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Webster 01570
7 Rainville Ave
$490,900
● House - Off Market

7 Rainville Ave

Webster, MA 01570
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,975 Ft²
$2,670
Est. Monthly

About This Property

Welcome Home!  Enough room for everyone! Remodeled 6 bed 3 full bath colonial on a dead end street in wonderful Webster MA!. First floor features a New kitchen with quartz counters, center island and SS appliances.  Full tiled bath, living room and two spacious bedrooms.  Second floor complete with two bedrooms, large family room and a full bath with laundry hookups!  Second floor also leads to a private in-law apt with two bathrooms, living room and kitchen complete with a separate entrance! Level backyard perfect for those summer gatherings. Oversized garage and plenty of off street parking.  Located on a quite dead end street and within close proximity to shops, restaurants and highway access! Property has been all redone and ready for new owner! Do not miss out on this one!
Unit Size
2,975 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$160
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1950

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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 #73182454)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Nov 28, 2023 In contract -
In contract
Nov 23, 2023 Listed by RE/MAX American Dream $474,900
Listed by RE/MAX American Dream
Jul 18, 2023 Sold
Premium
Sold
Apr 7, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,050
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,300
  • Total Building Area: 2,975
  • Gross Building Area: 5,297
  • Building Area: 2,975
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,975
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000259
  • 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: 754400

Zoning

  • Zoning: SFR-12

Geography

  • Account Number: 992
  • Parcel: WEBS M:6 B:B P:28
  • Block: B
  • Municipality: WEBSTER
  • Latitude: 42.0299
  • Longitude: -71.8799

    Address

  • Full Address: 7 Rainville Ave
  • Address - House Number: 7
  • Address - Street Name: Rainville
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Webster
  • Carrier Code: C001
  • 4-Digit Zip Code: 3021
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $390,600

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 496,462
  • High Value: 539,141
  • Low Value: 453,782

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $320,700
  • Assessed Land Value: $59,100
  • Assessed Improvements Value: $261,600

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109064
  • Previous Sale Recording Date: Jul 18, 2023
  • Previous Sale Contract Date: Jul 14, 2023
  • Previous Sale Amount: $291,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73182454

Frequently Asked Questions

When was property at 7 Rainville Avenue built and last sold?
The property at 7 Rainville Avenue was built in 1950 and last sold on Dec 29, 2023 for $490,900.
How much is this home worth?
The estimated value of the home located at 7 Rainville Avenue is $471,690.
What are some comparable homes to 7 Rainville Avenue?
There are currently no comparable homes to 7 Rainville Avenue.
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