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Worcester 01523
188 Shirley Rd
$289,000
● House - Off Market

188 Shirley Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$449,365
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Move-In Ready Antique Colonial boasts a fantastic location and loads of updates. Situated on a full acre lot at the end of a dead-end street,the location offers privacy in a neighborhood setting that is only blocks from the center of town and schools. The home has been completely rewired with new electrical and a 200 amp service. Other updates include a newer roof, a Noritz tankless gas hot water heater, baseboard heaters in the bedrooms, and a radon mitigation system that was installed in 2016. Also included are a gas powered fire-place stove in the living room, stainless steel appliances, high capacity washer/dryer, and a hot tub off the back deck. Part of the highly rated Nashoba School District and convenient to major commuting routes, come see this one and make Lancaster your home today!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$208
Property Type
House
Property Taxes
$377
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: 5 months ago (MLSPIN #72155120)

Price History

Date / Event Date Event Price
Jun 23, 2017 Sold
Premium
Sold
Apr 28, 2017 Listed by Aberman Associates, Inc. $279,900
Listed by Aberman Associates, Inc.
Jun 23, 2008 Sold
Premium
Sold
Apr 25, 2008 Listed by Aberman Associates, Inc. $275,000
Listed by Aberman Associates, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 672
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:025.0 B:0000 L:0033.0
  • Lot: 33.0
  • Municipality: LANCASTER
  • Latitude: 42.4737
  • Longitude: -71.6716

    Address

  • Full Address: 188 Shirley Rd
  • Address - House Number: 188
  • Address - Street Name: Shirley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 2563
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $587,000

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 467,082
  • High Value: 548,724
  • Low Value: 385,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,500
  • Assessed Land Value: $101,200
  • Assessed Improvements Value: $240,300

    Sales

  • Current Sale Recording Date: Jun 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65774
  • Previous Sale Recording Date: Jun 23, 2008
  • Previous Sale Amount: $264,500
  • 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2391 ft²

Average Home Age

63.8 years

Currently For Sale

2099 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# 72155120

Frequently Asked Questions

When was property at 188 Shirley Road built and last sold?
The property at 188 Shirley Road was built in 1900 and last sold on Jan 1, 1970 for $289,000.
How much is this home worth?
The estimated value of the home located at 188 Shirley Road is $287,976.
What are some comparable homes to 188 Shirley Road?
There are currently no comparable homes to 188 Shirley Road.
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