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Worcester 01523
27 Gorham Ave
$305,025
● House - Off Market

27 Gorham Ave

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$432,545
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

*Open House Saturday May 11th, 12:30-2:00 PM* Easy living as this split entry home is well maintained and move in ready! Great location in a sought after neighborhood and school district, plus convenient for commuters. Spacious living room leads into fully applianced eat-in kitchen. Main level bath has been beautifully tiled and renovated. All three bedrooms have gleaming hardwood floors. Bonus family room, half bath and laundry in lower level. Replacement windows; One car garage; Private backyard. What's not to love?
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$197
Property Type
House
Property Taxes
$382
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: 5 months ago (MLSPIN #72485683)

Price History

Date / Event Date Event Price
Aug 12, 2019 Sold
Premium
Sold
May 7, 2019 Listed by RE/MAX Journey $295,000
Listed by RE/MAX Journey
Oct 29, 1997 Sold
Premium
Sold
Jun 16, 1997 Listed by RE/MAX Journey $137,900
Listed by RE/MAX Journey

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 988
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,016
  • Gross Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILTON H GORHAM
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:042.0 B:0000 L:0101.0
  • Lot: 101.0
  • Municipality: LANCASTER
  • Latitude: 42.4345
  • Longitude: -71.6752

    Address

  • Full Address: 27 Gorham Ave
  • Address - House Number: 27
  • Address - Street Name: Gorham
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 2073
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559,500

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 419,883
  • High Value: 499,251
  • Low Value: 340,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,500
  • Assessed Land Value: $84,700
  • Assessed Improvements Value: $240,800

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80147
  • Previous Sale Recording Date: Oct 29, 1997
  • Previous Sale Amount: $130,000
  • 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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 72485683

Frequently Asked Questions

When was property at 27 Gorham Avenue built and last sold?
The property at 27 Gorham Avenue was built in 1970 and last sold on Aug 9, 2019 for $305,025.
How much is this home worth?
The estimated value of the home located at 27 Gorham Avenue is $298,760.
What are some comparable homes to 27 Gorham Avenue?
There are currently no comparable homes to 27 Gorham Avenue.
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