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South Lancaster 01561
143 Bolton Road
$50,000
● Land - Off Market

143 Bolton Road

Lancaster, MA 01523
bedrooms
Studio
bathrooms
0 Bath
$109,553
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

Prime building lot in Lancaster, located off of the Town center, with public water and sewer available for hookup.  It's just under an acre,  with a special permit in hand to construct a single family dwelling ~ current zoning requires 2 Acres for a conforming building lot.   Firmly priced for quick sale.
Unit Size
-
Days on Market
-
Land Size
0.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
$182
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: 5 months ago (MLSPIN #71256480)

Price History

Date / Event Date Event Price
Jul 29, 2011 Sold
Premium
Sold
Jul 1, 2011 Listed by Lambert & Assoc. Real Estate,LLC $50,000
Listed by Lambert & Assoc. Real Estate,LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 0
  • 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: 1,958
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 1,958
  • Gross Building Area: 1,958
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCASTER
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:038.0 B:0000 L:0059.0
  • Lot: 59.0
  • Municipality: LANCASTER
  • Latitude: 42.4442
  • Longitude: -71.6806

    Address

  • Full Address: 143 Bolton Rd
  • Address - House Number: 143
  • Address - Street Name: Bolton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 2287
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $957,800

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 600,025
  • High Value: 700,233
  • Low Value: 499,818

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,200
  • Assessed Land Value: $101,000
  • Assessed Improvements Value: $456,200

    Sales

  • Current Sale Recording Date: Jul 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000007
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 South Lancaster

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$307

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1631 ft²

Average Home Age

115.5 years

Currently For Sale

4 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: 5 months ago
Data Source: MLS PIN, MLS# 71256480

Frequently Asked Questions

When was property at 143 Bolton Road built and last sold?
The property at 143 Bolton Road was built in 2013 and last sold on Jan 1, 1970 for $50,000.
How much is this home worth?
The estimated value of the home located at 143 Bolton Road is $50,500.
What are some comparable homes to 143 Bolton Road?
There are currently no comparable homes to 143 Bolton Road.
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