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Worcester 01462
329 Sunset Ln
$700,000
● House - Off Market

329 Sunset Ln

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$1,025,796
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

SPECTACULAR WATERFRONT PROPERTY ON LAKE SHIRLEY!  PRESTIGIOUS LOCATION WITH PRIVATE DOCK!   BUILT IN 2005 WITH AN OPEN CONCEPT FLOOR PLAN.  KITCHEN WITH STAINLESS STEEL APPLIANCES, BREAKFAST ISLAND AND GRANITE COUNTERTOPS, SEPARATE DINING AREA, LIVING ROOM AND YOUR OWN PERSONAL BALCONY OVERLOOKING THE LAKE!  BEAUTIFUL 16 x 22 MASTER SUITE WITH WALK-IN CLOSET.  CONVENIENT FIRST FLOOR LAUNDRY!  LOWER LEVEL OFFERS TWO BEDROOMS, FULL BATH, 16 x 26 FAMILY ROOM JUST STEPS AWAY FROM YOUR OWN PRIVATE SERENE BEACH!  EQUIPPED WITH A TWO CAR GARAGE, PLENTY OF PARKING AND VIEWS FROM ALL SIDES!  BOATING, WATERSKIING, PERSONAL WATER CRAFTS, CANOEING AND FISHING PERMITTED!  OPTIONAL ANNUAL DUES $300.00 / PASSED TITLE V.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$259
Property Type
House
Property Taxes
$687
HOA Dues
-
Year Built
2005

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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 #72541581)

Price History

Date / Event Date Event Price
Oct 1, 2019 Sold
Premium
Sold
Jul 27, 2019 Listed by Mary Foley Real Estate $699,900
Listed by Mary Foley Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2011
  • 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: 3
  • Building Style: 4
  • 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: 640
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,799
  • Gross Building Area: 5,421
  • Building Area: 1,799
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,799
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 712102

Zoning

  • Zoning: RA

Geography

  • Account Number: 1621260003900000
  • Parcel: LUNE M:126.0 B:0039 L:0000.0
  • Block: 39
  • Municipality: LUNENBURG
  • Latitude: 42.5573
  • Longitude: -71.6846

    Address

  • Full Address: 329 Sunset Ln
  • Address - House Number: 329
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 2144
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,399,400

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,052,788
  • High Value: 1,222,512
  • Low Value: 883,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $957,200
  • Assessed Land Value: $465,200
  • Assessed Improvements Value: $492,000

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17150
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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72541581

Frequently Asked Questions

When was property at 329 Sunset Lane built and last sold?
The property at 329 Sunset Lane was built in 2005 and last sold on Sep 30, 2019 for $700,000.
How much is this home worth?
The estimated value of the home located at 329 Sunset Lane is $711,227.
What are some comparable homes to 329 Sunset Lane?
There are currently no comparable homes to 329 Sunset Lane.
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