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Worcester
31 Lorna Drive
$289,000
● House - Off Market

31 Lorna Drive

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,199 Ft²
$563,684
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Beautifully maintained classic ranch with many, many upgrades.  Bright, sunny living room is wide open to the country kitchen which includes a fireplace, new cabinets, new appliances and gorgeous granite.Three family bedrooms and new bath complete the first floor.  The lower level is just fabulous, large open room with a fireplace and a full, new bathroom and laundry area with additional storage. The yard will make you never want to leave your home, professionally landscaped with a gorgeous inground pool. Recent roof, windows,pool liner, water heater, a/c and driveway.  Located in a highly regarded, conveniently located neighborhood make this a house you must see.
Unit Size
1,199 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$241
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1980

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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 #71583206)

Price History

Date / Event Date Event Price
Apr 8, 2022 Sold
Premium
Sold
Jan 13, 2021 Sold
Premium
Sold
Nov 12, 2020 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $389,900
Listed by Coldwell Banker Residential Brokerage - Shrewsbury
Nov 19, 2013 Sold
Premium
Sold
Sep 13, 2013 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $289,000
Listed by Coldwell Banker Residential Brokerage - Shrewsbury

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • 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: 24,217
  • Total Building Area: 1,199
  • Gross Building Area: 2,430
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000556
  • 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: 736200

Geography

  • Account Number: 1185
  • District: 17
  • Parcel: AUBU M:0009 L:0113
  • Lot: 113
  • Municipality: AUBURN
  • Latitude: 42.22
  • Longitude: -71.8556

    Address

  • Full Address: 31 Lorna Dr
  • Address - House Number: 31
  • Address - Street Name: Lorna
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Auburn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1241
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,100

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 468,031
  • High Value: 555,500
  • Low Value: 380,562

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $408,000
  • Assessed Land Value: $125,500
  • Assessed Improvements Value: $282,500

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39241
  • Previous Sale Recording Date: Jan 13, 2021
  • Previous Sale Contract Date: Dec 22, 2020
  • Previous Sale Amount: $389,900
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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# 71583206

Frequently Asked Questions

When was property at 31 Lorna Drive built and last sold?
The property at 31 Lorna Drive was built in 1980 and last sold on Apr 8, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 31 Lorna Drive is $405,249.
What are some comparable homes to 31 Lorna Drive?
There are currently no comparable homes to 31 Lorna Drive.
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