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Webster 01570
8 Raleigh Rd
$315,000
● House - Off Market

8 Raleigh Rd

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$290,386
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Well-Loved Family Home ready to Welcome the next generation! Located on a corner lot in an established neighborhood, this home checks off all the boxes for First Timers or Downsizers alike! One Level Living  with full basement for storage, hobbies, or future expansion! Recently upgraded Electric Service from fuses to Circuit Breakers. Large cabinet packed kitchen with dining area, 3 Good Sized Bedrooms all with Hardwood Flooring under Carpet. Full Bath in Center of Home with Tub & Shower. Living Room off of the kitchen also has Hardwoods under. Huge potential in basement with high ceilings, professional waterproofing system and direct access to the one car garage. Showings Begin Right Away. Open House Sunday 5/21 11am-1pm.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$247
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1963

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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 #73111226)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 23, 2023 In contract -
In contract
May 15, 2023 Listed by ERA Key Realty Services - Worcester $289,900
Listed by ERA Key Realty Services - Worcester

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,176
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,176
  • Gross Building Area: 2,361
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 696
  • Parcel: WEBS M:3 B:M P:22
  • Block: M
  • Municipality: WEBSTER
  • Latitude: 42.0387
  • Longitude: -71.885

    Address

  • Full Address: 8 Raleigh Rd
  • Address - House Number: 8
  • Address - Street Name: Raleigh
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: C001
  • 4-Digit Zip Code: 4306
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $337,900

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 315,646
  • High Value: 377,876
  • Low Value: 253,417

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $277,400
  • Assessed Land Value: $59,600
  • Assessed Improvements Value: $217,800

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49540
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:

$429,000

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1951 ft²

Average Home Age

87.6 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: 4 months ago
Data Source: MLS PIN, MLS# 73111226

Frequently Asked Questions

When was property at 8 Raleigh Road built and last sold?
The property at 8 Raleigh Road was built in 1963 and last sold on Jun 23, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 8 Raleigh Road is $294,493.
What are some comparable homes to 8 Raleigh Road?
There are currently no comparable homes to 8 Raleigh Road.
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