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Worcester 01523
1798 Shirley Road
$184,500
● House - Off Market

1798 Shirley Road

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$528,766
RealtyHop Estimate
165.71%
Since Feb 1, 2002
National-US
Primary Model

About This Property

RENOVATED RANCH ON PRIVATE 1/2 ACRE. UPDATED EAT-IN KITCHEN, BATH, NEW FLOORING. BONUS  ROOM IN BASEMENT. FULL WALKOUT BASEMENT W/WOODSTOVE. ROOF AND CLAPBD 3 YRS OLD. TITLE V CERTD.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$188
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
1970

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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 years ago (MLSPIN #30517928)

Price History

Date / Event Date Event Price
Jan 31, 2002 Sold
Premium
Sold
Jun 24, 2001 Listed by Coldwell Banker Realty - Westford $199,000
Listed by Coldwell Banker Realty - Westford
Jul 2, 1991 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,008
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCASTER
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:005.0 B:0000 L:0039.0
  • Lot: 39.0
  • Municipality: LANCASTER
  • Latitude: 42.5222
  • Longitude: -71.6662

    Address

  • Full Address: 1798 Shirley Rd
  • Address - House Number: 1798
  • Address - Street Name: Shirley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 3103
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $518,800

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 411,794
  • High Value: 483,772
  • Low Value: 339,816

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,800
  • Assessed Land Value: $84,700
  • Assessed Improvements Value: $217,100

    Sales

  • Current Sale Recording Date: Jan 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 02, 1991
  • Previous Sale Amount: $99,500
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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 years ago
Data Source: MLS PIN, MLS# 30517928

Frequently Asked Questions

When was property at 1798 Shirley Road built and last sold?
The property at 1798 Shirley Road was built in 1970 and last sold on Jan 1, 1970 for $184,500.
How much is this home worth?
The estimated value of the home located at 1798 Shirley Road is $0.
What are some comparable homes to 1798 Shirley Road?
There are currently no comparable homes to 1798 Shirley Road.
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