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Worcester 01570
8 Oakmont St.
$115,000
● House - Off Market

8 Oakmont St.

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,628 Ft²
$148,698
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Investors take notice. This house has two large bedrooms upstairs and a very large bedroom on the first floor. It needs work.  It is less than an 1/8 of a mile to Webster Lake - Lakeside Beach. Large flat back yard. Property is being sold AS IS. Inspections for informational purposes only.
Unit Size
1,628 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$68
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72711234)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Sep 30, 2020 Sold
Premium
Sold
Aug 17, 2020 Listed by Century 21 Lake Realty $110,000
Listed by Century 21 Lake Realty
Jun 20, 2019 Sold
Premium
Sold
Dec 5, 2018 Listed by Century 21 Lake Realty $89,900
Listed by Century 21 Lake Realty
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 7
  • Basement Area: 1,042
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,100
  • Gross Building Area: 2,716
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE
  • Land Acres: 0000000115
  • 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: 4281
  • Parcel: WEBS M:45 B:K P:8
  • Block: K
  • Municipality: WEBSTER
  • Latitude: 42.028
  • Longitude: -71.8236

    Address

  • Full Address: 8 Oakmont St
  • Address - House Number: 8
  • Address - Street Name: Oakmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Webster
  • Carrier Code: R001
  • 4-Digit Zip Code: 3529
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $527,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 511,258
  • High Value: 598,083
  • Low Value: 424,434

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,300
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $379,100

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138413
  • Previous Sale Recording Date: Sep 30, 2020
  • Previous Sale Contract Date: Sep 28, 2020
  • Previous Sale Amount: $115,000
  • 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

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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: 5 months ago
Data Source: MLS PIN, MLS# 72711234

Frequently Asked Questions

When was property at 8 Oakmont Street built and last sold?
The property at 8 Oakmont Street was built in 1940 and last sold on Sep 30, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 8 Oakmont Street is $127,619.
What are some comparable homes to 8 Oakmont Street?
There are currently no comparable homes to 8 Oakmont Street.
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