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Worcester 01462
55 Maple Pkwy
$415,000
● House - Off Market

55 Maple Pkwy

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,557 Ft²
$411,462
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Home for the holidays.  This newly renovated 3-bedroom Cape offers many updates from a new roof to vinyl siding and replacement windows, a beautifully refinished hardwood floor, and a new title V-approved septic system.  This 7 rooms home offers a first-floor family room with sliders to an 8x12 deck, an eat-in kitchen with granite countertops and new stainless steel appliances, a sunny living a first-floor bedroom, and 2 additional bedrooms on the 2nd floor. Full walkout basement with updated electrical service and attached 1 car garage all on over 1/2 acre lot on a small dead-end street close to shopping and major routes.  Easy to show quick closing possible.OPEN HOUSE - SATURDAY - 10/29/22 FROM 11 TO 1. All offers due by 1pm on Tuesday 11/01/22
Unit Size
1,557 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$250
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1950

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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 #73049897)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Oct 24, 2022 Listed by Real Estate Exchange $389,900
Listed by Real Estate Exchange
May 6, 2022 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 780
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,557
  • Gross Building Area: 3,285
  • Building Area: 1,557
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,557
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000590
  • 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: 712101

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620570001600000
  • Parcel: LUNE M:057.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: LUNENBURG
  • Latitude: 42.5968
  • Longitude: -71.7624

    Address

  • Full Address: 55 Maple Pkwy
  • Address - House Number: 55
  • Address - Street Name: Maple
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C001
  • 4-Digit Zip Code: 1210
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,600

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 430,147
  • High Value: 508,103
  • Low Value: 352,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,600
  • Assessed Land Value: $110,700
  • Assessed Improvements Value: $224,900

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21240
  • Previous Sale Recording Date: May 06, 2022
  • Previous Sale Contract Date: May 06, 2022
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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: 4 months ago
Data Source: MLS PIN, MLS# 73049897

Frequently Asked Questions

When was property at 55 Maple Parkway built and last sold?
The property at 55 Maple Parkway was built in 1950 and last sold on Nov 30, 2022 for $415,000.
How much is this home worth?
The estimated value of the home located at 55 Maple Parkway is $399,778.
What are some comparable homes to 55 Maple Parkway?
There are currently no comparable homes to 55 Maple Parkway.
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