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Waltham 02451 The Lanes
55 Worcester Lane
$680,000
● House - Off Market

55 Worcester Lane

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,145 Ft²
$1,166,014
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

RARE FIND! HIGHLY DESIRABLE PIETY CORNER LOCALE! IMMACULATE FULLY UPDATED COLONIAL HOME FEATURING new granite E-I-K w/island & stainless appliances, large masonry fireplaced living room, sunfilled dining room w/atrium door to deck, handy first floor office/playroom, beautiful original gum wood moldings, two new baths, new high end heating system, all new electrical, new roof, new windows, rear patio, two car garage, yard and more! Enjoy acres of walking trails at Prospect Park. Walk to public transportation and shops! Easy access to all major routes!
Unit Size
2,145 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$326
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1920

Payment Calculator

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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 #71952706)

Price History

Date / Event Date Event Price
Mar 31, 2021 Sold
Premium
Sold
Aug 22, 2016 Sold
Premium
Sold
Jan 27, 2016 Listed by Coldwell Banker Residential Brokerage - Waltham $699,900
Listed by Coldwell Banker Residential Brokerage - Waltham

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,053
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,960
  • Total Building Area: 2,086
  • Gross Building Area: 3,326
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368200

Zoning

  • Zoning: 1

Geography

  • Account Number: 129060
  • Parcel: WALT M:041 B:004 L:0021
  • Block: 4
  • Lot: 21
  • Municipality: WALTHAM
  • Latitude: 42.3898
  • Longitude: -71.242

    Address

  • Full Address: 55 Worcester Ln
  • Address - House Number: 55
  • Address - Street Name: Worcester
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Waltham
  • Carrier Code: C042
  • 4-Digit Zip Code: 7529
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $779,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 899,579
  • High Value: 1,056,201
  • Low Value: 742,956

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $808,200
  • Assessed Land Value: $393,500
  • Assessed Improvements Value: $414,700

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72599
  • Previous Sale Recording Date: Aug 22, 2016
  • Previous Sale Amount: $677,000
  • 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 The Lanes

Stats & Trends

Median Asking:

$903,500

Sale Price/ft²

$432

Below Asking

0.03%

Average Days on Market

43

Average Home Size

2617 ft²

Average Home Age

94.6 years

Currently For Sale

0 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

Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,531 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,275 ft²
237 Moody St. #2 Bedrooms BB, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71952706

Frequently Asked Questions

When was property at 55 Worcester Lane built and last sold?
The property at 55 Worcester Lane was built in 1920 and last sold on Mar 31, 2021 for $705,000.
How much is this home worth?
The estimated value of the home located at 55 Worcester Lane is $705,185.
What are some comparable homes to 55 Worcester Lane?
There are currently no comparable homes to 55 Worcester Lane.
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