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Worcester
20 Old Lantern Cir
$386,000
● House - Off Market

20 Old Lantern Cir

Paxton, MA 01612
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,642 Ft²
$712,138
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Mediterranean Contemporary on extremely private 1.78 Acre lot with in-ground, heated pool and tennis court. Property abuts Boynton Park and Cascade East,  a 100+ Acre preserve complete with dog park, hiking trails and waterfalls. This 4 bedroom/ 3.5 bath home boasts a recent, gourmet kitchen appointed with Thermador propane cook-top, custom cabinets and granite as well as a 38' great room with cathedral ceilings and Mezzanine. Both interior and exterior lend themselves to entertaining large groups. The 1329 sq foot fireplaced, finished portion of basement, which is accessed by an automated disappearing floor panel, contains additional space and wet bar. Kitchen leads naturally to deck and pool area. Get in before the summer is done! Brand new septic system being installed prior to closing. Town Water.
Unit Size
4,642 Ft²
Days on Market
-
Land Size
1.78 acres
Price per sqft
$86
Property Type
House
Property Taxes
$820
HOA Dues
-
Year Built
1973

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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: 4 months ago (MLSPIN #71721761)

Price History

Date / Event Date Event Price
Jun 17, 2015 Sold
Premium
Sold
Jul 30, 2014 Listed by Real Living Barbera Associates | Worcester $400,000
Listed by Real Living Barbera Associates | Worcester

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 77,424
  • Total Building Area: 3,313
  • Gross Building Area: 7,175
  • Building Area: 3,313
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,313
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001777
  • 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: 1775
  • Parcel: PAXT M:00029 L:00036
  • Lot: 36
  • Municipality: PAXTON
  • Latitude: 42.2928
  • Longitude: -71.8821

    Address

  • Full Address: 20 Old Lantern Cir
  • Address - House Number: 20
  • 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: $1,020,000

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 672,788
  • High Value: 775,960
  • Low Value: 569,616

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,700
  • Assessed Land Value: $126,700
  • Assessed Improvements Value: $508,000

    Sales

  • Current Sale Recording Date: Jun 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 56631
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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71721761

Frequently Asked Questions

When was property at 20 Old Lantern Circle built and last sold?
The property at 20 Old Lantern Circle was built in 1973 and last sold on Jan 1, 1970 for $386,000.
How much is this home worth?
The estimated value of the home located at 20 Old Lantern Circle is $444,920.
What are some comparable homes to 20 Old Lantern Circle?
There are currently no comparable homes to 20 Old Lantern Circle.
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