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Worcester 01570
9 Lake Parkway
$148,000
● House - Off Market

9 Lake Parkway

Webster, MA 01570
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,183 Ft²
$241,580
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Extremely Convenient Location just off Exit 1 of 395! Loads of Potential! 6 Room Cape! Applianced Kitchen! Dining & Living Rooms with Wall to Wall Carpeting Over Hardwoods! 3 Bedrooms with Hardwoods! The First Floor Bedroom has a Commode Closet! Enclosed Porch out to a Composite Deck! Recent Oil Fired Steam Boiler! Updated to Circuit Breakers! Replacement Windows on the Second Floor, Originals on the First Floor! Recent Roof on the House and Garage!
Unit Size
1,183 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$144
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1935

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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: 4 months ago (MLSPIN #72612688)

Price History

Date / Event Date Event Price
Nov 18, 2020 Sold
Premium
Sold
Sep 7, 2020 Listed by Century 21 Lake Realty $279,900
Listed by Century 21 Lake Realty
Apr 7, 2020 Sold
Premium
Sold
Jan 28, 2020 Listed by Century 21 Lake Realty $169,900
Listed by Century 21 Lake Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,676
  • Total Building Area: 1,183
  • Gross Building Area: 1,954
  • Building Area: 1,183
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,183
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: SFR-43

Geography

  • Account Number: 3735
  • Parcel: WEBS M:31 B:C P:5
  • Block: C
  • Municipality: WEBSTER
  • Latitude: 42.0396
  • Longitude: -71.8615

    Address

  • Full Address: 9 Lake Pkwy
  • Address - House Number: 9
  • Address - Street Name: Lake
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Webster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2995
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,000

    Appraisal Valuation

  • Standard Deviation: 0.2652
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 350,125
  • High Value: 442,996
  • Low Value: 257,255

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $371,900
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $322,900

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141584
  • Previous Sale Recording Date: Apr 07, 2020
  • Previous Sale Contract Date: Mar 11, 2020
  • Previous Sale Amount: $148,000
  • 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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
Unit for rent at 1267-unit B Thompson Road, Thompson, CT, 06277

$1,200 /mo

  • 1 Bed
  • 1 Bath
1267-Unit B Thompson Road, Thompson, CT, 06277 Listing by Robin Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72612688

Frequently Asked Questions

When was property at 9 Lake Parkway built and last sold?
The property at 9 Lake Parkway was built in 1935 and last sold on Nov 17, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 9 Lake Parkway is $280,992.
What are some comparable homes to 9 Lake Parkway?
There are currently no comparable homes to 9 Lake Parkway.
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