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Worcester 01523
5 Shasta Dr
$295,000
● House - Off Market

5 Shasta Dr

Lancaster, MA 01523
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,184 Ft²
$342,297
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Just over the Bolton line, this classic Ranch on nearly a half-acre lot features one floor living with a spacious kitchen big enough for an informal dining room, a formal dining room or office, fireplaced living room, 2 bedrooms with double closets, a full bath and a cozy 3-season sunroom with sliders that lead on to a paver patio. Keep one car out of the elements in the attached 1-car garage that provides access to a full, unfinished basement with generous ceilings. If you have a green thumb, the yard has a ton of potential. Follow latest COVID-19 guidance - masks and gloves required. Controlled OH by appointment only Sat., 6/20 and Sun., 6/21 11 am - 2 pm.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$211
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1967

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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 #72675766)

Price History

Date / Event Date Event Price
Aug 19, 2020 Sold
Premium
Sold
Jun 17, 2020 Listed by Leading Edge Real Estate $249,900
Listed by Leading Edge Real Estate
Feb 25, 2015 Sold
Premium
Sold
Sep 11, 2014 Listed by Leading Edge Real Estate $219,900
Listed by Leading Edge Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,028
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • 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:0112.0
  • Lot: 112.0
  • Municipality: LANCASTER
  • Latitude: 42.4664
  • Longitude: -71.6669

    Address

  • Full Address: 5 Shasta Dr
  • Address - House Number: 5
  • Address - Street Name: Shasta
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 2546
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $569,500

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 425,285
  • High Value: 499,621
  • Low Value: 350,949

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,300
  • Assessed Land Value: $91,800
  • Assessed Improvements Value: $239,500

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93131
  • Previous Sale Recording Date: Feb 25, 2015
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: O
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

2401 ft²

Average Home Age

63.3 years

Currently For Sale

1983 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 months ago
Data Source: MLS PIN, MLS# 72675766

Frequently Asked Questions

When was property at 5 Shasta Drive built and last sold?
The property at 5 Shasta Drive was built in 1967 and last sold on Aug 12, 2020 for $295,000.
How much is this home worth?
The estimated value of the home located at 5 Shasta Drive is $258,200.
What are some comparable homes to 5 Shasta Drive?
There are currently no comparable homes to 5 Shasta Drive.
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