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Worcester 01462
4 Cove Road
Photo of 4 Cove Road
Sold on Sep 29, 2011

1

Map

$175,100
● House - Off Market

4 Cove Road

Lunenburg, MA 01462
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$393,023
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

SELLER ACCEPTED AN OFFER SUB TO RETURN  OF EXE CONTRACTS/OPPORTUNITY KNOCKS!  Cozy Log house on Pond! Nice views  SOLD IN AS IS CONDITION. Water on, Title 5 in hand.  SELLER OFFERING 2 YR HOME WARRANTY & UP TO 3% TOWARD CC FOR OWNER OCC ONLY Must be writtten in initial offer.) 1ST 15 DAYS OF LISTING FOR OWNER OCC ONLY PER SELLER 1ST LOOK INITIATIVE ENDS 7/20/11. Any accepted offers subject to return of contracts w/in 72 hrs of receipt. (SEE FIRM
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$156
Property Type
House
Property Taxes
$362
HOA Dues
$330
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71257166)

Price History

Date / Event Date Event Price
Sep 29, 2011 Sold
Premium
Sold
Jul 5, 2011 Listed by RE/MAX Advantage 1 $175,100
Listed by RE/MAX Advantage 1
Nov 6, 2003 Sold
Premium
Sold
Aug 12, 2003 Listed by RE/MAX Advantage 1 $309,900
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,091
  • Total Building Area: 1,120
  • Gross Building Area: 3,036
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HICKORY HILLS LAKE CORP S
  • Land Acres: 0000000576
  • 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: 1620240011500000
  • Parcel: LUNE M:024.0 B:0115 L:0000.0
  • Block: 115
  • Municipality: LUNENBURG
  • Latitude: 42.6175
  • Longitude: -71.7005

    Address

  • Full Address: 4 Cove Rd
  • Address - House Number: 4
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1141
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,107,600

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 771,100
  • High Value: 923,364
  • Low Value: 618,837

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $757,600
  • Assessed Land Value: $467,900
  • Assessed Improvements Value: $289,700

    Sales

  • Current Sale Recording Date: Sep 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Nov 06, 2003
  • Previous Sale Amount: $305,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 71257166

Frequently Asked Questions

When was property at 4 Cove Road built and last sold?
The property at 4 Cove Road was built in 1985 and last sold on Jan 1, 1970 for $175,100.
How much is this home worth?
The estimated value of the home located at 4 Cove Road is $185,453.
What are some comparable homes to 4 Cove Road?
There are currently no comparable homes to 4 Cove Road.
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