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Worcester 01462
207 Fire Rd 16
$338,100
● House - Off Market

207 Fire Rd 16

Lunenburg, MA 01462
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,002 Ft²
$417,721
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Location! Location! Location! Waterfront Bungalow-Cottage style home nestled on a quiet cove on desirable Lake Shirley. Come enjoy the benefits of lake living, swimming, fishing, boating, water skiing. Enjoy beautiful views of the lake from your main level living which features a bedroom with a 6 x 6 walk in closet, one bathroom. Possible extra room on partially finished walkout basement within feet of the water which offers 60+ feet of private water frontage. Attached 15 x 14 screen porch. Laundry hook ups in the lower level. New roof 2019 . *** No children to be left unattended by the lake ***
Unit Size
1,002 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$364
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1955

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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 #72821577)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Keller Williams Realty-Merrimack $365,000
Listed by Keller Williams Realty-Merrimack

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 702
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 702
  • Gross Building Area: 2,260
  • Building Area: 702
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 702
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lunenburg School District
  • School Tax School District: LUNENBURG SD
  • Census Tract: 712102

Zoning

  • Zoning: RA

Geography

  • Account Number: 1621430000300000
  • Parcel: LUNE M:143.0 B:0003 L:0000.0
  • Block: 3
  • Municipality: LUNENBURG
  • Latitude: 42.5458
  • Longitude: -71.6778

    Address

  • Full Address: 207 Fire Road 16
  • Address - House Number: 207
  • Address - Street Name: Fire Road 16
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 1582
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $672,400

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 519,318
  • High Value: 616,157
  • Low Value: 422,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,900
  • Assessed Land Value: $354,800
  • Assessed Improvements Value: $105,100

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17698
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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# 72821577

Frequently Asked Questions

When was property at 207 Fire Rd 16 built and last sold?
The property at 207 Fire Rd 16 was built in 1955 and last sold on Aug 11, 2021 for $338,100.
How much is this home worth?
The estimated value of the home located at 207 Fire Rd 16 is $0.
What are some comparable homes to 207 Fire Rd 16?
There are currently no comparable homes to 207 Fire Rd 16.
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