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Worcester 01462
1050 Flat Hill
$70,000
● House - Off Market

1050 Flat Hill

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
1 Bath
square feet
902 Ft²
$196,835
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model

About This Property

GREAT OPPORTUNITY , DON'T MISS OUT ! 3 BEDROOM RANCH, SPACIOUS LOT , PLEASE READ FIRM REMARKS  $500 selling agent bonus is for sales that close on or before 12/30/2011  If the closing is extended for a buyer reason, the bonus will not apply.
Unit Size
902 Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1965

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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 #71253873)

Price History

Date / Event Date Event Price
Jan 26, 2012 Sold
Premium
Sold
Jun 26, 2011 Listed by Forsley Real Estate $84,900
Listed by Forsley Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 902
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 902
  • Gross Building Area: 1,932
  • Building Area: 902
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lunenburg School District
  • School Tax School District: LUNENBURG SD
  • Census Tract: 712102

Zoning

  • Zoning: RB

Geography

  • Account Number: 1621210000300000
  • Parcel: LUNE M:121.0 B:0003 L:0000.0
  • Block: 3
  • Municipality: LUNENBURG
  • Latitude: 42.5659
  • Longitude: -71.6979

    Address

  • Full Address: 1050 Flat Hill Rd
  • Address - House Number: 1050
  • Address - Street Name: Flat Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 2136
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $396,300

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 311,412
  • High Value: 372,905
  • Low Value: 249,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,100
  • Assessed Land Value: $107,500
  • Assessed Improvements Value: $163,600

    Sales

  • Current Sale Recording Date: Jan 26, 2012
  • Current Sale Price:
    Premium
  • Current 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 71253873

Frequently Asked Questions

When was property at 1050 Flat Hill Road built and last sold?
The property at 1050 Flat Hill Road was built in 1965 and last sold on Jan 1, 1970 for $70,000.
How much is this home worth?
The estimated value of the home located at 1050 Flat Hill Road is $93,612.
What are some comparable homes to 1050 Flat Hill Road?
There are currently no comparable homes to 1050 Flat Hill Road.
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