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Worcester 01570
57 Bates Point Rd
$930,000
● House - Off Market

57 Bates Point Rd

Webster, MA 01570
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,572 Ft²
$967,132
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Beautiful lakefront home on Webster lake with it's own sandy beach and totally usable water. totally renovated with summer kitchen and nice yard. with 3 car garage and tons of storage. level lot, with sand to play in and beautiful water for swimming and boating of all types. 5 bedrooms total with 3 bathrooms and area above garage for expansion. 3 season porch is partially insulated for all season enjoyment and passive heat. Entire home is fully air conditioned for the hot days, when you're not in the water. Sit in front of the gas fireplace in the living room on the chilly days.OPEN HOUSE CANCELLED
Unit Size
2,572 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$362
Property Type
House
Property Taxes
$699
HOA Dues
-
Year Built
1965

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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 #73022683)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Aug 8, 2022 Listed by ERA Key Realty Services- Auburn $929,900
Listed by ERA Key Realty Services- Auburn
Aug 26, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,320
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,050
  • Total Building Area: 2,572
  • Gross Building Area: 4,304
  • Building Area: 2,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,572
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE WEBSTER PLAN 05
  • Land Acres: 0000000254
  • 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: 4521
  • Parcel: WEBS M:50 B:A P:63
  • Block: A
  • Municipality: WEBSTER
  • Latitude: 42.0364
  • Longitude: -71.8333

    Address

  • Full Address: 57 Bates Point Rd
  • Address - House Number: 57
  • Address - Street Name: Bates Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: R001
  • 4-Digit Zip Code: 3431
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,065,000

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 789,558
  • High Value: 941,320
  • Low Value: 637,795

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $874,400
  • Assessed Land Value: $393,700
  • Assessed Improvements Value: $480,700

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102187
  • Previous Sale Recording Date: Aug 26, 2004
  • Previous Sale Amount: $387,500
  • Previous Sale Document Type: 27
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

Unit for rent at 1267-unit B Thompson Road, Thompson, CT, 06277

$1,200 /mo

  • 1 Bed
  • 1 Bath
1267-Unit B Thompson Road, 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# 73022683

Frequently Asked Questions

When was property at 57 Bates Point Road built and last sold?
The property at 57 Bates Point Road was built in 1965 and last sold on Sep 16, 2022 for $930,000.
How much is this home worth?
The estimated value of the home located at 57 Bates Point Road is $939,207.
What are some comparable homes to 57 Bates Point Road?
There are currently no comparable homes to 57 Bates Point Road.
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