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South Lancaster 01523
45 Old Hickory Road
Photo of 45 Old Hickory Road
Sold on Mar 28, 2007

1

Map

$313,000
● House - Off Market

45 Old Hickory Road

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,356 Ft²
$537,314
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Immaculate, well maintained 3 bedroom, 2 bath ranch in pretty cul-de-sac neighborhood. Newer roof,windows,heating system and central air.  Hardwood floors under carpet on  the first floor with the exception of the living room. Built-in hutch in dining room. Square footage does not include an additional 600 sq.ft. family room with fireplace in the  basement. Beautiful lot with mature plantings and a brick patio.
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$232
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1957

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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 #70522627)

Price History

Date / Event Date Event Price
Mar 28, 2007 Sold
Premium
Sold
Feb 7, 2007 Listed $315,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,328
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:041.0 B:0000 L:0058.0
  • Lot: 58.0
  • Municipality: LANCASTER
  • Latitude: 42.4328
  • Longitude: -71.7055

    Address

  • Full Address: 45 Old Hickory Rd
  • Address - House Number: 45
  • Address - Street Name: Old Hickory
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1809
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594,300

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 448,990
  • High Value: 529,929
  • Low Value: 368,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,700
  • Assessed Land Value: $92,600
  • Assessed Improvements Value: $253,100

    Sales

  • Current Sale Recording Date: Mar 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00040163
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 South Lancaster

Stats & Trends

Median Asking:

$477,450

Sale Price/ft²

$303

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1681 ft²

Average Home Age

92.8 years

Currently For Sale

4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70522627

Frequently Asked Questions

When was property at 45 Old Hickory Road built and last sold?
The property at 45 Old Hickory Road was built in 1957 and last sold on Jan 1, 1970 for $313,000.
How much is this home worth?
The estimated value of the home located at 45 Old Hickory Road is $322,815.
What are some comparable homes to 45 Old Hickory Road?
There are currently no comparable homes to 45 Old Hickory Road.
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