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Worcester 01462
357 Burrage St
$304,000
● House - Off Market

357 Burrage St

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$424,481
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Opportunity awaits in this 3 BR, 1.5 bath, 7 room raised ranch sited on an acre of land in the Flat Hill area of Lunenburg. Bonus 28' & 40' detached garage for the hobbyist. All appliances to convey and ready for you to move right in - just in time for summer enjoyment in the three season porch with adjoining deck or the spacious back yard, complete with fruit trees. Showings according to CO-VID protocols. Masks must be worn and use hand sanitizer upon entry. Deadline for offers is Tuesday 6/23/20 at 5:00 p.m.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$248
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1974

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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 #72669967)

Price History

Date / Event Date Event Price
Aug 17, 2020 Sold
Premium
Sold
Jun 8, 2020 Listed by Century 21 North East $309,900
Listed by Century 21 North East
Aug 21, 2002 Sold
Premium
Sold
Jun 7, 2002 Listed by Century 21 North East $225,000
Listed by Century 21 North East
Aug 6, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,248
  • Gross Building Area: 2,906
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: O

Geography

  • Account Number: 1621070004300000
  • Parcel: LUNE M:107.0 B:0043 L:0000.0
  • Block: 43
  • Municipality: LUNENBURG
  • Latitude: 42.5725
  • Longitude: -71.6847

    Address

  • Full Address: 357 Burrage St
  • Address - House Number: 357
  • Address - Street Name: Burrage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 2107
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $524,100

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 448,371
  • High Value: 527,418
  • Low Value: 369,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,500
  • Assessed Land Value: $121,400
  • Assessed Improvements Value: $237,100

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13847
  • Previous Sale Recording Date: Aug 21, 2002
  • Previous Sale Amount: $210,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72669967

Frequently Asked Questions

When was property at 357 Burrage Street built and last sold?
The property at 357 Burrage Street was built in 1974 and last sold on Jul 31, 2020 for $304,000.
How much is this home worth?
The estimated value of the home located at 357 Burrage Street is $311,446.
What are some comparable homes to 357 Burrage Street?
There are currently no comparable homes to 357 Burrage Street.
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