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Worcester 01523
430 Brockelman
$379,000
● House - Off Market

430 Brockelman

Lancaster, MA 01523
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$2,260
Est. Monthly

About This Property

New Roof-Remodeled Kitchen-Newer Water Heater - Newer Oil Tank - Trex Composite Decking - The current home owner has left you nothing to do but add your own personal touch. Discover the perfect blend of rural tranquility and urban convenience in this Lancaster, MA gem! Nestled on almost half an acre, this property offers a serene, countryside feel. Only 30 minutes away from Worcester, you have access to all the amenities you need while relishing the peaceful ambiance of country living. Expansion possibility in basement. Less than 10 minutes from Lancaster Recreational Beach. Make this turnkey home your own today!
Unit Size
864 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$439
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1956

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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 #73169673)

Price History

Date / Event Date Event Price
Jan 26, 2024 Sold
Premium
Sold
Dec 27, 2023 In contract -
In contract
Oct 12, 2023 Listed by Here Realty LLC $379,000
Listed by Here Realty LLC
Sep 30, 2015 Sold
Premium
Sold
Jul 18, 2015 Listed by Here Realty LLC $214,900
Listed by Here Realty LLC
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:023.0 B:0000 L:0029.0
  • Lot: 29.0
  • Municipality: LANCASTER
  • Latitude: 42.476
  • Longitude: -71.7121

    Address

  • Full Address: 430 Brockelman Rd
  • Address - House Number: 430
  • Address - Street Name: Brockelman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2308
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $478,700

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 394,674
  • High Value: 428,603
  • Low Value: 360,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,500
  • Assessed Land Value: $90,900
  • Assessed Improvements Value: $187,600

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Jan 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6332
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Amount: $212,000
  • 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 73169673

Frequently Asked Questions

When was property at 430 Brockelman Road built and last sold?
The property at 430 Brockelman Road was built in 1956 and last sold on Jan 26, 2024 for $379,000.
How much is this home worth?
The estimated value of the home located at 430 Brockelman Road is $367,560.
What are some comparable homes to 430 Brockelman Road?
There are currently no comparable homes to 430 Brockelman Road.
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