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Leominster 01453
52 Lantern Lane
$235,000
● House - Off Market

52 Lantern Lane

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,625 Ft²
$568,058
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Light-splashed, open-concept contemporary home loaded with updates! New granite kitchen w/new oak keystone raised-panel cabinetry, all new Energy Star appliances, hardwood floors in living/dining rooms, vaulted ceilings, decorator colors, skylites, finished walkout lower level family rm w/new carpet & full bath. New high-efficiencyPurePro boiler & hot water tank. Lovely yard, new roof in 2006.  Everything's done! Great neighborhood w/convenient access to highways & shopping. 12 minutes to train.
Unit Size
1,625 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$154
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1986

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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 months ago (MLSPIN #71197885)

Price History

Date / Event Date Event Price
Oct 28, 2011 Sold
Premium
Sold
Mar 10, 2011 Listed by Coldwell Banker Residential Brokerage - Bolton $249,900
Listed by Coldwell Banker Residential Brokerage - Bolton
Nov 29, 2006 Sold
Premium
Sold
Sep 27, 2006 Listed by Coldwell Banker Residential Brokerage - Bolton $314,900
Listed by Coldwell Banker Residential Brokerage - Bolton
Jan 24, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,161
  • Gross Building Area: 2,777
  • Building Area: 1,161
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,161
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEOMINSTER
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leominster School District
  • School Tax School District: LEOMINSTER SD
  • Census Tract: 709201

Geography

  • Parcel: LEOM M:0549 B:0163 L:0000
  • Block: 163
  • Municipality: LEOMINSTER
  • Latitude: 42.4933
  • Longitude: -71.7518

    Address

  • Full Address: 52 Lantern Ln
  • Address - House Number: 52
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Leominster
  • Carrier Code: R005
  • 4-Digit Zip Code: 5952
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $626,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 538,440
  • High Value: 628,046
  • Low Value: 448,834

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,200
  • Assessed Land Value: $117,200
  • Assessed Improvements Value: $286,000

    Sales

  • Current Sale Recording Date: Oct 28, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Nov 29, 2006
  • Previous Sale Amount: $308,500
  • 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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2291 ft²

Average Home Age

77.2 years

Currently For Sale

100 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: 4 months ago
Data Source: MLS PIN, MLS# 71197885

Frequently Asked Questions

When was property at 52 Lantern Lane built and last sold?
The property at 52 Lantern Lane was built in 1986 and last sold on Jan 1, 1970 for $235,000.
How much is this home worth?
The estimated value of the home located at 52 Lantern Lane is $265,104.
What are some comparable homes to 52 Lantern Lane?
There are currently no comparable homes to 52 Lantern Lane.
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