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Worcester 01523
131 Kaleva Rd
$295,500
● House - Off Market

131 Kaleva Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$663,594
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

Wonderful 3 bedroom ranch with a nicely updated kitchen offering tile floor, a center island and a nice dining area. Updated bathroom. Hardwood floors in the bedrooms.  Energy efficient triple pane windows. Large walkout basement has a mostly-finished family room with a pellet stove, a bathroom with a large jetted tub and a spectacular closet! Large deck. Circular driveway. Irrigation system (front). 2 Car Gar. Set on 1.5 acres in a neighborhood of upscale homes approx. 1 mile to Route 2.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$237
Property Type
House
Property Taxes
$415
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: 5 months ago (MLSPIN #71399558)

Price History

Date / Event Date Event Price
Oct 15, 2012 Sold
Premium
Sold
Jun 19, 2012 Listed by Coldwell Banker Residential Brokerage - Leominster $307,500
Listed by Coldwell Banker Residential Brokerage - Leominster
Dec 6, 2004 Sold
Premium
Sold
Jul 13, 2004 Listed by Coldwell Banker Residential Brokerage - Leominster $353,000
Listed by Coldwell Banker Residential Brokerage - Leominster

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,300
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,894
  • Building Area: 1,894
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,894
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:001.0 B:0000 L:0017.0
  • Lot: 17.0
  • Municipality: LANCASTER
  • Latitude: 42.5288
  • Longitude: -71.6895

    Address

  • Full Address: 131 Kaleva Rd
  • Address - House Number: 131
  • Address - Street Name: Kaleva
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 3212
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $932,200

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 638,707
  • High Value: 741,011
  • Low Value: 536,404

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,300
  • Assessed Land Value: $105,600
  • Assessed Improvements Value: $436,700

    Sales

  • Current Sale Recording Date: Oct 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Dec 06, 2004
  • Previous Sale Amount: $330,000
  • 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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 71399558

Frequently Asked Questions

When was property at 131 Kaleva Road built and last sold?
The property at 131 Kaleva Road was built in 1965 and last sold on Jan 1, 1970 for $295,500.
How much is this home worth?
The estimated value of the home located at 131 Kaleva Road is $315,241.
What are some comparable homes to 131 Kaleva Road?
There are currently no comparable homes to 131 Kaleva Road.
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