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Worcester 01523
2201 Main Street
$125,200
● House - Off Market

2201 Main Street

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$405,425
RealtyHop Estimate
212.11%
Since Dec 1, 1999
National-US
Primary Model

About This Property

SOME FINISH WORK NEED,RECENT CABINETED KITCHEN,RECENT MASTER BEDROOM SUIT WITHTHERMO WINDOWS. CALL NOW,WONT LAST AT THIS PRICE!!!!!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$100
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

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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 #30346065)

Price History

Date / Event Date Event Price
Oct 30, 2008 Sold
Premium
Sold
Jun 25, 2008 Listed by Aberman Associates, Inc. $286,900
Listed by Aberman Associates, Inc.
Nov 2, 1999 Sold
Premium
Sold
Aug 13, 1999 Listed by Aberman Associates, Inc. $129,900
Listed by Aberman Associates, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • 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: 912
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,570
  • Gross Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:019.0 B:0000 L:0010.A
  • Lot: 10.A
  • Municipality: LANCASTER
  • Latitude: 42.4848
  • Longitude: -71.7026

    Address

  • Full Address: 2201 Main St
  • Address - House Number: 2201
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2419
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $632,100

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 497,749
  • High Value: 577,475
  • Low Value: 418,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,100
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $298,100

    Sales

  • Current Sale Recording Date: Oct 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00118828
  • Previous Sale Recording Date: Nov 02, 1999
  • Previous Sale Amount: $126,200
  • 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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2384 ft²

Average Home Age

64.6 years

Currently For Sale

2076 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 years ago
Data Source: MLS PIN, MLS# 30346065

Frequently Asked Questions

When was property at 2201 Main Street built and last sold?
The property at 2201 Main Street was built in 1930 and last sold on Jan 1, 1970 for $282,000.
How much is this home worth?
The estimated value of the home located at 2201 Main Street is $0.
What are some comparable homes to 2201 Main Street?
There are currently no comparable homes to 2201 Main Street.
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