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Worcester 01523
157 Shirley Rd
$320,000
● House - Off Market

157 Shirley Rd

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,075 Ft²
$520,374
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Welcome to 157 Shirley Road which is located in a "Right to Farm" community of Lancaster MA.  This wonderful 4 bedroom cape is situated on over 2 acres of level land and is conveniently located right off of Rt. 117. The bedrooms are all generous sizes with new carpeting plus new laminate flooring in the living room and dining room.  As an added bonus, there is an oversized shed in the backyard that could be used for lawn equipment and yard toys. Great commuter location and close to Rt. 70, Rt. 62, Rt. 117 and 495.  Walking distance to both the elementary and middle school and Lancaster is one of the 3 towns lucky enough to attend the top rated Nashoba Regional High School.  OPEN HOUSE Sunday 1-3pm.  Quick closing possible.
Unit Size
2,075 Ft²
Days on Market
-
Land Size
2.33 acres
Price per sqft
$171
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1939

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72532764)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jul 18, 2019 Listed by RE/MAX Results Realty $354,900
Listed by RE/MAX Results Realty
Jun 7, 2013 Sold
Premium
Sold
May 8, 2013 Listed by RE/MAX Results Realty $265,000
Listed by RE/MAX Results Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 1,140
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 101,495
  • Total Building Area: 2,075
  • Gross Building Area: 2,075
  • Building Area: 2,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,075
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002330
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:030.0 B:0000 L:0054.0
  • Lot: 54.0
  • Municipality: LANCASTER
  • Latitude: 42.4728
  • Longitude: -71.6714

    Address

  • Full Address: 157 Shirley Rd
  • Address - House Number: 157
  • Address - Street Name: Shirley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 2560
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $663,700

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 495,605
  • High Value: 582,233
  • Low Value: 408,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,100
  • Assessed Land Value: $112,000
  • Assessed Improvements Value: $274,100

    Sales

  • Current Sale Contract Date: Aug 26, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88232
  • Previous Sale Recording Date: Jun 07, 2013
  • Previous Sale Amount: $264,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72532764

Frequently Asked Questions

When was property at 157 Shirley Road built and last sold?
The property at 157 Shirley Road was built in 1939 and last sold on Aug 26, 2019 for $320,000.
How much is this home worth?
The estimated value of the home located at 157 Shirley Road is $364,985.
What are some comparable homes to 157 Shirley Road?
There are currently no comparable homes to 157 Shirley Road.
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