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Worcester
54 Park Lane
Photo of 54 Park Lane
Sold on May 28, 2004

1

Map

$490,000
● House - Off Market

54 Park Lane

Harvard, MA 01451
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$1,009,285
RealtyHop Estimate
106.40%
Since Jun 1, 2004
National-US
Primary Model

About This Property

Sunny Contemporary Cape on private hillside in lovely cul-de-sac neighborhood. Flexible floor plan has 3 bedrooms,2 baths,family room with fireplace,living room with built-ins and finished lower level rec room. Front & rear decks. New windows,new exterior paint.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$272
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973

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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: 5 months ago (MLSPIN #70000792)

Price History

Date / Event Date Event Price
May 26, 2004 Sold
Premium
Sold
Mar 2, 2004 Listed $489,000
Listed
Jun 29, 2001 Sold
Premium
Sold
May 2, 2001 Listed $446,000
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 66,211
  • Total Building Area: 1,842
  • Gross Building Area: 4,282
  • Building Area: 1,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,842
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001520
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761401

Geography

  • Account Number: 1250130004500000
  • District: 125
  • Parcel: HARV M:13 B:45
  • Block: 45
  • Municipality: HARVARD
  • Latitude: 42.5155
  • Longitude: -71.5517

    Address

  • Full Address: 54 Park Ln
  • Address - House Number: 54
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Harvard
  • Carrier Code: R001
  • 4-Digit Zip Code: 1436
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,019,200

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 829,419
  • High Value: 958,918
  • Low Value: 699,920

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $684,000
  • Assessed Land Value: $309,700
  • Assessed Improvements Value: $374,300

    Sales

  • Current Sale Recording Date: May 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 92985
  • Previous Sale Recording Date: Jun 29, 2001
  • Previous Sale Amount: $450,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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: 5 months ago
Data Source: MLS PIN, MLS# 70000792

Frequently Asked Questions

When was property at 54 Park Lane built and last sold?
The property at 54 Park Lane was built in 1973 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 54 Park Lane is $494,397.
What are some comparable homes to 54 Park Lane?
There are currently no comparable homes to 54 Park Lane.
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