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Worcester
40 Lovers Lane
$548,000
● House - Off Market

40 Lovers Lane

Harvard, MA 01451
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,012 Ft²
$924,101
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Fall in love at first sight with this romantic Antique nestled behind stone walls and banks of daffodils on Lovers Lane. Enchanting landscaped acre lot with a detached workshop and garden shed in addition to a one bedroom cottage separate from the main house. House has first floor master suite with sitting room/office, walk in closet and bathroom. A formal dining room and large fireplaced living room lead into a light, bright four season sun porch. The second floor has three bedrooms and two full baths. A large screen porch overlooks the lovely gardens and fruit trees and completes this beautiful picture. Charm and ambiance abound. Short distance to town center, schools, library and pond. Welcome to desirable Harvard!
Unit Size
3,012 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$182
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
-

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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: 4 months ago (MLSPIN #72009301)

Price History

Date / Event Date Event Price
Oct 11, 2016 Sold
Premium
Sold
May 19, 2016 Listed by Coldwell Banker Residential Brokerage - Bolton $548,000
Listed by Coldwell Banker Residential Brokerage - Bolton

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 47,916
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761401

Geography

  • Account Number: 125017C002600000
  • District: 125
  • Parcel: HARV M:17-C B:26
  • Block: 26
  • Municipality: HARVARD
  • Latitude: 42.5027
  • Longitude: -71.5915

    Address

  • Full Address: 40 Lovers Ln
  • Address - House Number: 40
  • Address - Street Name: Lovers
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Harvard
  • Carrier Code: R002
  • 4-Digit Zip Code: 1341
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,221,900

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 911,584
  • High Value: 1,053,911
  • Low Value: 769,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $820,100
  • Assessed Land Value: $248,400
  • Assessed Improvements Value: $571,700

    Sales

  • Current Sale Recording Date: Oct 11, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115701
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 72009301

Frequently Asked Questions

When was property at 40 Lovers Lane built and last sold?
The property at 40 Lovers Lane was built in and last sold on Jan 1, 1970 for $548,000.
How much is this home worth?
The estimated value of the home located at 40 Lovers Lane is $567,448.
What are some comparable homes to 40 Lovers Lane?
There are currently no comparable homes to 40 Lovers Lane.
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