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South Lancaster 01523
170 Mill Street
$258,000
● House - Off Market

170 Mill Street

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$380,918
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

THIS IS AN EXCELLENT FOUR BEDROOM COLONIAL STYLE HOME WITH MANY UPDATES IE; COMPLETELY NEWER FULLY APPLIANCED EAT IN KITCHEN WITH HALF BATH,PLUS MUD ROOM OR OFFICE ON REAR OF KITCHEN. FORMAL DINING WITH SHELF FOR BOOKS ETC. TWO GOOD SIZE BEDROOMS ON SECOND FLOOR WITH LARGE FULL BATH,THIRD FLOOR HAS TWO ADDITIONAL BEDROOMS IF NEEDED.,NEW ROOF,WINDOWS,SUPER GAS HEATING SYSTEM.CIRCUIT BREAKERS IN BASEMENT ,EXTERIOR GOOD SIZE UTILITY SHED FOR GARDEN STORAGE. NOTE; THIS IS NOT A DRIVE BY PROPERTY,A MUST SEE PRICED RIGHT ON TODAYS MARKET DON'T HESITATE....
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$290
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 #72504875)

Price History

Date / Event Date Event Price
Sep 17, 2019 Sold
Premium
Sold
May 22, 2019 Listed by Village Real Estate $259,900
Listed by Village Real Estate
Jul 19, 2016 Sold
Premium
Sold
Nov 18, 2015 Listed by Village Real Estate $92,000
Listed by Village Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 520
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,529
  • Gross Building Area: 1,269
  • Building Area: 1,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,529
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:042.0 B:0000 L:0016.0
  • Lot: 16.0
  • Municipality: LANCASTER
  • Latitude: 42.4392
  • Longitude: -71.6827

    Address

  • Full Address: 170 Mill St
  • Address - House Number: 170
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 2054
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $511,200

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 401,645
  • High Value: 483,865
  • Low Value: 319,426

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,400
  • Assessed Land Value: $81,800
  • Assessed Improvements Value: $215,600

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Sep 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95892
  • Previous Sale Recording Date: Jul 19, 2016
  • Previous Sale Amount: $81,666
  • 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:

$477,450

Sale Price/ft²

$303

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1681 ft²

Average Home Age

92.8 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: 4 months ago
Data Source: MLS PIN, MLS# 72504875

Frequently Asked Questions

When was property at 170 Mill Street built and last sold?
The property at 170 Mill Street was built in 1900 and last sold on Sep 11, 2019 for $258,000.
How much is this home worth?
The estimated value of the home located at 170 Mill Street is $262,065.
What are some comparable homes to 170 Mill Street?
There are currently no comparable homes to 170 Mill Street.
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