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Leominster 01453
10 Lantern Lane
Photo of 10 Lantern Lane
Sold on Aug 30, 2006

1

Map

$305,000
● House - Off Market

10 Lantern Lane

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,620 Ft²
$521,157
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Cape Cod Style home,7Rm/3Br/1&1/2Ba situated in Leominster's finest family neighborhood on a corner lot.  Near Sterling line w/easy access to Rte 190&2. Hardwood floor in living room. Ceramic tile in kitchen, baths and halls.  Finished lower level includes a family room and office.  1st floor laundry and oversized private deck. Nicely landscaped.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$191
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1987

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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 #70382502)

Price History

Date / Event Date Event Price
Aug 25, 2006 Sold
Premium
Sold
May 6, 2006 Listed $309,000
Listed
Apr 23, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,854
  • Total Building Area: 1,332
  • Gross Building Area: 3,312
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE
  • Land Acres: 0000000295
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leominster School District
  • School Tax School District: LEOMINSTER SD
  • Census Tract: 709201

Geography

  • Parcel: LEOM M:0456 B:0019A L:0000
  • Block: 19A
  • Municipality: LEOMINSTER
  • Latitude: 42.4923
  • Longitude: -71.7498

    Address

  • Full Address: 10 Lantern Ln
  • Address - House Number: 10
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Leominster
  • Carrier Code: R005
  • 4-Digit Zip Code: 5952
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 500,578
  • High Value: 591,887
  • Low Value: 409,268

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,500
  • Assessed Land Value: $117,700
  • Assessed Improvements Value: $276,800

    Sales

  • Current Sale Recording Date: Aug 25, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 100548
  • Previous Sale Recording Date: Apr 23, 1987
  • Previous Sale Amount: $171,235
  • 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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2284 ft²

Average Home Age

77.6 years

Currently For Sale

97 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 months ago
Data Source: MLS PIN, MLS# 70382502

Frequently Asked Questions

When was property at 10 Lantern Lane built and last sold?
The property at 10 Lantern Lane was built in 1987 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 10 Lantern Lane is $319,203.
What are some comparable homes to 10 Lantern Lane?
There are currently no comparable homes to 10 Lantern Lane.
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