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Worcester 01462
11 Peninsula Dr
$225,000
● House - Off Market

11 Peninsula Dr

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,292 Ft²
$310,136
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Handyman special! Come bring your vision.  Cosmetic work needed.  Great corner lot within feet of boat launch and association beach. Dead end road with much privacy in backyard. Lake view across the street.  Home has new flooring, painting and carpet.  Many possibilities with the shed.  Septic system plans in hand buyer to install. Home needs work. House being sold as is where is.  Price reduction is reflection of work needed.  Motivated seller! Hickory Hills lake community has swimming, fishing, boating, snowmobiling, volleyball and many more ways to extend your lifestyle year round.
Unit Size
1,292 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$162
Property Type
House
Property Taxes
$263
HOA Dues
$27
Year Built
1952

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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 #72380430)

Price History

Date / Event Date Event Price
Apr 9, 2019 Sold
Premium
Sold
Aug 16, 2018 Listed by TouchStone Partners, LLC $209,000
Listed by TouchStone Partners, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 320
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,292
  • Gross Building Area: 2,260
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: 712101

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620290002000000
  • Parcel: LUNE M:029.0 B:0020 L:0000.0
  • Block: 20
  • Municipality: LUNENBURG
  • Latitude: 42.6161
  • Longitude: -71.7023

    Address

  • Full Address: 11 Peninsula Dr
  • Address - House Number: 11
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1109
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 314,063
  • High Value: 376,078
  • Low Value: 252,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,300
  • Assessed Land Value: $97,700
  • Assessed Improvements Value: $127,600

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5128
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72380430

Frequently Asked Questions

When was property at 11 Peninsula Drive built and last sold?
The property at 11 Peninsula Drive was built in 1952 and last sold on Apr 9, 2019 for $225,000.
How much is this home worth?
The estimated value of the home located at 11 Peninsula Drive is $221,022.
What are some comparable homes to 11 Peninsula Drive?
There are currently no comparable homes to 11 Peninsula Drive.
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