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Worcester 01603 Webster Square
7 Laurel Brook Drive
$320,000
● House - Off Market

7 Laurel Brook Drive

Worcester, MA 01603
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,272 Ft²
$283,404
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Spacious single family attached home offering large rooms plus additional space in the finished lower level.  Sun filled living room with a bay window, eat in kitchen with a door that opens to the 25' x 10' newly redone deck with composite boards.  Conveniently located is a half bath with a washer and dryer on the first level.  Two bedrooms are located on the second floor with a separate zone of heat.  The finished lower level features a family room or office, this space is heated by baseboard electric, the second room is perfect an exercise area or storage.  Newer roof and windows, well maintained, move in ready, exterior is vinyl sided for easy care.  Nice flat corner lot in this quiet location within minutes to shopping, local highways, schools and conveniences.
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$224
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1985

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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 #73130517)

Price History

Date / Event Date Event Price
Aug 7, 2023 Sold
Premium
Sold
Jul 2, 2023 In contract -
In contract
Jun 28, 2023 Listed by RE/MAX Vision $285,000
Listed by RE/MAX Vision
Jun 26, 1998 Sold
Premium
Sold
Feb 17, 1998 Listed by RE/MAX Vision $76,000
Listed by RE/MAX Vision

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 4
  • 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: 552
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,007
  • Total Building Area: 1,127
  • Gross Building Area: 1,929
  • Building Area: 1,127
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,127
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILDWOOD ESTATES SEC I
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 42-020-00043
  • Parcel: WORC M:42 B:020 L:00043
  • Block: 20
  • Lot: 43
  • Municipality: WORCESTER
  • Latitude: 42.2465
  • Longitude: -71.853

    Address

  • Full Address: 7 Laurel Brook Dr
  • Address - House Number: 7
  • Address - Street Name: Laurel Brook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1614
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,400

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 319,542
  • High Value: 384,598
  • Low Value: 254,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,100
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $170,500

    Sales

  • Current Sale Contract Date: Aug 07, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64537
  • Previous Sale Recording Date: Jun 26, 1998
  • Previous Sale Amount: $76,200
  • 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73130517

Frequently Asked Questions

When was property at 7 Laurel Brook Drive built and last sold?
The property at 7 Laurel Brook Drive was built in 1985 and last sold on Aug 7, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 7 Laurel Brook Drive is $289,923.
What are some comparable homes to 7 Laurel Brook Drive?
There are currently no comparable homes to 7 Laurel Brook Drive.
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