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Webster 01570
50B Lake Parkway
$174,000
● House - Off Market

50B Lake Parkway

Webster, MA 01570
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,364 Ft²
$335,411
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Terrific starter home. Hardwood and tile throughout the home. No carpets! Plenty of room to add an additional bedroom or garage. Stone and masonry work that doesn't exist in most homes at this price point. No work needed. Everything is done. Home is less than 10 years old. Commutable to Worcester, walking distance to the lake. Must see! Flat back-yard fenced in for privacy with plenty of room for a swing-set, play area, or garden.
Unit Size
1,364 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$132
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
2006

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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 #71766634)

Price History

Date / Event Date Event Price
Oct 26, 2020 Sold
Premium
Sold
Jan 30, 2015 Sold
Premium
Sold
Nov 7, 2014 Listed by Keller Williams Realty Westborough $179,900
Listed by Keller Williams Realty Westborough

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 8
  • Basement Area: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,823
  • Total Building Area: 1,483
  • Gross Building Area: 1,938
  • Building Area: 1,483
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,483
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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: 754100

Zoning

  • Zoning: SFR-12

Geography

  • Account Number: 7962
  • Parcel: WEBS M:12 B:D P:3 E:2
  • Block: D P:3
  • Municipality: WEBSTER
  • Latitude: 42.0402
  • Longitude: -71.8703

    Address

  • Full Address: 50b Lake Pkwy
  • Address - House Number: 50b
  • Address - Street Name: Lake
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Webster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2949
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $423,700

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 368,720
  • High Value: 446,310
  • Low Value: 291,131

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $347,900
  • Assessed Land Value: $57,600
  • Assessed Improvements Value: $290,300

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128460
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Amount: $174,000
  • 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:

$429,450

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2162 ft²

Average Home Age

85.7 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
Unit for rent at 1267 Thompson Road, Thompson, CT, 06277

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 528 ft²
1267 Thompson Road #APTB, Thompson, CT, 06277 Listing by Robin Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71766634

Frequently Asked Questions

When was property at 50B Lake Parkway built and last sold?
The property at 50B Lake Parkway was built in 2006 and last sold on Oct 22, 2020 for $288,000.
How much is this home worth?
The estimated value of the home located at 50B Lake Parkway is $181,506.
What are some comparable homes to 50B Lake Parkway?
There are currently no comparable homes to 50B Lake Parkway.
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