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Worcester 01523
496 Harvard Road
$175,000
● House - Off Market

496 Harvard Road

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$445,872
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

GREAT STARTER HOME. This 5 room, 3 bedroom Ranch with an attached garage is location on a 3/4+or- acre lot in a neighborhood setting.  Most of the windows have been recently replaced with insulated unit along with the roof. Living room, dining room, and bedrooms all have hardwood floors. The house has town water and the septic system has been Tilte 5 certified. Back yard is private. Located mintues from Rte. 2, I190, shopping and restuarants. Price reduced. Call listing office for more details.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$186
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1965

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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: 6 months ago (MLSPIN #71152029)

Price History

Date / Event Date Event Price
Feb 21, 2012 Sold
Premium
Sold
Oct 18, 2010 Listed by The Gosselin Group, Inc. $195,000
Listed by The Gosselin Group, Inc.
Feb 23, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,050
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWARD KANIS
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:030.0 B:0000 L:0108.0
  • Lot: 108.0
  • Municipality: LANCASTER
  • Latitude: 42.4668
  • Longitude: -71.6654

    Address

  • Full Address: 496 Harvard Rd
  • Address - House Number: 496
  • Address - Street Name: Harvard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 2510
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 402,956
  • High Value: 478,895
  • Low Value: 327,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,500
  • Assessed Land Value: $89,200
  • Assessed Improvements Value: $207,300

    Sales

  • Current Sale Recording Date: Feb 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Feb 23, 1987
  • Previous Sale Amount: $133,000
  • 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:

$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: 6 months ago
Data Source: MLS PIN, MLS# 71152029

Frequently Asked Questions

When was property at 496 Harvard Road built and last sold?
The property at 496 Harvard Road was built in 1965 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 496 Harvard Road is $202,362.
What are some comparable homes to 496 Harvard Road?
There are currently no comparable homes to 496 Harvard Road.
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