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Worcester 01523
1000 George Hill Rd
$327,000
● House - Off Market

1000 George Hill Rd

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,577 Ft²
$709,961
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Location! location! ...striking New England Cape with recently finished upper lever comprising two large bedrooms and bath!!! Hardwood flooring accents the first level with large fireplaced living room open to dining room and accessed by sunroom, young maple kitchen, french doors, 1st floor office, 2 large bedrooms sharing bath, fireplace in basement for future expansion, large fenced yard, grassy corner lot, newer roof and windows, great family home!!!
Unit Size
2,577 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$128
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #71297785)

Price History

Date / Event Date Event Price
Aug 20, 2012 Sold
Premium
Sold
Oct 7, 2011 Listed by Coldwell Banker Residential Brokerage - Bolton $329,900
Listed by Coldwell Banker Residential Brokerage - Bolton
Aug 15, 2005 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,506
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 2,187
  • Gross Building Area: 2,187
  • Building Area: 2,187
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,187
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN T BERGESON PLAN M-600
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:037.0 B:0000 L:0038.0
  • Lot: 38.0
  • Municipality: LANCASTER
  • Latitude: 42.4428
  • Longitude: -71.7057

    Address

  • Full Address: 1000 George Hill Rd
  • Address - House Number: 1000
  • Address - Street Name: George Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2926
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $834,100

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 596,120
  • High Value: 695,676
  • Low Value: 496,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,200
  • Assessed Land Value: $130,500
  • Assessed Improvements Value: $354,700

    Sales

  • Current Sale Recording Date: Aug 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: Aug 15, 2005
  • Previous Sale Amount: $373,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2400 ft²

Average Home Age

64.6 years

Currently For Sale

2117 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71297785

Frequently Asked Questions

When was property at 1000 George Hill Road built and last sold?
The property at 1000 George Hill Road was built in 1960 and last sold on Jan 1, 1970 for $323,730.
How much is this home worth?
The estimated value of the home located at 1000 George Hill Road is $349,994.
What are some comparable homes to 1000 George Hill Road?
There are currently no comparable homes to 1000 George Hill Road.
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