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Worcester 01523
2518 North Main Street
$277,500
● House - Off Market

2518 North Main Street

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,484 Ft²
$550,921
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Pristine split level home with many recent updates on nice level lot. Upper level all gleaming hardwood except marble floor kitchen and tile floor bath.  Lower level,tile with fireplaced family room, laundry and THIRD BEDROOM. Upper level family room with double french doors leading to nice exterior deck. Beautiful kitchen with granite counters and quality cabinets.Fireplaced living room and 2 bedrooms complete the upper level. Updated bath with whirlpool tub. Newer windows and roof.   Detached oversized 2 car garage with great second floor easily converted to a second floor studio, office or what ever one would want to use it for. MOVE IN CONDITION!!  MUST SEE!!
Unit Size
1,484 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$195
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71603103)

Price History

Date / Event Date Event Price
Mar 4, 2014 Sold
Premium
Sold
Oct 31, 2013 Listed by Century 21 Commonwealth $289,000
Listed by Century 21 Commonwealth
Aug 4, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 1,092
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,484
  • Gross Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:018.0 B:0000 L:0014.A
  • Lot: 14.A
  • Municipality: LANCASTER
  • Latitude: 42.4881
  • Longitude: -71.7133

    Address

  • Full Address: 2518 Main St
  • Address - House Number: 2518
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2320
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $647,900

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 531,154
  • High Value: 620,111
  • Low Value: 442,197

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,200
  • Assessed Land Value: $87,000
  • Assessed Improvements Value: $318,200

    Sales

  • Current Sale Recording Date: Mar 04, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18306
  • Previous Sale Recording Date: Aug 04, 2006
  • Previous Sale Amount: $160,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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 months ago
Data Source: MLS PIN, MLS# 71603103

Frequently Asked Questions

When was property at 2518 Main Street built and last sold?
The property at 2518 Main Street was built in 1970 and last sold on Jan 1, 1970 for $277,500.
How much is this home worth?
The estimated value of the home located at 2518 Main Street is $298,488.
What are some comparable homes to 2518 Main Street?
There are currently no comparable homes to 2518 Main Street.
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