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Lunenburg 01462
35 Fairview Rd
$150,000
● House - Off Market

35 Fairview Rd

Lunenburg, MA 01462
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$242,998
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

What a treasure!!!  A charming 1920's bungalow with natural, gleaming woodwork just waiting for your renovations.  The owner began the renovations but they are not complete so this is your opportunity to build equity. . . or to flip this home!  This will need a cash buyer or a renovation loan.  There is a welcoming porch on the front of the home and over an acre of land AND. . . a location which is walkable to the Town Center and school.  This is a wonderful opportunity to live in Lunenburg at a very reasonable price.  Come and check it out!
Unit Size
864 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$185
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1920

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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 #72429801)

Price History

Date / Event Date Event Price
Oct 18, 2019 Sold
Premium
Sold
Jan 31, 2019 Sold
Premium
Sold
Dec 4, 2018 Listed by LAER Realty Partners $159,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 864
  • Gross Building Area: 2,210
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • 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: 1620800001300000
  • Parcel: LUNE M:080.0 B:0013 L:0000.0
  • Block: 13
  • Municipality: LUNENBURG
  • Latitude: 42.5877
  • Longitude: -71.7264

    Address

  • Full Address: 35 Fairview Rd
  • Address - House Number: 35
  • Address - Street Name: Fairview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2049
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,100

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 324,108
  • High Value: 388,107
  • Low Value: 260,109

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,500
  • Assessed Land Value: $123,200
  • Assessed Improvements Value: $118,300

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 18504
  • Previous Sale Recording Date: Jan 31, 2019
  • Previous Sale Contract Date: Jan 13, 2019
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71
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 Lunenburg

Stats & Trends

Median Asking:

$518,000

Sale Price/ft²

$302

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2953 ft²

Average Home Age

73.9 years

Currently For Sale

11 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: 4 months ago
Data Source: MLS PIN, MLS# 72429801

Frequently Asked Questions

When was property at 35 Fairview Road built and last sold?
The property at 35 Fairview Road was built in 1920 and last sold on Oct 18, 2019 for $240,000.
How much is this home worth?
The estimated value of the home located at 35 Fairview Road is $160,913.
What are some comparable homes to 35 Fairview Road?
There are currently no comparable homes to 35 Fairview Road.
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