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Worcester 01462
37 Laurel Lane
$609,000
● House - Off Market

37 Laurel Lane

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,310 Ft²
$634,423
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This 3 bed 2.5 bath Contemporary Colonial home has it all! Enter into the stunning 2 floor entry featuring a gorgeous staircase and natural lighting pouring in. It boasts hardwood flooring throughout the first level, a large front to back living room with an elevated brick fireplace open to the kitchen and dining area, and direct access to the outdoors. The 2nd floor offers 3 generous sized bedrooms and a large en-suite off the master. There is a versatile finished area in the basement and ample storage space as well. Enjoy the perks of outdoor living on this private 3.4 acre property with time spent on the stunning farmer's front porch or the large back deck, just across the street from Lake Whalom.
Unit Size
2,310 Ft²
Days on Market
-
Land Size
3.41 acres
Price per sqft
$264
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1997

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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 #73018169)

Price History

Date / Event Date Event Price
Sep 13, 2022 Sold
Premium
Sold
Jul 27, 2022 Listed by Straight Real Estate Solutions, LLC $609,999
Listed by Straight Real Estate Solutions, LLC
May 6, 2003 Sold
Premium
Sold
Mar 7, 2003 Listed by Straight Real Estate Solutions, LLC $399,900
Listed by Straight Real Estate Solutions, LLC
Dec 3, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,208
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 148,346
  • Total Building Area: 2,310
  • Gross Building Area: 5,030
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003406
  • 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: RB

Geography

  • Account Number: 1620990002300000
  • Parcel: LUNE M:099.0 B:0023 L:0000.0
  • Block: 23
  • Municipality: LUNENBURG
  • Latitude: 42.577
  • Longitude: -71.7354

    Address

  • Full Address: 37 Laurel Ln
  • Address - House Number: 37
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2027
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $758,300

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 640,904
  • High Value: 741,380
  • Low Value: 540,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518,700
  • Assessed Land Value: $136,800
  • Assessed Improvements Value: $381,900

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16722
  • Previous Sale Recording Date: May 06, 2003
  • Previous Sale Amount: $399,000
  • 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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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# 73018169

Frequently Asked Questions

When was property at 37 Laurel Lane built and last sold?
The property at 37 Laurel Lane was built in 1997 and last sold on Sep 13, 2022 for $609,000.
How much is this home worth?
The estimated value of the home located at 37 Laurel Lane is $605,189.
What are some comparable homes to 37 Laurel Lane?
There are currently no comparable homes to 37 Laurel Lane.
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