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Worcester 01462
26 Peninsula Dr
$752,000
● House - Off Market

26 Peninsula Dr

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,620 Ft²
$957,446
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Hickory Hills Lakefront home set on over a ½ acre w/150+ feet of waterfront and dock. Spacious open concept Kitchen with breakfast bar, Dining and Living rooms w/ wood stove, overlooking the lake. Office off 2 story foyer, ½ bath/laundry.  Second level offers large Master bedroom with vaulted ceilings and skylights, sitting area with outside balcony overlooking the lake, 2 additional BRMS and full bath. Hardwood. Tile and WW throughout. Security. Central Air. Central Vac. Walkout basement to patio. Outdoor shower.  Nicely landscaped. Composite decks, Generac 20KW generator.  New roof and siding 2017. Town water, This home offer a great flow with plenty of room inside and out for entertaining throughout the year.  hickoryhillslake.com
Unit Size
2,620 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$267
Property Type
House
Property Taxes
$849
HOA Dues
$960
Year Built
1998

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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 #72688329)

Price History

Date / Event Date Event Price
Aug 27, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by LAER Realty Partners $699,000
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,394
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,479
  • Total Building Area: 2,620
  • Gross Building Area: 7,060
  • Building Area: 2,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000539
  • 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: 712101

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620290004300000
  • Parcel: LUNE M:029.0 B:0043 L:0000.0
  • Block: 43
  • Municipality: LUNENBURG
  • Latitude: 42.6155
  • Longitude: -71.7027

    Address

  • Full Address: 26 Peninsula Dr
  • Address - House Number: 26
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1110
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,556,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,130,767
  • High Value: 1,313,062
  • Low Value: 948,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,064,800
  • Assessed Land Value: $541,800
  • Assessed Improvements Value: $523,000

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14571

    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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 72688329

Frequently Asked Questions

When was property at 26 Peninsula Drive built and last sold?
The property at 26 Peninsula Drive was built in 1998 and last sold on Aug 26, 2020 for $752,000.
How much is this home worth?
The estimated value of the home located at 26 Peninsula Drive is $713,615.
What are some comparable homes to 26 Peninsula Drive?
There are currently no comparable homes to 26 Peninsula Drive.
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