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Worcester
38 Lancelot Dr.
$290,000
● House - Off Market

38 Lancelot Dr.

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,999 Ft²
$729,819
RealtyHop Estimate
145.32%
Since Nov 1, 2002
National-US
Primary Model

About This Property

RECENT ROOF,SEPTIC,& DECK - PROFESSIONALLY LANDSCAPED - OVERSIZE GARAGE - OPEN DESIGN - IN AREA OF FINE HOMES - CALL FOR AN APPOINTMENT TODAY !!
Unit Size
1,999 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$149
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1976

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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 #30638223)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Oct 22, 2002 Sold
Premium
Sold
Aug 21, 2002 Listed by Fay Realty $297,500
Listed by Fay Realty
Aug 21, 1998 Sold
Premium
Sold
Mar 18, 1998 Listed by Fay Realty $205,900
Listed by Fay Realty

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,471
  • Total Building Area: 1,893
  • Gross Building Area: 4,385
  • Building Area: 1,893
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,893
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROWNINGSHIELD
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: R4

Geography

  • Account Number: 1167
  • Parcel: PAXT M:00019 L:00242
  • Lot: 242
  • Municipality: PAXTON
  • Latitude: 42.3005
  • Longitude: -71.927

    Address

  • Full Address: 38 Lancelot Dr
  • Address - House Number: 38
  • Address - Street Name: Lancelot
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Paxton
  • Carrier Code: C008
  • 4-Digit Zip Code: 1215
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $783,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 538,179
  • High Value: 630,592
  • Low Value: 445,765

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,300
  • Assessed Land Value: $114,300
  • Assessed Improvements Value: $373,000

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175200
  • Previous Sale Recording Date: Oct 22, 2002
  • Previous Sale Amount: $290,000
  • 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

2391 ft²

Average Home Age

64.3 years

Currently For Sale

2106 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# 30638223

Frequently Asked Questions

When was property at 38 Lancelot Drive built and last sold?
The property at 38 Lancelot Drive was built in 1976 and last sold on Dec 15, 2021 for $465,000.
How much is this home worth?
The estimated value of the home located at 38 Lancelot Drive is $309,642.
What are some comparable homes to 38 Lancelot Drive?
There are currently no comparable homes to 38 Lancelot Drive.
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