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Worcester 01462
511 Flat Hill Rd
Photo of 511 Flat Hill Rd
Sold on Aug 26, 2011

1

Map

$227,000
● House - Off Market

511 Flat Hill Rd

Lunenburg, MA 01462
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$509,546
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Bank owned property! Lovely Ranch located on a wide open gently sloping lot. The interior has been freshly painted and there is new carpet in the Livingroom and the two Bedrooms. The basement is a little over 64 feet long, a bowling alley is 60 feet. The home is open and bright.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
2.15 acres
Price per sqft
$128
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
2004

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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: 28 days ago (MLSPIN #71262286)

Price History

Date / Event Date Event Price
Aug 26, 2020 Sold
Premium
Sold
Jun 28, 2020 Listed by ERA Home & Family Real Estate $365,000
Listed by ERA Home & Family Real Estate
Aug 26, 2011 Sold
Premium
Sold
Jul 15, 2011 Listed by ERA Home & Family Real Estate $229,900
Listed by ERA Home & Family Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 1,792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 93,504
  • Total Building Area: 1,792
  • Gross Building Area: 3,764
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J&A REALTY TRUST
  • Land Acres: 0000002147
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lunenburg School District
  • School Tax School District: LUNENBURG SD
  • Census Tract: 712102

Zoning

  • Zoning: O

Geography

  • Account Number: 1621040000900000
  • Parcel: LUNE M:104.0 B:0009 L:0000.0
  • Block: 9
  • Municipality: LUNENBURG
  • Latitude: 42.5753
  • Longitude: -71.6801

    Address

  • Full Address: 511 Flat Hill Rd
  • Address - House Number: 511
  • Address - Street Name: Flat Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 2115
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $608,200

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 515,281
  • High Value: 613,287
  • Low Value: 417,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,000
  • Assessed Land Value: $135,100
  • Assessed Improvements Value: $280,900

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14430
  • Previous Sale Recording Date: Dec 14, 2012
  • 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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

Click here to view more rentals in the neighborhood.
Last Updated: 28 days ago
Data Source: MLS PIN, MLS# 71262286

Frequently Asked Questions

When was property at 511 Flat Hill Road built and last sold?
The property at 511 Flat Hill Road was built in 2004 and last sold on Aug 24, 2020 for $355,000.
How much is this home worth?
The estimated value of the home located at 511 Flat Hill Road is $376,444.
What are some comparable homes to 511 Flat Hill Road?
There are currently no comparable homes to 511 Flat Hill Road.
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