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Worcester 01462
43 Arbor Street
$265,000
● House - Off Market

43 Arbor Street

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,334 Ft²
$446,593
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Exceptionally well cared for 3 Bedroom Cape home offers natural light throughout and lots of gleaming hardwood floors! Well located in desirable location near schools and the Hub of town. First floor master bedroom, den/office and formal dining room. Large family room with fireplace. Kitchen has ample cabinetry with sliders to deck for your outdoor living enjoyment. Second level offers two bedrooms and bath. Many updates, vinyl siding, updated windows, newer roof - a must see to appreciate the value!  Walkout basement offers good ceiling height, laundry area w/sink and working wood stove. Brand New Septic installation complete (Certificate of Compliance in hand). (addition-family room was done 1965, new roof 2001.)
Unit Size
1,334 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$198
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1945

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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: 5 months ago (MLSPIN #72004433)

Price History

Date / Event Date Event Price
Jul 8, 2016 Sold
Premium
Sold
May 12, 2016 Listed by Keller Williams Realty-Merrimack $264,000
Listed by Keller Williams Realty-Merrimack

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 1,334
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,888
  • Gross Building Area: 4,257
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 1620620003300000
  • Parcel: LUNE M:062.0 B:0033 L:0000.0
  • Block: 33
  • Municipality: LUNENBURG
  • Latitude: 42.5969
  • Longitude: -71.6999

    Address

  • Full Address: 43 Arbor St
  • Address - House Number: 43
  • Address - Street Name: Arbor
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1409
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 522,218
  • High Value: 621,543
  • Low Value: 422,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,600
  • Assessed Land Value: $104,600
  • Assessed Improvements Value: $282,000

    Sales

  • Current Sale Recording Date: Jul 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11329
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72004433

Frequently Asked Questions

When was property at 43 Arbor Street built and last sold?
The property at 43 Arbor Street was built in 1945 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 43 Arbor Street is $272,890.
What are some comparable homes to 43 Arbor Street?
There are currently no comparable homes to 43 Arbor Street.
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