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Worcester 01510
57 Lancaster Road
$180,000
● House - Off Market

57 Lancaster Road

Clinton, MA 01510
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,782 Ft²
$393,739
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Recent updates include NEW ROOF, NEW FURNACE, circuit breakers.  Set on a nice large level lot, this Cape style home features 3 bedrooms (2 down, 1 up), eat-in kitchen, separate dining room, spacious living room and a great den/sunroom/office.  Affordably priced under assessed value & waiting for your finishing cosmetic touches to call it your home!  Needs some work but worth it - 1/2 acre lot right over the Bolton line. Great commuter location - only 10 minutes to Route 495.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$109
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1970

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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 #71401386)

Price History

Date / Event Date Event Price
Apr 29, 2013 Sold
Premium
Sold
Jun 25, 2012 Listed by Realty Vision $195,000
Listed by Realty Vision

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 21,049
  • Total Building Area: 1,782
  • Gross Building Area: 4,216
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000483
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Clinton School District
  • School Tax School District: CLINTON SD
  • Census Tract: 716101

Geography

  • Parcel: CLIN M:0126 B:3344 L:0000
  • Block: 3344
  • Municipality: CLINTON
  • Latitude: 42.4272
  • Longitude: -71.6599

    Address

  • Full Address: 57 Lancaster Rd
  • Address - House Number: 57
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Clinton
  • Carrier Code: C014
  • 4-Digit Zip Code: 1405
  • Zip Code: 01510

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,600

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 480,143
  • High Value: 581,550
  • Low Value: 378,735

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,300
  • Assessed Land Value: $128,200
  • Assessed Improvements Value: $277,100

    Sales

  • Current Sale Recording Date: Apr 29, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50188
  • Previous Sale Recording Date: Apr 29, 2013
  • Previous Sale Amount: $175,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71401386

Frequently Asked Questions

When was property at 57 Lancaster Road built and last sold?
The property at 57 Lancaster Road was built in 1970 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 57 Lancaster Road is $211,849.
What are some comparable homes to 57 Lancaster Road?
There are currently no comparable homes to 57 Lancaster Road.
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