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Worcester 01523
2879 North Main Street
Photo of 2879 North Main Street
Sold on Mar 31, 2010

1

Map

$214,000
● House - Off Market

2879 North Main Street

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,800 Ft²
$469,851
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model

About This Property

Old fashioned colonial charm - porches, pantry, built ins, and large closets in all bedrooms. Great commuter location. Large private back yard abutting wooded area. Welcome your company into a beautiful foyer with a grand staircase.  Beautiful woodwork and quality workmanship show through. Potential fourth bedroom room upstairs has closet in the hallway.  Minor updates needed to restore this beauty to its full potential. Walking trails to Nashua river. New septic system 11/09.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
2.20 acres
Price per sqft
$122
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1930

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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 #70990424)

Price History

Date / Event Date Event Price
Mar 31, 2010 Sold
Premium
Sold
Oct 16, 2009 Listed $219,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 930
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 95,832
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002200
  • 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:0060.0
  • Lot: 60.0
  • Municipality: LANCASTER
  • Latitude: 42.4941
  • Longitude: -71.7219

    Address

  • Full Address: 2879 N Main St
  • Address - House Number: 2879
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2329
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $436,100

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 374,519
  • High Value: 439,982
  • Low Value: 309,057

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,700
  • Assessed Land Value: $101,200
  • Assessed Improvements Value: $152,500

    Sales

  • Current Sale Recording Date: Mar 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00032387
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:

$499,999

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2392 ft²

Average Home Age

64.7 years

Currently For Sale

2074 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70990424

Frequently Asked Questions

When was property at 2879 North Main Street built and last sold?
The property at 2879 North Main Street was built in 1930 and last sold on Jan 1, 1970 for $214,000.
How much is this home worth?
The estimated value of the home located at 2879 North Main Street is $236,797.
What are some comparable homes to 2879 North Main Street?
There are currently no comparable homes to 2879 North Main Street.
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