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Worcester 01462
28 The Lane
$389,900
● House - Off Market

28 The Lane

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,568 Ft²
$658,531
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Beautiful light-filled New England colonial on a quiet, idyllic country lane. Scenic view off deck running length of entire house overlooking apple orchard. Horse farm 100 yards away. Easy access to trails for hiking, biking, or winter recreational sports. Newly remodeled kitchen with stainless steel appliances, double convection oven, granite counter tops & butcher block center island. Large, spacious bedrooms with solid hardwood floors & tile throughout the house. Central vac, security system, electric dog fence, filtration system, generator hook-up, whole house fan, over sized garage, 2 fireplaces and truly enormous walk-out basement with 13' ceilings. Sparkling clean house with land in front & back delightful in every season. Commuter friendly for train & highway access.
Unit Size
2,568 Ft²
Days on Market
-
Land Size
1.26 acres
Price per sqft
$152
Property Type
House
Property Taxes
$520
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: 5 months ago (MLSPIN #71920694)

Price History

Date / Event Date Event Price
Aug 12, 2016 Sold
Premium
Sold
Oct 17, 2015 Listed by Coldwell Banker Residential Brokerage - Leominster $389,900
Listed by Coldwell Banker Residential Brokerage - Leominster
Jan 26, 2007 Sold
Premium
Sold
Apr 21, 2006 Listed by Coldwell Banker Residential Brokerage - Leominster $439,900
Listed by Coldwell Banker Residential Brokerage - Leominster

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,368
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,886
  • Total Building Area: 2,568
  • Gross Building Area: 5,384
  • Building Area: 2,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PREPARED ERIC M & ELAINE V OLS
  • Land Acres: 0000001260
  • 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: 1620670001500000
  • Parcel: LUNE M:067.0 B:0015 L:0000.0
  • Block: 15
  • Municipality: LUNENBURG
  • Latitude: 42.5949
  • Longitude: -71.6761

    Address

  • Full Address: 28 The Ln
  • Address - House Number: 28
  • 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: $774,400

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 650,328
  • High Value: 755,316
  • Low Value: 545,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,700
  • Assessed Land Value: $131,800
  • Assessed Improvements Value: $397,900

    Sales

  • Current Sale Recording Date: Aug 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13841
  • Previous Sale Recording Date: Jan 26, 2007
  • Previous Sale Amount: $425,000
  • 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

58

Average Home Size

2386 ft²

Average Home Age

63.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71920694

Frequently Asked Questions

When was property at 28 The Lane built and last sold?
The property at 28 The Lane was built in 1990 and last sold on Jan 1, 1970 for $389,900.
How much is this home worth?
The estimated value of the home located at 28 The Lane is $409,955.
What are some comparable homes to 28 The Lane?
There are currently no comparable homes to 28 The Lane.
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