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Worcester 01462
112 Island Rd
$382,900
● House - Off Market

112 Island Rd

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$522,777
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Beautiful, super clean, bright, raised cape, in Hickory Hills Lake Association. Three bedrooms with possible 4th bedroom or office on street level (first level) with separate entrance walk-out to driveway. Stainless steel appliances, Refrigerator, range, and dishwasher to convey.  Open concept Livingroom, kitchen, dining room, with natural granite counter tops and Island. Laundry room on main level. Ready for you to enjoy Hickory Hills Lake privileges! relax on the spacious deck or in the large sparkling Bullfrog year round spa. Nature abounds, short walk to the beach and walking trails .Irrigation  system upgraded. Waterford wood stove included. All on a dead end street. Move-in ready with a possible quick close! * Please remove shoes, or use shoe guards (provided)            OPEN HOUSE IS CANCELLED !!!!!!!!!!!!!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$241
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1998

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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: 6 months ago (MLSPIN #72635534)

Price History

Date / Event Date Event Price
May 4, 2020 Sold
Premium
Sold
Mar 18, 2020 Listed by Keller Williams Realty North Central $369,900
Listed by Keller Williams Realty North Central
Aug 9, 2018 Sold
Premium
Sold
Jun 27, 2018 Listed by Keller Williams Realty North Central $349,900
Listed by Keller Williams Realty North Central
May 18, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,720
  • Total Building Area: 1,370
  • Gross Building Area: 2,672
  • Building Area: 1,370
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,370
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000292
  • 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: 1620240002500000
  • Parcel: LUNE M:024.0 B:0025 L:0000.0
  • Block: 25
  • Municipality: LUNENBURG
  • Latitude: 42.6181
  • Longitude: -71.708

    Address

  • Full Address: 112 Island Rd
  • Address - House Number: 112
  • Address - Street Name: Island
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1113
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $587,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 524,850
  • High Value: 611,492
  • Low Value: 438,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,000
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $299,800

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6967
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Amount: $342,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2377 ft²

Average Home Age

65.2 years

Currently For Sale

2012 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: 6 months ago
Data Source: MLS PIN, MLS# 72635534

Frequently Asked Questions

When was property at 112 Island Road built and last sold?
The property at 112 Island Road was built in 1998 and last sold on Apr 30, 2020 for $382,900.
How much is this home worth?
The estimated value of the home located at 112 Island Road is $376,975.
What are some comparable homes to 112 Island Road?
There are currently no comparable homes to 112 Island Road.
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