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South Lancaster 01523
178 Deershorn Road
$353,000
● House - Off Market

178 Deershorn Road

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,438 Ft²
$518,992
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Single level living is just the best!  Wonderful mid-century ranch on an open, level lot facing a beautiful stone walled meadow.  Incredibly convenient location too!  Lots of lovely hard wood floors, including under the wall to wall in the living room.  A huge eat in kitchen that could easily accommodate an island should the buyer desire.  Nice big 3 season room off the kitchen, overlooking open field.  Walk up attic for tons of storage! In the lower level, there's a fireplaced play room, family room, TV room; whatever you'd like to make it.
Unit Size
1,438 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$254
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #72618791)

Price History

Date / Event Date Event Price
Apr 3, 2020 Sold
Premium
Sold
Feb 12, 2020 Listed by Coldwell Banker Residential Brokerage - Bolton $365,000
Listed by Coldwell Banker Residential Brokerage - Bolton

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1982
  • 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: 11
  • 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: 1,438
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 1,438
  • Gross Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,438
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN S-1712
  • Land Acres: 0000001190
  • 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:0064.0
  • Lot: 64.0
  • Municipality: LANCASTER
  • Latitude: 42.4346
  • Longitude: -71.7061

    Address

  • Full Address: 178 Deershorn Rd
  • Address - House Number: 178
  • Address - Street Name: Deershorn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1812
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $672,600

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 498,445
  • High Value: 585,569
  • Low Value: 411,321

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,300
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $288,300

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34181
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:

$489,900

Sale Price/ft²

$302

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1631 ft²

Average Home Age

115.5 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: 5 months ago
Data Source: MLS PIN, MLS# 72618791

Frequently Asked Questions

When was property at 178 Deershorn Road built and last sold?
The property at 178 Deershorn Road was built in 1965 and last sold on Mar 31, 2020 for $353,000.
How much is this home worth?
The estimated value of the home located at 178 Deershorn Road is $370,256.
What are some comparable homes to 178 Deershorn Road?
There are currently no comparable homes to 178 Deershorn Road.
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