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Worcester
49 Turner Lane
$535,000
● House - Off Market

49 Turner Lane

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,208 Ft²
$931,441
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Watch the dawn come up from this original Turners' 1910 summer cottage. Panoramic views of Bare Hill pond from the over-sized screened-in porch. 100 ft.of water frontage,with step-down access for swimming. Three bedrooms and a bath up,and a great room with a center fireplace (made of hand-selected ocean stones), a dining area, an updated kitchen, and a full bath on the first floor. The barn/garage has water views. Seller is providing an approved septic design; buyer to install it.
Unit Size
1,208 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$447
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1910

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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: 4 years ago (MLSPIN #70185492)

Price History

Date / Event Date Event Price
Aug 27, 2015 Sold
Premium
Sold
Jun 29, 2015 Listed by RE/MAX Traditions, Inc. $649,000
Listed by RE/MAX Traditions, Inc.
Nov 22, 2005 Sold
Premium
Sold
May 4, 2005 Listed by RE/MAX Traditions, Inc. $540,000
Listed by RE/MAX Traditions, Inc.

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 12,197
  • Total Building Area: 1,317
  • Gross Building Area: 2,174
  • Building Area: 1,317
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,317
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761401

Geography

  • Account Number: 1250210003900000
  • District: 125
  • Parcel: HARV M:21 B:39
  • Block: 39
  • Municipality: HARVARD
  • Latitude: 42.4939
  • Longitude: -71.6002

    Address

  • Full Address: 49 Turners Ln
  • Address - House Number: 49
  • Address - Street Name: Turners
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Harvard
  • Carrier Code: R003
  • 4-Digit Zip Code: 1512
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $884,200

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 850,907
  • High Value: 983,760
  • Low Value: 718,053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $593,400
  • Assessed Land Value: $426,400
  • Assessed Improvements Value: $167,000

    Sales

  • Current Sale Recording Date: Aug 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88083
  • Previous Sale Recording Date: Nov 22, 2005
  • Previous Sale Amount: $535,000
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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 years ago
Data Source: MLS PIN, MLS# 70185492

Frequently Asked Questions

When was property at 49 Turner Lane built and last sold?
The property at 49 Turner Lane was built in 1910 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 49 Turner Lane is $0.
What are some comparable homes to 49 Turner Lane?
There are currently no comparable homes to 49 Turner Lane.
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