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Worcester 01462
Lot 4 Butterfly Lane
$447,800
● House - Off Market

Lot 4 Butterfly Lane

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,432 Ft²
$746,715
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Lunenburg's newest subdivision. 5 lots available 3 have sold. Fantastic new construction. 8 Rooms, 4 Bedrooms, 2 1/2 baths with a two car garage attached colonial on 1.23 acre flat lot. Generous allowances. Hardwood, Tiled bath and granite counter tops and garage door openers. The builder is fantastic to work with and brings the home in on schedule. The area is nicely landscaped and large open lots.  Easy to show. Open house every Sunday from 1-3pm. Lots 1,3,4,7 & 8 are available. Rte 2A to Elmwood Road to Butterfly lane on the right.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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 #71924043)

Price History

Date / Event Date Event Price
Jun 3, 2016 Sold
Premium
Sold
Feb 19, 2016 Sold
Premium
Sold
Oct 26, 2015 Listed by Keller Williams Realty North Central $439,900
Listed by Keller Williams Realty North Central

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 88,712
  • Total Building Area: 2,432
  • Gross Building Area: 4,680
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002037
  • 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: 712102

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620680004300000
  • Parcel: LUNE M:068.0 B:0043 L:0000.0
  • Block: 43
  • Municipality: LUNENBURG
  • Latitude: 42.593
  • Longitude: -71.6904

    Address

  • Full Address: 4 Butterfly Ln
  • Address - House Number: 4
  • Address - Street Name: Butterfly
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 4100
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $816,200

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 686,123
  • High Value: 796,735
  • Low Value: 575,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $558,300
  • Assessed Land Value: $139,600
  • Assessed Improvements Value: $418,700

    Sales

  • Current Sale Recording Date: Feb 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2826
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# 71924043

Frequently Asked Questions

When was property at 4 Butterfly Lane built and last sold?
The property at 4 Butterfly Lane was built in 2015 and last sold on Jan 1, 1970 for $428,200.
How much is this home worth?
The estimated value of the home located at 4 Butterfly Lane is $453,854.
What are some comparable homes to 4 Butterfly Lane?
There are currently no comparable homes to 4 Butterfly Lane.
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