innovative Real Estate Solutions LLC
Jan 30, 2019 Sold
Premium
Sold
Oct 7, 2018 Listed by Innovative Real Estate Solutions LLC $234,000
Listed by Innovative Real Estate Solutions LLC
Aug 23, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • 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: 472
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,299
  • Total Building Area: 1,286
  • Gross Building Area: 2,126
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731001

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 56-026-0029B
  • Parcel: WORC M:56 B:026 L:0029B
  • Block: 26
  • Lot: 29B
  • Municipality: WORCESTER
  • Latitude: 42.2518
  • Longitude: -71.8594

    Address

  • Full Address: 50 Nutmeg Dr
  • Address - House Number: 50
  • Address - Street Name: Nutmeg
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1247
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $417,200

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 378,506
  • High Value: 449,693
  • Low Value: 307,319

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,900
  • Assessed Land Value: $84,900
  • Assessed Improvements Value: $206,000

    Sales

  • Current Sale Contract Date: Feb 13, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24378
  • Previous Sale Recording Date: Jan 30, 2019
  • Previous Sale Contract Date: Jan 25, 2019
  • Previous Sale Amount: $230,000
  • 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 Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2345 ft²

Average Home Age

93.4 years

Currently For Sale

25 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# 72591874

Frequently Asked Questions

When was property at 50 Nutmeg Drive built and last sold?
The property at 50 Nutmeg Drive was built in 2003 and last sold on Feb 13, 2020 for $247,000.
How much is this home worth?
The estimated value of the home located at 50 Nutmeg Drive is $250,722.
What are some comparable homes to 50 Nutmeg Drive?
There are currently no comparable homes to 50 Nutmeg Drive.
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