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Worcester
38 Danforth Ln
$620,000
● House - Off Market

38 Danforth Ln

Bolton, MA 01740
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,967 Ft²
$1,101,037
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Built in 2003 and original owners. This 1.77 acre lot is bordered on two sides by conservation land and the backyard is bordered by a real New England stone wall. Lots of wildlife and opportunities to hike. The house is situated on a shared common driveway with three other privately owned homes.
Unit Size
2,967 Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$209
Property Type
House
Property Taxes
$870
HOA Dues
-
Year Built
2003

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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: 6 months ago (MLSPIN #71832079)

Price History

Date / Event Date Event Price
Jul 2, 2015 Sold
Premium
Sold
May 7, 2015 Listed by The Greene Realty Group $620,000
Listed by The Greene Realty Group
Oct 7, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,701
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,101
  • Total Building Area: 2,985
  • Gross Building Area: 2,392
  • Building Area: 2,985
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,985
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001770
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • School Tax School District: NASHOBA SD
  • Census Tract: 715100

Zoning

  • Zoning: R1

Geography

  • Parcel: BOLT M:002D B:0000 L:0030
  • Lot: 30
  • Municipality: BOLTON
  • Latitude: 42.4142
  • Longitude: -71.575

    Address

  • Full Address: 38 Danforth Ln
  • Address - House Number: 38
  • Address - Street Name: Danforth
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Bolton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1449
  • Zip Code: 01740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,563,700

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,065,799
  • High Value: 1,234,945
  • Low Value: 896,653

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $961,700
  • Assessed Land Value: $209,600
  • Assessed Improvements Value: $752,100

    Sales

  • Current Sale Recording Date: Jul 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65083
  • Previous Sale Recording Date: Oct 07, 2003
  • Previous Sale Amount: $596,476
  • 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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2379 ft²

Average Home Age

65.5 years

Currently For Sale

1984 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71832079

Frequently Asked Questions

When was property at 38 Danforth Lane built and last sold?
The property at 38 Danforth Lane was built in 2003 and last sold on Jan 1, 1970 for $620,000.
How much is this home worth?
The estimated value of the home located at 38 Danforth Lane is $634,289.
What are some comparable homes to 38 Danforth Lane?
There are currently no comparable homes to 38 Danforth Lane.
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