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South Lancaster 01523
146 Sylvan Road
$325,000
● House - Off Market

146 Sylvan Road

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,025 Ft²
$330,511
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Here's your opportunity to own a home in very quiet, desirable neighborhood in Lancaster with its great school system. 3 bedroom, 2 full bath, fire place living room, some hard woods,  A/C. Dinning room ,Sunroom, some replacement windows, new hot water heater, updated 200 amp electric, vinyl siding, nice deck. Sorry no Showing till open house 11/21/21       OFFERS WILL BE REVIEW 11/22/21 4:00 pm
Unit Size
1,025 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$293
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #72920024)

Price History

Date / Event Date Event Price
Dec 30, 2021 Sold
Premium
Sold
Nov 15, 2021 Listed by Keller Williams Realty North Central $299,999
Listed by Keller Williams Realty North Central
Dec 22, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1980
  • 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: 4
  • 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: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,025
  • Gross Building Area: 1,433
  • Building Area: 1,025
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH LANCASTER
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:037.0 B:0000 L:0076.0
  • Lot: 76.0
  • Municipality: LANCASTER
  • Latitude: 42.441
  • Longitude: -71.6921

    Address

  • Full Address: 146 Sylvan Rd
  • Address - House Number: 146
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1957
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 370,074
  • High Value: 435,966
  • Low Value: 304,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,200
  • Assessed Land Value: $80,600
  • Assessed Improvements Value: $199,600

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 182647
  • Previous Sale Recording Date: Dec 22, 2004
  • Previous Sale Amount: $190,000
  • 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 South Lancaster

Stats & Trends

Median Asking:

$509,950

Sale Price/ft²

$302

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1569 ft²

Average Home Age

73 years

Currently For Sale

3 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 years ago
Data Source: MLS PIN, MLS# 72920024

Frequently Asked Questions

When was property at 146 Sylvan Road built and last sold?
The property at 146 Sylvan Road was built in 1955 and last sold on Dec 29, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 146 Sylvan Road is $0.
What are some comparable homes to 146 Sylvan Road?
There are currently no comparable homes to 146 Sylvan Road.
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