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Worcester 01510
48 Lancaster Rd
$310,000
● House - Off Market

48 Lancaster Rd

Clinton, MA 01510
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,088 Ft²
$607,116
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

Impeccably maintained Colonial offering convenient commuter location! A short walk to the Bolton line, and  minutes to Route 495!  A half acre of sprawling lawns surround this delightful Colonial boasting a bright, open and airy floor plan. A two story foyer with turned staircase features hardwood flooring and opens to living and dining rooms each with tastefully painted walls. A spacious kitchen overlooks a  large level yard and opens to huge family room with fireplace and cathedral ceilings. Upstairs are three spacious bedrooms including a master suite with soaring ceilings, large bath and walk-in closet.  Enjoy central air conditioning!  You will be proud to call this one home!
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$151
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1998

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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 #71623689)

Price History

Date / Event Date Event Price
Feb 28, 2014 Sold
Premium
Sold
Jan 16, 2014 Listed by RE/MAX Traditions, Inc. $315,000
Listed by RE/MAX Traditions, Inc.
Jun 25, 2004 Sold
Premium
Sold
Apr 28, 2004 Listed by RE/MAX Traditions, Inc. $382,000
Listed by RE/MAX Traditions, Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 22,792
  • Total Building Area: 2,088
  • Gross Building Area: 3,660
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000523
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Clinton School District
  • School Tax School District: CLINTON SD
  • Census Tract: 716101

Geography

  • Parcel: CLIN M:0125 B:4070 L:0000
  • Block: 4070
  • Municipality: CLINTON
  • Latitude: 42.4246
  • Longitude: -71.6589

    Address

  • Full Address: 48 Lancaster Rd
  • Address - House Number: 48
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Clinton
  • Carrier Code: C014
  • 4-Digit Zip Code: 1406
  • Zip Code: 01510

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $708,000

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 608,233
  • High Value: 719,014
  • Low Value: 497,453

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,800
  • Assessed Land Value: $145,900
  • Assessed Improvements Value: $392,900

    Sales

  • Current Sale Recording Date: Feb 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17080
  • Previous Sale Recording Date: Jun 25, 2004
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 27
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# 71623689

Frequently Asked Questions

When was property at 48 Lancaster Road built and last sold?
The property at 48 Lancaster Road was built in 1998 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 48 Lancaster Road is $335,699.
What are some comparable homes to 48 Lancaster Road?
There are currently no comparable homes to 48 Lancaster Road.
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