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Worcester
47 Lancaster Rd
$240,000
● House - Off Market

47 Lancaster Rd

Bolton, MA 01740
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,125 Ft²
$364,701
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

++Best Buy in Bolton++ Charming "A" Frame cottage in a private setting is on the market for the first time. Cozy living room with eat-in area leads into a galley style kitchen. There is a first floor bedroom and full bath. The second floor has a bedroom, study/studio and a partially finished bathroom. There are front and back decks to sit and enjoy a cup of tea or coffee. Bring your imagination, roll up your sleeves and make this your own ++Best Buy in Bolton++  Seller will be financially responsible for connecting to the town sewer. ESTATE SALE
Unit Size
1,125 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$221
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1960

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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 #72556580)

Price History

Date / Event Date Event Price
Oct 25, 2019 Sold
Premium
Sold
Aug 30, 2019 Listed by Coldwell Banker Residential Brokerage - Bolton $249,000
Listed by Coldwell Banker Residential Brokerage - Bolton

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 938
  • Building Area: 938
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 938
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • School Tax School District: NASHOBA SD
  • Census Tract: 715100

Zoning

  • Zoning: R1

Geography

  • Parcel: BOLT M:003A B:0000 L:0009
  • Lot: 9
  • Municipality: BOLTON
  • Latitude: 42.422
  • Longitude: -71.6592

    Address

  • Full Address: 47 Lancaster Rd
  • Address - House Number: 47
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bolton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1249
  • Zip Code: 01740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,000

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 376,810
  • High Value: 449,817
  • Low Value: 303,802

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $299,500
  • Assessed Land Value: $157,400
  • Assessed Improvements Value: $142,100

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Oct 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113479
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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: 4 months ago
Data Source: MLS PIN, MLS# 72556580

Frequently Asked Questions

When was property at 47 Lancaster Road built and last sold?
The property at 47 Lancaster Road was built in 1960 and last sold on Oct 24, 2019 for $240,000.
How much is this home worth?
The estimated value of the home located at 47 Lancaster Road is $255,708.
What are some comparable homes to 47 Lancaster Road?
There are currently no comparable homes to 47 Lancaster Road.
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