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Worcester 01523
14 Runaway Brook Rd
$459,900
● House - Off Market

14 Runaway Brook Rd

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,947 Ft²
$984,273
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Announcing AppleBrook Farms at Lancaster! 8  homes under contract in this exciting 15 home neighborhood. Runaway Brook Rd features stunning views of open farmland, orchards & a small pond. A true New England masterpiece, AppleBrook farms offers an exceptional country setting combined with super energy efficient traditional home designs at price's not available for over 10 years! Lancaster's top builders bring their many years of expertise to create a new neighborhood of exceptional homes. Hurry!
Unit Size
2,947 Ft²
Days on Market
-
Land Size
3.41 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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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 #71351801)

Price History

Date / Event Date Event Price
Jan 14, 2013 Sold
Premium
Sold
Mar 15, 2012 Listed by Keller Williams Realty North Central $459,900
Listed by Keller Williams Realty North Central

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 0
  • Building Style: 5
  • 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: 1,324
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 148,540
  • Total Building Area: 2,633
  • Gross Building Area: 2,633
  • Building Area: 2,633
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,633
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003410
  • 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:0031.V
  • Lot: 31.V
  • Municipality: LANCASTER
  • Latitude: 42.4177
  • Longitude: -71.7173

    Address

  • Full Address: 14 Runaway Brook Rd
  • Address - House Number: 14
  • Address - Street Name: Runaway Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 3125
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,112,900

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 764,632
  • High Value: 865,949
  • Low Value: 663,315

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $647,400
  • Assessed Land Value: $158,500
  • Assessed Improvements Value: $488,900

    Sales

  • Current Sale Recording Date: Jan 14, 2013
  • Current Sale Price:
    Premium
  • Current 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71351801

Frequently Asked Questions

When was property at 14 Runaway Brook Road built and last sold?
The property at 14 Runaway Brook Road was built in 2013 and last sold on Jan 1, 1970 for $459,900.
How much is this home worth?
The estimated value of the home located at 14 Runaway Brook Road is $481,395.
What are some comparable homes to 14 Runaway Brook Road?
There are currently no comparable homes to 14 Runaway Brook Road.
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