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Worcester 01462
3 Richard's Way
Photo of 3 Richard's Way
Sold on Feb 18, 2010

1

Map

$267,000
● House - Off Market

3 Richard's Way

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,584 Ft²
$638,215
RealtyHop Estimate
116.34%
Since Mar 1, 2010
National-US
Primary Model

About This Property

Huge & beautiful home offers 3 bedrooms, 2.5 baths w/ ceramic title. Gorgeous hardwood floors in living room, dinning room, kitchen & hall. Family room w/ fire place, cathedral ceiling. Master w/ suite. 2 car garage, deck, security system, central air...etc. This is a beautiful home on a 1.65 acres.
Unit Size
2,584 Ft²
Days on Market
-
Land Size
1.65 acres
Price per sqft
$114
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #71012063)

Price History

Date / Event Date Event Price
Feb 18, 2010 Sold
Premium
Sold
Dec 21, 2009 Listed $295,000
Listed
Dec 23, 2005 Sold
Premium
Sold
Mar 31, 2005 Listed $435,900
Listed

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,028
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,874
  • Total Building Area: 2,584
  • Gross Building Area: 4,284
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIW REALTY TRUST
  • Land Acres: 0000001650
  • 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: 712101

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620750003600000
  • Parcel: LUNE M:075.0 B:0036 L:0000.0
  • Block: 36
  • Municipality: LUNENBURG
  • Latitude: 42.5905
  • Longitude: -71.767

    Address

  • Full Address: 3 Richards Way
  • Address - House Number: 3
  • Address - Street Name: Richards
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C001
  • 4-Digit Zip Code: 1266
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $787,900

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 582,491
  • High Value: 686,400
  • Low Value: 478,582

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $538,900
  • Assessed Land Value: $130,100
  • Assessed Improvements Value: $408,800

    Sales

  • Current Sale Recording Date: Feb 18, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2353
  • Previous Sale Recording Date: Dec 23, 2005
  • Previous Sale Amount: $435,900
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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

Unit for rent at 37 Blossom St, MA, 01420

$739 /mo

  • 1 Bed
  • 1 Bath
37 Blossom St, MA, 01420 Listing by Rick Rivera
Unit for rent at 35 Day St, MA, 01420

$1,575 /mo

  • 1 Bed
  • 1 Bath
35 Day St, MA, 01420 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71012063

Frequently Asked Questions

When was property at 3 Richards Way built and last sold?
The property at 3 Richards Way was built in 2005 and last sold on Jan 1, 1970 for $267,000.
How much is this home worth?
The estimated value of the home located at 3 Richards Way is $328,014.
What are some comparable homes to 3 Richards Way?
There are currently no comparable homes to 3 Richards Way.
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