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Worcester 01543
2 Lizzy Lane
$110,000
● Land - Off Market

2 Lizzy Lane

Rutland, MA 01543
bedrooms
Studio
bathrooms
0 Bath
$196,800
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Last Lot available in Beautiful subdivision only 1 mile from Paxton/Rutland Line. Level 1.5 acre lot.  Septic design,well is in and tested,under-ground eletric is in to temp service,driveway entrance is in and already paved. Ready for building permit!!! Will clean up construction material on site before closing
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$82
HOA Dues
-
Year Built
2007

Payment Calculator

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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 months ago (MLSPIN #70534903)

Price History

Date / Event Date Event Price
May 17, 2007 Sold
Premium
Sold
Mar 5, 2007 Listed by Central Mass Evaluations, Inc. $115,000
Listed by Central Mass Evaluations, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,240
  • Gross Building Area: 3,640
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721104

Geography

  • Parcel: RUTL M:35 B:A L:1.12
  • Block: A
  • Lot: 1.12
  • Municipality: RUTLAND
  • Latitude: 42.3365
  • Longitude: -71.9728

    Address

  • Full Address: 2 Lizzy Ln
  • Address - House Number: 2
  • Address - Street Name: Lizzy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rutland
  • Carrier Code: R004
  • 4-Digit Zip Code: 1257
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661,200

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 599,806
  • High Value: 691,797
  • Low Value: 507,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,900
  • Assessed Land Value: $101,000
  • Assessed Improvements Value: $380,900

    Sales

  • Current Sale Recording Date: May 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00064780
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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# 70534903

Frequently Asked Questions

When was property at 2 Lizzy Lane built and last sold?
The property at 2 Lizzy Lane was built in 2007 and last sold on Jan 1, 1970 for $110,000.
How much is this home worth?
The estimated value of the home located at 2 Lizzy Lane is $116,150.
What are some comparable homes to 2 Lizzy Lane?
There are currently no comparable homes to 2 Lizzy Lane.
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