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Worcester 01462
40 Pierce
Photo of 40 Pierce
Sold on Aug 3, 2026

31

Map

Photo of 40 Pierce
Photo of 40 Pierce
$330,000
● House - Off Market

40 Pierce

Lunenburg, MA 01462
bedrooms
2 Beds
bathrooms
1 Bath
square feet
878 Ft²
$1,988
Est. Monthly

About This Property

Say goodbye to noisy neighbors and monthly condo fees with this "cute as a button" home in Lunenburg. Perfectly situated near Lake Whalom, this turn-key home features a brand-new roof, new siding, an energy-efficient mini-split, ensuring your budget stays focused on your lifestyle rather than repairs.The refreshed interior shines with granite countertops, sleek new flooring, and stainless appliances. Outside, you're just steps from lakeside strolls and the recreation at Wallis Park, which offers fenced basketball courts and a playground. Just move in, hang your pictures, and finally enjoy a place to call your own in a fantastic location.
Unit Size
878 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$384
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1920

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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: 3 months ago (MLSPIN #73496923)

Price History

Date / Event Date Event Price
Aug 3, 2026 Sold
Premium
Sold
Jun 2, 2026 In contract -
In contract
May 15, 2026 Price Decreased $337,500
↓ $3K (0.7%)
Price Decreased
Apr 7, 2026 Listed by eXp Realty LLC $340,000
Listed by eXp Realty LLC
Nov 18, 2022 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 3,485
  • Total Building Area: 878
  • Gross Building Area: 908
  • Building Area: 878
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 878
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • 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: 1621130005100000
  • Parcel: LUNE M:113.0 B:0051 L:0000.0
  • Block: 51
  • Municipality: LUNENBURG
  • Latitude: 42.5729
  • Longitude: -71.7498

    Address

  • Full Address: 40 Pierce Ave
  • Address - House Number: 40
  • Address - Street Name: Pierce
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C004
  • 4-Digit Zip Code: 2531
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $221,300

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 231,146
  • High Value: 276,805
  • Low Value: 185,487

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,400
  • Assessed Land Value: $65,500
  • Assessed Improvements Value: $85,900

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20669
  • Previous Sale Recording Date: Jul 27, 2022
  • Previous Sale Contract Date: Jul 27, 2022
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2400 ft²

Average Home Age

64.6 years

Currently For Sale

2117 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: 3 months ago
Data Source: MLS PIN, MLS# 73496923

Frequently Asked Questions

When was property at 40 Pierce Avenue built and last sold?
The property at 40 Pierce Avenue was built in 1920 and last sold on Nov 18, 2022 for $277,000.
How much is this home worth?
The estimated value of the home located at 40 Pierce Avenue is $325,959.
What are some comparable homes to 40 Pierce Avenue?
There are currently no comparable homes to 40 Pierce Avenue.
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