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South Lancaster 01523
358 Parker Rd
Photo of 358 Parker Rd
Sold on Jun 26, 2009

1

Map

$163,200
● House - Off Market

358 Parker Rd

Lancaster, MA 01523
bedrooms
1 Bed
bathrooms
1 Bath
square feet
720 Ft²
$368,888
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Adorable meticulously maintained home, everything's done and updated, siding, windows, heat, Central AIR, kitchen baths, deck, fully applianced including washer/dryer!! This home has large kitchen-eat in area and an additional room could be used as nursery, sewing room, office ( no closet). Full basement with walk out already heated could be finished for additional space!  Home sits on a large lovely lot in quiet area. This one just needs a new owner!!!!
Unit Size
720 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$249
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70892119)

Price History

Date / Event Date Event Price
Jun 29, 2009 Sold
Premium
Sold
Mar 23, 2009 Listed $179,000
Listed
Feb 14, 1997 Sold
Premium
Sold
Oct 10, 1996 Listed $119,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCASTER
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:041.0 B:0000 L:0186.0
  • Lot: 186.0
  • Municipality: LANCASTER
  • Latitude: 42.433
  • Longitude: -71.6952

    Address

  • Full Address: 358 Parker Rd
  • Address - House Number: 358
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1917
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,000

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 323,009
  • High Value: 386,181
  • Low Value: 259,837

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,800
  • Assessed Land Value: $92,300
  • Assessed Improvements Value: $137,500

    Sales

  • Current Sale Recording Date: Jun 29, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00074293
  • Previous Sale Recording Date: Feb 14, 1997
  • Previous Sale Amount: $111,500
  • 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 South Lancaster

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$298

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1631 ft²

Average Home Age

115.5 years

Currently For Sale

4 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70892119

Frequently Asked Questions

When was property at 358 Parker Road built and last sold?
The property at 358 Parker Road was built in 1954 and last sold on Jan 1, 1970 for $163,200.
How much is this home worth?
The estimated value of the home located at 358 Parker Road is $178,276.
What are some comparable homes to 358 Parker Road?
There are currently no comparable homes to 358 Parker Road.
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