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Worcester 01462
43 Hemlock Ter
$291,000
● House - Off Market

43 Hemlock Ter

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,407 Ft²
$554,330
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

FABULOUS 4BR WATERFRONT ON BEAUTIFUL TRANQUIL HICKORY HILLS LAKE! 190 FT OF PRIVATE WATER FRONTAGE!  ENJOY BEAUTIFUL MESMERIZING  SCENIC VIEWS THRU WALLS OF GLASS. NICELY TUCKED AWAY ON SCENIC PENINSULA! ONE OF THE BEST LOCATIONS ON THIS LAKE WILL BRING YOU YEARS OF ENJOYMENT!  MAKES THE PERFECT YR ROUND HOME OR GREAT SUMMER RETREAT FOR FAMILY FUN!. INCLUDES CARPORT, LARGE STORAGE SHED, DOCK. QUICK CLOSE POSSIBLE! DON'T MISS THIS GEM! WON'T LAST! 1ST TIME OFFERED IN 50 YRS
Unit Size
1,407 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$202
Property Type
House
Property Taxes
$327
HOA Dues
$330
Year Built
1948

Payment Calculator

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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 #71556984)

Price History

Date / Event Date Event Price
Aug 8, 2013 Sold
Premium
Sold
Jul 18, 2013 Listed by Russo Pollastri REALTORS® $284,900
Listed by Russo Pollastri REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 16
  • 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: 39,988
  • Total Building Area: 1,311
  • Gross Building Area: 1,711
  • Building Area: 1,311
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,311
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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: 1620410001600000
  • Parcel: LUNE M:041.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: LUNENBURG
  • Latitude: 42.6098
  • Longitude: -71.7112

    Address

  • Full Address: 43 Hemlock Ter
  • Address - House Number: 43
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lunenburg
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,164,600

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 700,780
  • High Value: 829,975
  • Low Value: 571,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $796,600
  • Assessed Land Value: $600,000
  • Assessed Improvements Value: $196,600

    Sales

  • Current Sale Recording Date: Aug 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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# 71556984

Frequently Asked Questions

When was property at 43 Hemlock Terrace built and last sold?
The property at 43 Hemlock Terrace was built in 1948 and last sold on Jan 1, 1970 for $291,000.
How much is this home worth?
The estimated value of the home located at 43 Hemlock Terrace is $292,478.
What are some comparable homes to 43 Hemlock Terrace?
There are currently no comparable homes to 43 Hemlock Terrace.
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