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Worcester 01523
285 Kaleva Rd
$525,000
● House - Off Market

285 Kaleva Rd

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,322 Ft²
$1,043,707
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Sunlight drenched Contemporary Cape on a private 2.3 acre lot with irrigation system. Versatile floor plan for easy living with 1st floor maste suite, 2-sided gas fireplace, Cherry cabs & corian counters in kitchen & baths, vaulted ceilings, skylights, hardwood flrs, 2-story foyer, finished walkout basement w/game room incl. wet bar & maple cabinetry, & office w/maple built-ins. Large walk-in attics for storage & 3-car garage. 28 FT deck & patio area. Recently expanded rear yard surrounded by wooded privacy.  Great home for entertaining or family enjoyment.
Unit Size
3,322 Ft²
Days on Market
-
Land Size
2.30 acres
Price per sqft
$169
Property Type
House
Property Taxes
$857
HOA Dues
$100
Year Built
2001

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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 #71709865)

Price History

Date / Event Date Event Price
Oct 23, 2014 Sold
Premium
Sold
Jul 8, 2014 Listed by Keller Williams Realty North Central $559,900
Listed by Keller Williams Realty North Central
Nov 7, 2003 Sold
Premium
Sold
Jun 25, 2003 Listed by Keller Williams Realty North Central $629,000
Listed by Keller Williams Realty North Central

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 2,022
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,188
  • Total Building Area: 3,308
  • Gross Building Area: 3,308
  • Building Area: 3,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:001.0 B:0000 L:0019.N
  • Lot: 19.N
  • Municipality: LANCASTER
  • Latitude: 42.5289
  • Longitude: -71.6837

    Address

  • Full Address: 285 Kaleva Rd
  • Address - House Number: 285
  • Address - Street Name: Kaleva
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 3214
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,486,800

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 976,526
  • High Value: 1,132,723
  • Low Value: 820,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $864,900
  • Assessed Land Value: $151,800
  • Assessed Improvements Value: $713,100

    Sales

  • Current Sale Recording Date: Oct 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99590
  • Previous Sale Recording Date: Nov 07, 2003
  • Previous Sale Amount: $588,000
  • 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 71709865

Frequently Asked Questions

When was property at 285 Kaleva Road built and last sold?
The property at 285 Kaleva Road was built in 2001 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 285 Kaleva Road is $585,242.
What are some comparable homes to 285 Kaleva Road?
There are currently no comparable homes to 285 Kaleva Road.
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