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Worcester 01523
209 Nicholas Dr.(Lot 92)
Photo of 209 Nicholas Dr.(Lot 92)
Sold on Dec 22, 2005

1

Map

$450,000
● House - Off Market

209 Nicholas Dr.(Lot 92)

Lancaster, MA 01523
bedrooms
2 Beds
bathrooms
3 Baths
square feet
2,100 Ft²
$773,110
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Eagle Ridge at Lancaster, Premier 55+ Active Adult Commnity offers this Expanded Washington Design. Included are features such as: Tiled Kitchen/Baths, Central Air, MasterBath w/jetted tub, Formal Dingroom w/wainscotting and Hardwoods,2 car attached garage, full basements and custom detailed molding.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
$118
Year Built
2005

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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 #70235076)

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed $649,900
Listed
Dec 22, 2005 Sold
Premium
Sold
Aug 2, 2005 Listed $450,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 2,276
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 2,276
  • Gross Building Area: 2,452
  • Building Area: 2,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000720
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:036.0 B:0000 L:0004.H
  • Lot: 4.H
  • Municipality: LANCASTER
  • Latitude: 42.4525
  • Longitude: -71.7134

    Address

  • Full Address: 209 Nicholas Dr
  • Address - House Number: 209
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2965
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,105,000

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 773,486
  • High Value: 897,206
  • Low Value: 649,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $642,800
  • Assessed Land Value: $52,400
  • Assessed Improvements Value: $590,400

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77165
  • Previous Sale Recording Date: Jan 19, 2018
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

1941 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# 70235076

Frequently Asked Questions

When was property at 209 Nicholas Drive built and last sold?
The property at 209 Nicholas Drive was built in 2005 and last sold on Jun 3, 2021 for $675,000.
How much is this home worth?
The estimated value of the home located at 209 Nicholas Drive is $665,958.
What are some comparable homes to 209 Nicholas Drive?
There are currently no comparable homes to 209 Nicholas Drive.
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