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Worcester
5 Lakeview Drive
$139,000
● House - Off Market

5 Lakeview Drive

Grafton, MA 01524
bedrooms
3 Beds
bathrooms
2 Baths
$473,708
RealtyHop Estimate
238.60%
Since Sep 1, 1998
National-US
Primary Model

About This Property

CHECK OUT THIS SPARKLING RANCH W/ TOWN WATER&SEWER IN ATTRAC NEIGHBORHOOD -MANY UPDATES INCLUDING 2 YEAR DECK, VINYL TILT WINDOWS,REFIN CABINETS,CENTRAL VAC,AG POOL, SALE SUBJECT TO PURCHASE OF NEW HOME BY OWNERS
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #30222237)

Price History

Date / Event Date Event Price
Aug 10, 1998 Sold
Premium
Sold
May 14, 1998 Listed by Dora Naves & Associates $139,900
Listed by Dora Naves & Associates

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 532
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 532
  • Gross Building Area: 1,284
  • Building Area: 532
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 532
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leicester School District
  • School Tax School District: LEICESTER SD
  • Census Tract: 735100

Zoning

  • Zoning: SA

Geography

  • Parcel: LEIC M:28B B:0000A27 L:0
  • Block: A27
  • Municipality: LEICESTER
  • Latitude: 42.2256
  • Longitude: -71.9363

    Address

  • Full Address: 5 Lakeview Dr
  • Address - House Number: 5
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 2140
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 395,355
  • High Value: 449,524
  • Low Value: 341,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,300
  • Assessed Land Value: $166,800
  • Assessed Improvements Value: $135,500
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:

$499,999

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2383 ft²

Average Home Age

65 years

Currently For Sale

2087 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# 30222237

Frequently Asked Questions

When was property at 5 Lakeview Drive built and last sold?
The property at 5 Lakeview Drive was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Lakeview Drive is $0.
What are some comparable homes to 5 Lakeview Drive?
There are currently no comparable homes to 5 Lakeview Drive.
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