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Worcester 01523
124 Chace Hill Rd
$316,000
● House - Off Market

124 Chace Hill Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$470,422
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Adorable 3 bedroom ranch with updated kitchen and bath sited on pastoral lot in desirable area! This pristine ranch features and oversized 2 car garage/ workshop, partially finished basement and a huge back deck overlooking a sprawling back yard.  Vinyl sided and vinyl windows. Architectural shingled roof. Updated septic system and 200 amp electric service. Kitchen includes solid surface countertops, tiled floors, Built in wall oven and glass cooktop, center island, dining area and sliders to deck.  Big living room with hardwood floors and fieldstone fireplace with woodstove insert. 3 generous bedrooms and updated bath with new tiled floor. Hurry on this one!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$263
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1965

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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 #72184911)

Price History

Date / Event Date Event Price
Aug 14, 2017 Sold
Premium
Sold
Jun 20, 2017 Listed by Keller Williams Realty North Central $295,000
Listed by Keller Williams Realty North Central
Oct 5, 2007 Sold
Premium
Sold
Aug 22, 2007 Listed by Keller Williams Realty North Central $299,900
Listed by Keller Williams Realty North Central

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 1,120
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:044.0 B:0000 L:0014.0
  • Lot: 14.0
  • Municipality: LANCASTER
  • Latitude: 42.4286
  • Longitude: -71.7135

    Address

  • Full Address: 124 Chace Hill Rd
  • Address - House Number: 124
  • Address - Street Name: Chace Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1745
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $709,800

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 481,604
  • High Value: 572,639
  • Low Value: 390,569

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,900
  • Assessed Land Value: $90,300
  • Assessed Improvements Value: $322,600

    Sales

  • Current Sale Recording Date: Aug 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88191
  • Previous Sale Recording Date: Oct 05, 2007
  • Previous Sale Amount: $300,000
  • 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

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 72184911

Frequently Asked Questions

When was property at 124 Chace Hill Road built and last sold?
The property at 124 Chace Hill Road was built in 1965 and last sold on Jan 1, 1970 for $316,000.
How much is this home worth?
The estimated value of the home located at 124 Chace Hill Road is $296,580.
What are some comparable homes to 124 Chace Hill Road?
There are currently no comparable homes to 124 Chace Hill Road.
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