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Webster 01570
974 School Street
$325,000
● House - Off Market

974 School Street

Webster, MA 01570
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,166 Ft²
$329,353
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Beautiful remodeled home on Upper School Street.  It is a 2 bdrm, 2 Full Bath, 2 car garage property.  There are NEW windows, NEW doors & roof on the garage.  Some plumbing and electrical updated.  All NEW flooring throughout.  NEW exterior doors to the house. Exterior painted last fall.. NEW high Efficiency Gas heater! Some NEW updated cabinets.  NEW lighting fixtures throughout.  There is A/C heat pump on the upper level. Open floor plan concept.  Private back yard. This is a great floor plan with lots of closets for storage.  A quick sale can be completed! Easy access to 395.
Unit Size
1,166 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$279
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1925

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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 #72946353)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Feb 25, 2022 Listed by Emerson REALTORS® $324,900
Listed by Emerson REALTORS®
Sep 24, 2021 Sold
Premium
Sold
Aug 15, 2021 Listed by Emerson REALTORS® $215,000
Listed by Emerson REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 682
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 1,166
  • Gross Building Area: 2,279
  • Building Area: 1,166
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,166
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 984
  • Parcel: WEBS M:6 B:B P:19
  • Block: B
  • Municipality: WEBSTER
  • Latitude: 42.0306
  • Longitude: -71.8797

    Address

  • Full Address: 974 School St
  • Address - House Number: 974
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Webster
  • Carrier Code: C001
  • 4-Digit Zip Code: 3031
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $373,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 351,251
  • High Value: 424,022
  • Low Value: 278,480

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $306,800
  • Assessed Land Value: $54,600
  • Assessed Improvements Value: $252,200

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41788
  • Previous Sale Recording Date: Sep 24, 2021
  • Previous Sale Contract Date: Sep 24, 2021
  • Previous Sale Amount: $200,000
  • 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:

$429,000

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2085 ft²

Average Home Age

93.9 years

Currently For Sale

18 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# 72946353

Frequently Asked Questions

When was property at 974 School Street built and last sold?
The property at 974 School Street was built in 1925 and last sold on Apr 15, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 974 School Street is $323,249.
What are some comparable homes to 974 School Street?
There are currently no comparable homes to 974 School Street.
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