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Worcester 01532
30 Lancaster Rd
$530,000
● House - Off Market

30 Lancaster Rd

Northborough, MA 01532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,661 Ft²
$695,020
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

PRICE DROP!!! Below assessed value!! Stylish neighborhood! End of cul-de-sac!! Oversized sun room with beautiful outdoor views. Large family room with floor to ceiling brick fireplace. Dining room next to the spacious eat in kitchen with granite countertops and stainless appliances.  Two large bedrooms on the main level with a full bathroom. Second floor has an extra great room overlooking the downstairs.  Master bedroom with private balcony. Partially finished basement with lots of potential  Three car garage(two attached and one separate). Gorgeous backyard with over an acre of land.  Solar panels for clean and renewable source of energy.  Desirable Northborough school system. Easy access to all major highways.
Unit Size
2,661 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$199
Property Type
House
Property Taxes
$814
HOA Dues
-
Year Built
1987

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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 #72705715)

Price History

Date / Event Date Event Price
Dec 3, 2020 Sold
Premium
Sold
Sep 10, 2020 No longer available -
No longer available
Aug 6, 2020 Listed by RE/MAX Executive Realty $529,000
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,760
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,296
  • Total Building Area: 2,661
  • Gross Building Area: 5,006
  • Building Area: 2,661
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,661
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001338
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740102

Zoning

  • Zoning: RB

Geography

  • Parcel: NBOR M:0280 L:0018
  • Lot: 18
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3411
  • Longitude: -71.6439

    Address

  • Full Address: 30 Lancaster Dr
  • Address - House Number: 30
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Northborough
  • Carrier Code: R004
  • 4-Digit Zip Code: 1326
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,068,600

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 778,803
  • High Value: 919,511
  • Low Value: 638,094

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $748,300
  • Assessed Land Value: $272,200
  • Assessed Improvements Value: $476,100

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 149109
  • Previous Sale Recording Date: Jan 03, 2013
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72705715

Frequently Asked Questions

When was property at 30 Lancaster Road built and last sold?
The property at 30 Lancaster Road was built in 1987 and last sold on Nov 30, 2020 for $537,000.
How much is this home worth?
The estimated value of the home located at 30 Lancaster Road is $548,269.
What are some comparable homes to 30 Lancaster Road?
There are currently no comparable homes to 30 Lancaster Road.
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