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Worcester
18 Old Lantern Circle
$342,500
● House - Off Market

18 Old Lantern Circle

Paxton, MA 01612
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,456 Ft²
$939,691
RealtyHop Estimate
168.56%
Since Oct 1, 2001
National-US
Primary Model

About This Property

CUSTOM BUILT U SHAPED CONTEMPORARY OVERLOOKING CENTER POOL COURTYARD & COVERED PATIO AREA - GOURMET KITCHEN, CENTRAL AIR, INLAW SUITE, SANNA PROF MANICURED GROUNDS - PRIME AREA. CLOSE TO WORCESTER LINE. PRIVACY!
Unit Size
3,456 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$101
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1974

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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 #30494136)

Price History

Date / Event Date Event Price
Nov 12, 2021 Sold
Premium
Sold
Sep 14, 2021 Listed $415,000
Listed
Sep 18, 2001 Sold
Premium
Sold
Apr 12, 2001 Listed $349,900
Listed
Aug 26, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,931
  • Total Building Area: 3,456
  • Gross Building Area: 6,399
  • Building Area: 3,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000687
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: R4

Geography

  • Account Number: 1776
  • Parcel: PAXT M:00029 L:00037
  • Lot: 37
  • Municipality: PAXTON
  • Latitude: 42.2921
  • Longitude: -71.8824

    Address

  • Full Address: 18 Old Lantern Cir
  • Address - House Number: 18
  • Address - Street Name: Old Lantern
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Paxton
  • Carrier Code: C010
  • 4-Digit Zip Code: 1514
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $752,200

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 531,651
  • High Value: 615,525
  • Low Value: 447,777

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $468,100
  • Assessed Land Value: $117,500
  • Assessed Improvements Value: $350,600

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 159331
  • Previous Sale Recording Date: Sep 18, 2001
  • Previous Sale Amount: $342,500
  • 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

2398 ft²

Average Home Age

64.4 years

Currently For Sale

2120 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30494136

Frequently Asked Questions

When was property at 18 Old Lantern Circle built and last sold?
The property at 18 Old Lantern Circle was built in 1974 and last sold on Nov 12, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 18 Old Lantern Circle is $450,329.
What are some comparable homes to 18 Old Lantern Circle?
There are currently no comparable homes to 18 Old Lantern Circle.
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