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Worcester 01462
37 Brookview Ter
$200,000
● House - Off Market

37 Brookview Ter

Lunenburg, MA 01462
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$307,391
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

GREAT OPPORTUNITY to own this cozy, 2-bedroom Ranch with access to Hickory Hills Lake! Enter this home through a wonderful enclosed front porch where you can enjoy a morning coffee/tea and evening summer nights.  Once inside, the main living area features a welcoming living room opening to a spacious eat-in kitchen and warm & comfy den.  Off the main living area are two bedrooms and a full bath. Tons of cabinets and closet space for storage.  Nice flat backyard with picnic patio area and shed plus walking distance to a private beach area for Hickory Hills Lake residents! Furnace 2014 and roof approx 12 years old. Easy access to Routes 13 & 2A and close proximity to Lunenburg town center.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$233
Property Type
House
Property Taxes
$267
HOA Dues
$200
Year Built
1960

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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 #72578661)

Price History

Date / Event Date Event Price
Nov 18, 2020 Sold
Premium
Sold
Sep 16, 2020 Listed by Coldwell Banker Residential Brokerage - Leominster $289,900
Listed by Coldwell Banker Residential Brokerage - Leominster
Nov 20, 2019 Sold
Premium
Sold
Oct 11, 2019 Listed by Coldwell Banker Residential Brokerage - Leominster $210,000
Listed by Coldwell Banker Residential Brokerage - Leominster

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • 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: 0
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,238
  • Total Building Area: 900
  • Gross Building Area: 1,149
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 712101

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620300001500000
  • Parcel: LUNE M:030.0 B:0015 L:0000.0
  • Block: 15
  • Municipality: LUNENBURG
  • Latitude: 42.6158
  • Longitude: -71.7137

    Address

  • Full Address: 37 Brookview Ter
  • Address - House Number: 37
  • Address - Street Name: Brookview
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C003
  • 4-Digit Zip Code: 1116
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,200

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 392,636
  • High Value: 461,857
  • Low Value: 323,414

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,400
  • Assessed Land Value: $95,200
  • Assessed Improvements Value: $205,200

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21018
  • Previous Sale Recording Date: Nov 20, 2019
  • Previous Sale Contract Date: Nov 20, 2019
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: O
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# 72578661

Frequently Asked Questions

When was property at 37 Brookview Terrace built and last sold?
The property at 37 Brookview Terrace was built in 1960 and last sold on Nov 17, 2020 for $292,000.
How much is this home worth?
The estimated value of the home located at 37 Brookview Terrace is $288,582.
What are some comparable homes to 37 Brookview Terrace?
There are currently no comparable homes to 37 Brookview Terrace.
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