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Worcester 01523
194 Grant Way
$417,900
● House - Off Market

194 Grant Way

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,110 Ft²
$904,360
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

This mint condition, impeccably maintained home is located in sought after Grant Way neighborhood! Quick access to Rte 2, shopping & Town Beach. Amazing level, priv lot includes sprawling professionally landscaped yard & 2 storage sheds. Sun-lit, top quality home features Bamboo HDWD flrs & Corian eat-in kitch, 1st flr office, inviting cathedral family rm w/gas fp, formal DR & LR, generous sized BRs including oversized master. Finished w/o lower level w/game room, workshop & office. Stunning!
Unit Size
3,110 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$135
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
2000

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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 #71371226)

Price History

Date / Event Date Event Price
Jul 19, 2012 Sold
Premium
Sold
Jun 19, 2012 Sold
Premium
Sold
Apr 23, 2012 Listed by Keller Williams Realty North Central $419,999
Listed by Keller Williams Realty North Central
Mar 24, 2006 Sold
Premium
Sold
May 26, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,348
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 2,388
  • Gross Building Area: 2,388
  • Building Area: 2,388
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,388
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANT DEV
  • Land Acres: 0000001370
  • 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:0032.D
  • Lot: 32.D
  • Municipality: LANCASTER
  • Latitude: 42.5228
  • Longitude: -71.6681

    Address

  • Full Address: 194 Grant Way
  • Address - House Number: 194
  • Address - Street Name: Grant
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 3112
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,075,600

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 758,891
  • High Value: 880,444
  • Low Value: 637,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,700
  • Assessed Land Value: $142,600
  • Assessed Improvements Value: $483,100

    Sales

  • Current Sale Recording Date: Jul 19, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000008
  • Previous Sale Recording Date: Mar 24, 2006
  • Previous Sale Amount: $46,000
  • 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

2426 ft²

Average Home Age

63.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71371226

Frequently Asked Questions

When was property at 194 Grant Way built and last sold?
The property at 194 Grant Way was built in 2000 and last sold on Jan 1, 1970 for $417,900.
How much is this home worth?
The estimated value of the home located at 194 Grant Way is $444,673.
What are some comparable homes to 194 Grant Way?
There are currently no comparable homes to 194 Grant Way.
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