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Worcester
3 Lighthouse Lane
$485,000
● House - Off Market

3 Lighthouse Lane

Westminster, MA 01473
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,060 Ft²
$671,034
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This beautiful 3 bedroom colonial (The Westminster) has all the bells and whistles, is complete and ready for you to move in.  First floor has hardwood floors in open concept kitchen / dining / living room, first floor also has half bath with laundry and family room with gas fireplace.  Kitchen features oversized island and sliders that lead to composite deck.  Second floor offers front to back master suite to include full bath and walk in closet as well as 2 additional spacious bedrooms and an additional full bath.  Some of the bonuses include central air conditioning, high end kitchen cabinets and stainless appliances.  Use 22 Newton Rd. for your GPS
Unit Size
2,060 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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 #72608756)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jan 16, 2020 Listed by Foster-Healey Real Estate $489,900
Listed by Foster-Healey Real Estate
Jan 9, 2020 Sold
Premium
Sold
Oct 4, 2019 Listed by Foster-Healey Real Estate $489,900
Listed by Foster-Healey Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • 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: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,947
  • Total Building Area: 2,008
  • Gross Building Area: 3,860
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000917
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: 15761
  • Parcel: WMIN M:157 B:6 L:1
  • Block: 6
  • Lot: 1
  • Municipality: WESTMINSTER
  • Latitude: 42.5226
  • Longitude: -71.9568

    Address

  • Full Address: 3 Lighthouse Ln
  • Address - House Number: 3
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westminster
  • Carrier Code: R004
  • 4-Digit Zip Code: 1336
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,500

    Appraisal Valuation

  • Standard Deviation: 0.1619
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 660,501
  • High Value: 767,494
  • Low Value: 553,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,000
  • Assessed Land Value: $121,900
  • Assessed Improvements Value: $432,100

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14180
  • Previous Sale Recording Date: Jan 09, 2020
  • Previous Sale Contract Date: Jan 09, 2020
  • Previous Sale Amount: $479,000
  • Previous Sale Document Type: O
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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# 72608756

Frequently Asked Questions

When was property at 3 Lighthouse Lane built and last sold?
The property at 3 Lighthouse Lane was built in 2019 and last sold on Aug 11, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 3 Lighthouse Lane is $499,829.
What are some comparable homes to 3 Lighthouse Lane?
There are currently no comparable homes to 3 Lighthouse Lane.
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