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Worcester 01462
527 Lancaster Ave
Photo of 527 Lancaster Ave
Sold on Apr 28, 2008

1

Map

$387,000
● House - Off Market

527 Lancaster Ave

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,029 Ft²
$1,095,585
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

WOW! What a beautiful House!!Custom built colonial with all the upgrades. Hardwood floors,Dream kithen with Viking Stove, stainless appl.Dining room with fireplace and built-ins.Fabulous great room with pocket french doors, cathedral ceiling and spiral staircase to master suite.Three car garage, some radiant heat, central vac, securtiy system, circular drive, and much more. Custom copper gutters, seams & vent, new shaker roof. Beautiful setting on three acres. Seller has relocated make an offer
Unit Size
4,029 Ft²
Days on Market
-
Land Size
3.10 acres
Price per sqft
$146
Property Type
House
Property Taxes
$628
HOA Dues
-
Year Built
1989

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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 #70648449)

Price History

Date / Event Date Event Price
Apr 28, 2008 Sold
Premium
Sold
Sep 14, 2007 Listed $589,000
Listed
Feb 2, 2007 Sold
Premium
Sold
Nov 30, 2006 Listed $549,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,478
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,016
  • Total Building Area: 3,940
  • Gross Building Area: 8,310
  • Building Area: 3,940
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,940
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUNENBURG
  • Land Acres: 0000003100
  • 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: RB

Geography

  • Account Number: 1621010000300000
  • Parcel: LUNE M:101.0 B:0003 L:0000.0
  • Block: 3
  • Municipality: LUNENBURG
  • Latitude: 42.5773
  • Longitude: -71.7125

    Address

  • Full Address: 527 Lancaster Ave
  • Address - House Number: 527
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 1514
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,082,800

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 886,586
  • High Value: 1,034,651
  • Low Value: 738,521

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $740,600
  • Assessed Land Value: $142,300
  • Assessed Improvements Value: $598,300

    Sales

  • Current Sale Recording Date: Apr 28, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6969
  • Previous Sale Recording Date: Feb 02, 2007
  • Previous Sale Amount: $540,000
  • 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

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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# 70648449

Frequently Asked Questions

When was property at 527 Lancaster Avenue built and last sold?
The property at 527 Lancaster Avenue was built in 1989 and last sold on Jan 1, 1970 for $387,000.
How much is this home worth?
The estimated value of the home located at 527 Lancaster Avenue is $604,445.
What are some comparable homes to 527 Lancaster Avenue?
There are currently no comparable homes to 527 Lancaster Avenue.
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