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South Lancaster 01523
154 Rigby Rd
$385,000
● House - Off Market

154 Rigby Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,489 Ft²
$353,956
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

**Offers due Monday April 11th at 7pm.**This bright and sunny home offers a great layout with a large yard and is ready for its new owner to move in! The main level has a large kitchen with lots of room for a table or island. There is also a dining room and spacious living room. A half bath is great for guests. There is a mini-split to keep the first-floor cool in the summer months. Upstairs there are three nicely sized bedrooms along with a full bath. The upstairs also has central air and forced air heat. The huge yard has so much potential! There is a patio and also a garage which is in need of repair. With a little work, it could be a great space for a workshop or extra storage!
Unit Size
1,489 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$235
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1900

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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 #72963030)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by Central Mass Real Estate $349,900
Listed by Central Mass Real Estate
May 16, 2018 Sold
Premium
Sold
Mar 21, 2018 Listed by Central Mass Real Estate $274,900
Listed by Central Mass Real Estate
Jul 17, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,489
  • Gross Building Area: 1,489
  • Building Area: 1,489
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,489
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:045.0 B:0000 L:0072.0
  • Lot: 72.0
  • Municipality: LANCASTER
  • Latitude: 42.4248
  • Longitude: -71.7026

    Address

  • Full Address: 154 Rigby Rd
  • Address - House Number: 154
  • Address - Street Name: Rigby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1744
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $554,400

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 424,344
  • High Value: 504,555
  • Low Value: 344,132

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,500
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $222,500

    Sales

  • Current Sale Contract Date: Jun 16, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65585
  • Previous Sale Recording Date: May 16, 2018
  • Previous Sale Amount: $274,900
  • Previous 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 South Lancaster

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$298

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1508 ft²

Average Home Age

95 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72963030

Frequently Asked Questions

When was property at 154 Rigby Road built and last sold?
The property at 154 Rigby Road was built in 1900 and last sold on Jun 16, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 154 Rigby Road is $353,176.
What are some comparable homes to 154 Rigby Road?
There are currently no comparable homes to 154 Rigby Road.
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