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Worcester 01462
57 Peninsula Dr
$265,000
● House - Off Market

57 Peninsula Dr

Lunenburg, MA 01462
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$473,664
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

WOW!    77'  WATERFRONT @ Hickory Hills Lake...You're not just buying a home, you are buying a lifestyle. This property is ideal for everyone.  Downsizers, Vacationers, First time home Buyers! The Sellers have gutted and rehabbed from studs up as "their" own little piece of paradise.(see attached upgrades) Now it's time for you to relax & enjoy.. "Let the Sun Shine In". This home has a unique & efficient floor plan that allows natural light with views that can be enjoyed inside or outside on your private deck.. feel the breeze, while you take in the views & sandy beach. Canoe, Kayak, or pontoon party boats are welcome. For those who  appreciate the serenity of Lake front living, this home could be yours! Quick close if needed.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$346
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1954

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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 #72232558)

Price History

Date / Event Date Event Price
Dec 7, 2017 Sold
Premium
Sold
Sep 21, 2017 Listed by Foster-Healey Real Estate $299,000
Listed by Foster-Healey Real Estate
Jan 24, 2013 Sold
Premium
Sold
Nov 4, 2012 Listed by Foster-Healey Real Estate $200,000
Listed by Foster-Healey Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 16
  • Floor Count: 100
  • 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: 11,500
  • Total Building Area: 864
  • Gross Building Area: 1,164
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: 1620290002500000
  • Parcel: LUNE M:029.0 B:0025 L:0000.0
  • Block: 25
  • Municipality: LUNENBURG
  • Latitude: 42.6142
  • Longitude: -71.7019

    Address

  • Full Address: 57 Peninsula Dr
  • Address - House Number: 57
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1109
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $846,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 624,514
  • High Value: 734,615
  • Low Value: 514,413

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578,900
  • Assessed Land Value: $478,500
  • Assessed Improvements Value: $100,400

    Sales

  • Current Sale Recording Date: Dec 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22409
  • Previous Sale Recording Date: Jan 24, 2013
  • Previous Sale Amount: $190,000
  • 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 72232558

Frequently Asked Questions

When was property at 57 Peninsula Drive built and last sold?
The property at 57 Peninsula Drive was built in 1954 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 57 Peninsula Drive is $296,501.
What are some comparable homes to 57 Peninsula Drive?
There are currently no comparable homes to 57 Peninsula Drive.
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