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South Lancaster 01523
16 Crescent Street
$425,000
● House - Off Market

16 Crescent Street

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,495 Ft²
$387,614
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

THIS BEAUTIFULLY MAINTAINED CAPE STYLE HOME HAS 4 BEDROOMS AND 2 FULL BATHS AND IS READY FOR ITS NEW OWNER! GREAT NEIGHBORHOOD LOCATED ON A DEAD-END STREET. 1ST FLOOR FEATURES KITCHEN WITH BREAKFAST BAR AND DINING ROOM WITH SLIDERS LEADING TO AN AMAZING OUTDOOR DECK WITH A PATIO OVERLOOKING A PEACEFUL BACKYARD.  LIVING ROOM WITH WOOD FLOOR.  DEN WITH WOOD STOVE. LAUNDRY AND FULL BATH OFF THE KITCHEN.  2ND FLOOR WITH FOUR BEDROOMS (2 W/SKYLIGHTS) AND ONE FULL BATH.  24x24 GAS HEATED 2 CAR GARAGE. 12X16 STORAGE SHED.  200 AMP ELECTRIC PLUS EXTRA 100 AMP IN GARAGE.  TOWN WATER & SEWER.  JUST MINUTES FROM ROUTE 190, 290, and 495, SHOPPING, RESTAURANTS, WALKING TRAILS, WACHUSETT RESERVOIR.  WELCOME HOME!  ALL OFFERS IN BY WEDNESDAY, JULY 13TH AT 5:00 PM
Unit Size
1,495 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$251
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1900

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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 #73008447)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Foster-Healey Real Estate $374,900
Listed by Foster-Healey Real Estate
Mar 29, 1984 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 520
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,495
  • Gross Building Area: 1,495
  • Building Area: 1,495
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,495
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEONILLE BISSONETTE
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:041.0 B:0000 L:0215.0
  • Lot: 215.0
  • Municipality: LANCASTER
  • Latitude: 42.437
  • Longitude: -71.6874

    Address

  • Full Address: 16 Crescent St
  • Address - House Number: 16
  • Address - Street Name: Crescent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 1900
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,300

    Appraisal Valuation

  • Standard Deviation: 0.2402
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 457,665
  • High Value: 567,627
  • Low Value: 347,702

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,200
  • Assessed Land Value: $88,500
  • Assessed Improvements Value: $178,700

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93821
  • Previous Sale Recording Date: Mar 29, 1984
  • Previous Sale Amount: $47,000
  • 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:

$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# 73008447

Frequently Asked Questions

When was property at 16 Crescent Street built and last sold?
The property at 16 Crescent Street was built in 1900 and last sold on Aug 25, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 16 Crescent Street is $382,783.
What are some comparable homes to 16 Crescent Street?
There are currently no comparable homes to 16 Crescent Street.
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