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Worcester 01532
14 Lancaster Rd
$480,000
● House - Off Market

14 Lancaster Rd

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,101,056
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Exceptional home with wonderful open layout & easy 1-level living on estate like 1 acre setting. Custom crafted home. Cathedraled family room with floor to ceiling  stone fireplace. Formal living & formal dining with hardwood.  Large Oak kitchen w/ dining area & updated appliances.Cooktop & Double oven.  4 bedrooms in separate wing off living area. New 30 year arch roof, 6 new pella windows & door. Finished office in lower level. Central air.  Beautiful inground gunite pool & private back yard!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$200
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1986

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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: 4 months ago (MLSPIN #71322955)

Price History

Date / Event Date Event Price
Apr 5, 2012 Sold
Premium
Sold
Jan 3, 2012 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $499,900
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office
Aug 21, 1997 Sold
Premium
Sold
Apr 29, 1997 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $327,900
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,475
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,357
  • Total Building Area: 2,499
  • Gross Building Area: 5,857
  • Building Area: 2,499
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,499
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001018
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740102

Zoning

  • Zoning: RB

Geography

  • Parcel: NBOR M:0280 L:0021
  • Lot: 21
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3397
  • Longitude: -71.6442

    Address

  • Full Address: 14 Lancaster Dr
  • Address - House Number: 14
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Northborough
  • Carrier Code: R004
  • 4-Digit Zip Code: 1326
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,150,000

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 853,965
  • High Value: 1,008,084
  • Low Value: 699,846

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $805,300
  • Assessed Land Value: $268,400
  • Assessed Improvements Value: $536,900

    Sales

  • Current Sale Recording Date: Apr 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: Aug 21, 1997
  • Previous Sale Amount: $317,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 4 months ago
Data Source: MLS PIN, MLS# 71322955

Frequently Asked Questions

When was property at 14 Lancaster Road built and last sold?
The property at 14 Lancaster Road was built in 1986 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 14 Lancaster Road is $505,032.
What are some comparable homes to 14 Lancaster Road?
There are currently no comparable homes to 14 Lancaster Road.
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