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Worcester 01523
491 S Meadow Rd
Photo of 491 S Meadow Rd
Sold on Jul 20, 2011

1

Map

$335,000
● House - Off Market

491 S Meadow Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,376 Ft²
$766,651
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

Classic country Cape Cod design with huge front farmers porch sited on manicured 3/4 acre lot offers antique reproduction finish work throughout including wide pine floors, country cupboards, classic lighting & solid pine doors. Large, eat-in country kitchen w/ corian tops, tiled mudroom, formal diningroom,formal living room with brick fireplace & First floor master suite w/ cedar lined walk in closet & full bath. Second floors offers 3 bedrooms & full bath. Huge back "Trex"deck  with pool.
Unit Size
2,376 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$147
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1970

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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 months ago (MLSPIN #71230370)

Price History

Date / Event Date Event Price
Jul 20, 2011 Sold
Premium
Sold
May 11, 2011 Listed by Coldwell Banker Residential Brokerage - Bolton $349,900
Listed by Coldwell Banker Residential Brokerage - Bolton

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1987
  • 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: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,280
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,333
  • Total Building Area: 2,376
  • Gross Building Area: 2,700
  • Building Area: 2,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000880
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:044.0 B:0000 L:0042.0
  • Lot: 42.0
  • Municipality: LANCASTER
  • Latitude: 42.4211
  • Longitude: -71.7112

    Address

  • Full Address: 491 S Meadow Rd
  • Address - House Number: 491
  • Street Direction: S
  • Address - Street Name: Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1724
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $994,100

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 647,066
  • High Value: 758,187
  • Low Value: 535,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578,300
  • Assessed Land Value: $99,200
  • Assessed Improvements Value: $479,100

    Sales

  • Current Sale Recording Date: Jul 20, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000007
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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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# 71230370

Frequently Asked Questions

When was property at 491 South Meadow Road built and last sold?
The property at 491 South Meadow Road was built in 1970 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 491 South Meadow Road is $369,260.
What are some comparable homes to 491 South Meadow Road?
There are currently no comparable homes to 491 South Meadow Road.
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