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Worcester 01523
196 Ponakin Rd
$399,900
● House - Off Market

196 Ponakin Rd

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,104 Ft²
$453,966
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Looking for a big YARD, extra space or perhaps a basement that you can make your own? If that's the case this ranch-style home it's for you. The great floor plan includes 3 bedroom,2 bathroom upstairs Spacious living room and a beautiful kitchen where you can enjoy knowing that you are close to major highways and stores, but still able to have relaxation on a quiet country side street. The downstairs has plenty of storage room with another bedroom to add more living space. Step outside and you will see a wide an long green yard with many possibilities while the fenced in back yard its great for gathering and worry-free play time with kids and pets. Seller is packed and home is waiting for the next owner, it is a must see turn-key and move in ready.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$362
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1981

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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: 5 years ago (MLSPIN #72875961)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Coldwell Banker Realty - Westford $399,900
Listed by Coldwell Banker Realty - Westford
Nov 6, 1981 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,104
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000610
  • 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:0005.0
  • Lot: 5.0
  • Municipality: LANCASTER
  • Latitude: 42.4791
  • Longitude: -71.6838

    Address

  • Full Address: 196 Ponakin Rd
  • Address - House Number: 196
  • Address - Street Name: Ponakin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2426
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,100

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 454,206
  • High Value: 533,597
  • Low Value: 374,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,800
  • Assessed Land Value: $94,400
  • Assessed Improvements Value: $245,400

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137287
  • Previous Sale Recording Date: Apr 16, 2015
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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 years ago
Data Source: MLS PIN, MLS# 72875961

Frequently Asked Questions

When was property at 196 Ponakin Road built and last sold?
The property at 196 Ponakin Road was built in 1981 and last sold on Sep 30, 2021 for $399,900.
How much is this home worth?
The estimated value of the home located at 196 Ponakin Road is $0.
What are some comparable homes to 196 Ponakin Road?
There are currently no comparable homes to 196 Ponakin Road.
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