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Worcester 01523
2199 Lunenburg Rd.
$629,900
● House - Off Market

2199 Lunenburg Rd.

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,329 Ft²
$737,334
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Beautifully crafted new home located in Lancaster. Just one lot.  This 8 room, 4 bedroom 2 1/2 bath, 2 car garage Colonial home is under construction. Home offers open conception first floor living with hardwood floors throughout main floor, stairs and upstairs hallway, 2 piece crown modeling, white cabinets and granite in kitchen, wainscoting in dining room, granite counter-top and tile 1/2 bath, propane fireplace in family room as well as a first floor office. Four spacious bedrooms with wall to wall carpet on the seccond floor. Master bedroom well appointed with two walk in closets, tile, and granite countertops. Laundry is conveniently located on the second floor. Close to exit 35 on Rte 2. END OF MAY DELIVERY.
Unit Size
2,329 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$266
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72778411)

Price History

Date / Event Date Event Price
May 25, 2021 Sold
Premium
Sold
Jan 25, 2021 Listed by Keller Williams Realty Boston Northwest $619,900
Listed by Keller Williams Realty Boston Northwest

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 2,452
  • Building Area: 2,452
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,452
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:004.0 B:0000 L:0048.C
  • Lot: 48.C
  • Municipality: LANCASTER
  • Latitude: 42.5274
  • Longitude: -71.6931

    Address

  • Full Address: 2199 Lunenburg Rd
  • Address - House Number: 2199
  • Address - Street Name: Lunenburg
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 3202
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $901,300

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 734,253
  • High Value: 831,544
  • Low Value: 636,961

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $587,600
  • Assessed Land Value: $92,800
  • Assessed Improvements Value: $494,800

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72077
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: 4 years ago
Data Source: MLS PIN, MLS# 72778411

Frequently Asked Questions

When was property at 2199 Lunenburg Road built and last sold?
The property at 2199 Lunenburg Road was built in 2021 and last sold on May 25, 2021 for $629,900.
How much is this home worth?
The estimated value of the home located at 2199 Lunenburg Road is $0.
What are some comparable homes to 2199 Lunenburg Road?
There are currently no comparable homes to 2199 Lunenburg Road.
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