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Worcester
3 May Lane
Photo of 3 May Lane
Sold on Jul 17, 2025

31

Map

Photo of 3 May Lane
Photo of 3 May Lane
$320,000
● House - Off Market

3 May Lane

Auburn, MA 01501
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
832 Ft²
$1,952
Est. Monthly
6.81%
Cap Rate

About This Property

Set on over an acre of mostly cleared land, 3 May Lane offers privacy, charm, and a peaceful water view of Pondville Pond. This converted barn-style single-family home features an open and airy layout on the first floor. The main level includes a full bathroom, a spacious feeling living area with high ceilings, and a functional kitchen layout ready for your personal touch. Upstairs are two bedrooms, including one with a convenient half bath. Outside, enjoy a generous yard, established garden beds and a covered deck overlooking the pond. The basement and attached garage are well suited for additional storage. This is a rare opportunity for buyers seeking independence, character and serenity. Convenient commuter location, and close proximity to WPI, Clark, Tufts University and other colleges.
Unit Size
832 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$391
Property Type
House
Property Taxes
$355
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: 2 years ago (MLSPIN #73371333)

Price History

Date / Event Date Event Price
Jul 17, 2025 Sold
Premium
Sold
Jun 15, 2025 In contract -
In contract
Jun 3, 2025 Relisted $325,000
Relisted
May 18, 2025 In contract -
In contract
May 7, 2025 Listed $325,000
Listed
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 23
  • 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: 45,913
  • Total Building Area: 832
  • Gross Building Area: 2,711
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 832
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001054
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736500

Geography

  • Account Number: 185318
  • District: 17
  • Parcel: AUBU M:0050 L:0067
  • Lot: 67
  • Municipality: AUBURN
  • Latitude: 42.1923
  • Longitude: -71.8185

    Address

  • Full Address: 3 May Ln
  • Address - House Number: 3
  • Address - Street Name: May
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Auburn
  • Carrier Code: R002
  • 4-Digit Zip Code: 3240
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $427,000

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 340,138
  • High Value: 408,212
  • Low Value: 272,064

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $286,000
  • Assessed Land Value: $146,300
  • Assessed Improvements Value: $139,700

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Dec 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 140690
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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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: 2 years ago
Data Source: MLS PIN, MLS# 73371333

Frequently Asked Questions

When was property at 3 May Lane built and last sold?
The property at 3 May Lane was built in 1930 and last sold on Dec 17, 2019 for $220,000.
How much is this home worth?
The estimated value of the home located at 3 May Lane is $324,187.
What are some comparable homes to 3 May Lane?
There are currently no comparable homes to 3 May Lane.
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