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Worcester 01462
22 The Lane
$386,000
● House - Off Market

22 The Lane

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$973,262
RealtyHop Estimate
143.38%
Since Jan 1, 2003
National-US
Primary Model

About This Property

BEAUTIFUL HIP ROOF COLONIAL IN GRAET NEIGHBORHOOD NEAR APPLE ORCHARD, NICELY LANDSCAPED LOT, FIELDSTONE FIREPLACE IN LR, HUGE 20'X16' OPEN WOOD DECK, TONS OF HW FLOORING, LOC. ON SHIRLEY/LUNE. LINE,EASY COMM. TO RT.2/I495,EASY TO SHOW
Unit Size
2,800 Ft²
Days on Market
-
Land Size
1.18 acres
Price per sqft
$143
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1990

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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: 6 months ago (MLSPIN #30648207)

Price History

Date / Event Date Event Price
Dec 21, 2020 Sold
Premium
Sold
Oct 22, 2020 Listed by Apple Country Realty, Inc. $505,000
Listed by Apple Country Realty, Inc.
Dec 3, 2002 Sold
Premium
Sold
Sep 18, 2002 Listed by Apple Country Realty, Inc. $399,900
Listed by Apple Country Realty, Inc.
Aug 28, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,472
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,401
  • Total Building Area: 2,592
  • Gross Building Area: 5,616
  • Building Area: 2,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,592
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONADNOCK CONST CO INC
  • Land Acres: 0000001180
  • 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: O

Geography

  • Account Number: 1620670001600000
  • Parcel: LUNE M:067.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: LUNENBURG
  • Latitude: 42.5944
  • Longitude: -71.6764

    Address

  • Full Address: 22 The Ln
  • Address - House Number: 22
  • Address - Street Name: The
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1800
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $840,700

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 681,457
  • High Value: 791,470
  • Low Value: 571,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $575,000
  • Assessed Land Value: $130,700
  • Assessed Improvements Value: $444,300

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23684
  • Previous Sale Recording Date: Dec 03, 2002
  • Previous Sale Amount: $386,000
  • Previous Sale Document Type: 27
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 6 months ago
Data Source: MLS PIN, MLS# 30648207

Frequently Asked Questions

When was property at 22 The Lane built and last sold?
The property at 22 The Lane was built in 1990 and last sold on Dec 18, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 22 The Lane is $513,715.
What are some comparable homes to 22 The Lane?
There are currently no comparable homes to 22 The Lane.
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