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Worcester 01430
55 W. Shore Drive
$59,000
● Land - Off Market

55 W. Shore Drive

Ashburnham, MA 01430
bedrooms
Studio
bathrooms
0 Bath
$1,123
Est. Monthly
$790
HOA / Fees

About This Property

Enjoy ample views from this elevated lot! Welcome to Sunset Lake! Own a piece of these 300 acres, a 6-mile perimeter of nature. Share the road with highly sought Ashburham. Enjoy swimming, fishing, boating,Ripple beach and Lollipop beach with the family and friends. Have your private parties at the association clubhouse. Association dues is $790/year for land, or $1580 a year once the water is connected to your land to build a house. Association fee includes domestic water bill. Experience your own view of the lake and beautiful sunsets from these .34 acres lot. The property has been surveyed; markers can be seen clearly. This lot is right on the line of Ashburnham & Winchendon with Winchendon taxes and Ashburnham address. Perc tested. Buyer do own due diligence.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$43
HOA Dues
$790
Year Built
1998

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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: 5 months ago (MLSPIN #73191531)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Premium
Sold
Mar 22, 2024 In contract -
In contract
Mar 9, 2024 Relisted $35,000
Relisted
Feb 16, 2024 In contract -
In contract
Jan 8, 2024 Listed by JCalderon Realty $59,000
Listed by JCalderon Realty
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,454
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 0
  • Gross Building Area: 3,440
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000340
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Winchendon School District
  • School Tax School District: WINCHENDON SD
  • Census Tract: 701101

Zoning

  • Zoning: R1

Geography

  • District: 343
  • Parcel: WINC M:6 B:0 L:23
  • Lot: 23
  • Municipality: WINCHENDON
  • Latitude: 42.6854
  • Longitude: -71.9836

    Address

  • Full Address: 55 W Shore Dr
  • Address - House Number: 55
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Winchendon
  • Zip Code: 01475

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $50,400
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $40,200
  • Assessed Land Value: $40,200

    Sales

  • Current Sale Contract Date: Mar 27, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22256
  • Previous Sale Recording Date: Aug 23, 2022
  • Previous Sale Contract Date: Aug 13, 2022
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: O
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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 73191531

Frequently Asked Questions

When was property at 55 West Shore Drive built and last sold?
The property at 55 West Shore Drive was built in 1998 and last sold on Mar 27, 2024 for $59,000.
How much is this home worth?
The estimated value of the home located at 55 West Shore Drive is $59,590.
What are some comparable homes to 55 West Shore Drive?
There are currently no comparable homes to 55 West Shore Drive.
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