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Worcester 01523
122 Neck Rd
Photo of 122 Neck Rd
Sold on Aug 31, 2010

1

Map

$285,000
● House - Off Market

122 Neck Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$644,284
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

One of Lancaster's prettiest settings! Private 2.94 acres minutes to town center. Sweeping yard showcases newly refreshed 2100 sq ft Cape. Recently painted int w/Fireplcd living rm, 23X17 fam rm, fully applianced kitchen w/new granite counters, 3 bdrms. Lower level w /2nd fireplace & full bath; walk-out; nds finish..potential for grt inlaw/apt. 2nd flr is large open loft area + walk-in attic #. Small barn in rear. A+ Alarm system, newly installed exterior drains, town water; sewer. NO BETTERMENT
Unit Size
2,100 Ft²
Days on Market
-
Land Size
2.94 acres
Price per sqft
$143
Property Type
House
Property Taxes
$400
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: 2 years ago (MLSPIN #71103307)

Price History

Date / Event Date Event Price
Aug 31, 2010 Sold
Premium
Sold
Jun 29, 2010 Listed by Coldwell Banker Residential Brokerage - Bolton $299,900
Listed by Coldwell Banker Residential Brokerage - Bolton
Jul 23, 1999 Sold
Premium
Sold
May 18, 1999 Listed by Coldwell Banker Residential Brokerage - Bolton $225,000
Listed by Coldwell Banker Residential Brokerage - Bolton

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,176
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 128,066
  • Total Building Area: 2,724
  • Gross Building Area: 2,724
  • Building Area: 2,724
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,724
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002940
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:034.0 B:0000 L:0077.0
  • Lot: 77.0
  • Municipality: LANCASTER
  • Latitude: 42.4532
  • Longitude: -71.6683

    Address

  • Full Address: 122 Neck Rd
  • Address - House Number: 122
  • Address - Street Name: Neck
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2237
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $843,900

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 613,343
  • High Value: 716,064
  • Low Value: 510,621

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,900
  • Assessed Land Value: $115,600
  • Assessed Improvements Value: $375,300

    Sales

  • Current Sale Recording Date: Aug 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00094065
  • Previous Sale Recording Date: Jul 23, 1999
  • Previous Sale Amount: $225,000
  • 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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: 2 years ago
Data Source: MLS PIN, MLS# 71103307

Frequently Asked Questions

When was property at 122 Neck Road built and last sold?
The property at 122 Neck Road was built in 1960 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 122 Neck Road is $0.
What are some comparable homes to 122 Neck Road?
There are currently no comparable homes to 122 Neck Road.
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