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Worcester 01602 Webster Square
8 Outlook Drive
$179,900
● House - Off Market

8 Outlook Drive

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath
square feet
975 Ft²
$451,852
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

METICULOUS RANCH ON EXTRA LARGE LOT FEATURING A NEW KITCHEN, MANICURED LAWN AND GARDENS, WITH A LOVELY INGROUND POOL. MINT! MINT! MINT! NO SHOWINGS UNTIL SAT APRIL 27TH.
Unit Size
975 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$185
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #30604218)

Price History

Date / Event Date Event Price
Nov 17, 2003 Sold
Premium
Sold
Jul 10, 2002 Sold
Premium
Sold
May 6, 2002 Listed by William Raveis R.E. & Home Services $179,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 735
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,146
  • Total Building Area: 975
  • Gross Building Area: 2,158
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000348
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-021-31+32
  • Parcel: WORC M:42 B:021 L:31+32
  • Block: 21
  • Lot: 31+32
  • Municipality: WORCESTER
  • Latitude: 42.2601
  • Longitude: -71.8522

    Address

  • Full Address: 8 Outlook Dr
  • Address - House Number: 8
  • Address - Street Name: Outlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 3056
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,900

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 353,007
  • High Value: 424,259
  • Low Value: 281,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,200
  • Assessed Land Value: $85,900
  • Assessed Improvements Value: $192,300

    Sales

  • Current Sale Recording Date: Nov 17, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 302838
  • Previous Sale Recording Date: Jul 10, 2002
  • Previous Sale Amount: $179,900
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30604218

Frequently Asked Questions

When was property at 8 Outlook Drive built and last sold?
The property at 8 Outlook Drive was built in 1955 and last sold on Jan 1, 1970 for $179,900.
How much is this home worth?
The estimated value of the home located at 8 Outlook Drive is $0.
What are some comparable homes to 8 Outlook Drive?
There are currently no comparable homes to 8 Outlook Drive.
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