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Leominster 01453
35 Lantern Lane
Photo of 35 Lantern Lane
Sold on May 10, 2007

1

Map

$285,000
● House - Off Market

35 Lantern Lane

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$530,333
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Location, Location, Location: A little tweaking will make this house a beautiful home. Two baths, 3 bedroom, 2 car garage, skylit kitchen and living room, fireplace, sunporch, deck, shed and much more.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$194
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1986

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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 #70512269)

Price History

Date / Event Date Event Price
May 10, 2007 Sold
Premium
Sold
Jan 16, 2007 Listed $309,900
Listed
Jul 10, 2000 Sold
Premium
Sold
Sep 26, 1997 Sold
Premium
Sold
Jul 17, 1997 Listed by Alpha Real Estate $152,900
Listed by Alpha Real Estate
CATHEDRAL CEILINGS,WATER FILTER,FULLY AP GOURMET KITCHEN CALIFORNIA BA IN MBR,FINISHED FAMILY ROOM,2-C GARAGE ELEGANT HOME IN A FINE AREA OF HOMES. A MUST SEE.
Show More

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 14,500
  • Total Building Area: 1,353
  • Gross Building Area: 2,609
  • Building Area: 1,353
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,353
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEOMINSTER
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leominster School District
  • School Tax School District: LEOMINSTER SD
  • Census Tract: 709201

Geography

  • Parcel: LEOM M:0456 B:0012A L:0000
  • Block: 12A
  • Municipality: LEOMINSTER
  • Latitude: 42.4933
  • Longitude: -71.7504

    Address

  • Full Address: 35 Lantern Ln
  • Address - House Number: 35
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Leominster
  • Carrier Code: R005
  • 4-Digit Zip Code: 5953
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $660,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 478,240
  • High Value: 592,106
  • Low Value: 364,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,000
  • Assessed Land Value: $119,900
  • Assessed Improvements Value: $305,100

    Sales

  • Current Sale Recording Date: May 10, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 10, 2000
  • Previous Sale Amount: $183,400
  • 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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2280 ft²

Average Home Age

75.6 years

Currently For Sale

99 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# 70512269

Frequently Asked Questions

When was property at 35 Lantern Lane built and last sold?
The property at 35 Lantern Lane was built in 1986 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 35 Lantern Lane is $318,165.
What are some comparable homes to 35 Lantern Lane?
There are currently no comparable homes to 35 Lantern Lane.
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