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Worcester 01570
53 Freeman Ave
$375,000
● House - Off Market

53 Freeman Ave

Webster, MA 01570
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,132 Ft²
$2,241
Est. Monthly

About This Property

Back on the Market Buyer got cold feet, Come and fall in love with this spacious Raised Ranch with Open Floor Plan offering 3 Bedrooms, 2 Full Baths, Vaulted Ceilings and Hardwood Floors throughout, Living room with Fireplace, Sliders Lead to Fully Fenced in Back Yard and Deck Perfect for Entertaining - Master Bedroom has Full Bath - Lower Level offers extra room, Laundry room, Storage and Garage. Short Distance to Beach & Boat Ramp on Webster Lake, minutes from Indian Ranch.
Unit Size
1,132 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$340
Property Type
House
Property Taxes
$350
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 #73292953)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Premium
Sold
Oct 31, 2024 In contract -
In contract
Oct 28, 2024 Relisted $220,000
Relisted
Oct 22, 2024 In contract -
In contract
Oct 2, 2024 Price Decreased $385,000
↓ $10K (2.5%)
Price Decreased
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,132
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,699
  • Total Building Area: 1,132
  • Gross Building Area: 2,188
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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: LAKE 5

Geography

  • Account Number: 4195
  • Parcel: WEBS M:45 B:C P:10
  • Block: C
  • Municipality: WEBSTER
  • Latitude: 42.031
  • Longitude: -71.8251

    Address

  • Full Address: 53 Freeman Ave
  • Address - House Number: 53
  • Address - Street Name: Freeman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Webster
  • Carrier Code: R001
  • 4-Digit Zip Code: 3523
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 54
  • Final Value: 283,082
  • High Value: 347,409
  • Low Value: 218,754

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $344,800
  • Assessed Land Value: $55,500
  • Assessed Improvements Value: $289,300

    Sales

  • Current Sale Recording Date: Oct 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110362
  • Previous Sale Recording Date: Apr 09, 2014
  • Previous Sale Amount: $183,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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 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: 4 months ago
Data Source: MLS PIN, MLS# 73292953

Frequently Asked Questions

When was property at 53 Freeman Avenue built and last sold?
The property at 53 Freeman Avenue was built in 2003 and last sold on Jan 1, 1970 for $226,000.
How much is this home worth?
The estimated value of the home located at 53 Freeman Avenue is $371,804.
What are some comparable homes to 53 Freeman Avenue?
There are currently no comparable homes to 53 Freeman Avenue.
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