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Worcester 01570
53 Colonial Road
Photo of 53 Colonial Road
Sold on Jun 13, 2025

37

Map

Photo of 53 Colonial Road
Photo of 53 Colonial Road
$1,100,000
● House - Off Market

53 Colonial Road

Webster, MA 01570
bedrooms
1 Bed
bathrooms
1 Bath
square feet
560 Ft²
$6,388
Est. Monthly
1.10%
Cap Rate

About This Property

WEBSTER LAKE!!! Prime Western Facing - Beautiful Sunsets - Panoramic Views of South Pond! 9,482 Sq. Ft. Waterfront Lot! 100' Waterfront! 100' Road Frontage! Use the White Cottage while waiting for the Building to Start! The 21,651' Lot across the street is made up of what were 5 Lots, with Building Code changes 4 Lots are Possible! This is an Open Palette, Use Your Imagination! Builders/Developers Here's Your Chance!!!
Unit Size
560 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$2,143
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1935

Payment Calculator

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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: 2 years ago (MLSPIN #73252913)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
Mar 30, 2025 In contract -
In contract
Jun 15, 2024 Listed $1,199,900
Listed
Aug 17, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 9
  • Basement Area: 550
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,482
  • Total Building Area: 560
  • Gross Building Area: 1,100
  • Building Area: 560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 560
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: LAKE 5

Geography

  • Account Number: 3962
  • Parcel: WEBS M:39 B:A P:45
  • Block: A
  • Municipality: WEBSTER
  • Latitude: 42.0284
  • Longitude: -71.8324

    Address

  • Full Address: 53 Colonial Rd
  • Address - House Number: 53
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,800

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 491,646
  • High Value: 576,063
  • Low Value: 407,230

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $417,700
  • Assessed Land Value: $355,500
  • Assessed Improvements Value: $62,200

    Sales

  • Current Sale Recording Date: Aug 17, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    Last Sale Mortgage

  • First Mortgage Lender:
    Premium
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2398 ft²

Average Home Age

64.4 years

Currently For Sale

2120 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: 2 years ago
Data Source: MLS PIN, MLS# 73252913

Frequently Asked Questions

When was property at 53 Colonial Road built and last sold?
The property at 53 Colonial Road was built in 1935 and last sold on Jan 1, 1970 for $110,000.
How much is this home worth?
The estimated value of the home located at 53 Colonial Road is $1,160,212.
What are some comparable homes to 53 Colonial Road?
There are currently no comparable homes to 53 Colonial Road.
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