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Shirley 01464
6 Lancaster Road
$390,000
● House - Off Market

6 Lancaster Road

Shirley, MA 01464
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,818 Ft²
$774,923
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Stunning conversion from town library, circa 1893, to spectacular and unbelievable 3 bedroom residence. So much to enjoy - detailed moldings and bead board wainscoting, 11' ceilings 1st floor, shiny hardwood floors, recessed lighting, stained glass windows and entry alcove. 9' ceilings second floor, beautiful custom stonework, 3 beautiful baths - master bath is a show stopper!  Hardwood and tile floors, carpeted bedrooms. Loaded with extras!   Commuters-trains to and from Boston within1/2 mile!
Unit Size
2,818 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$141
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1893

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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 #71550511)

Price History

Date / Event Date Event Price
Sep 12, 2013 Sold
Premium
Sold
Jul 2, 2013 Listed by TP Hazel Sotheby's International Realty $398,000
Listed by TP Hazel Sotheby's International Realty

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,679
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,552
  • Gross Building Area: 5,037
  • Building Area: 3,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ayer-Shirley School District
  • Census Tract: 388200

Zoning

  • Zoning: R3

Geography

  • Parcel: SHIR M:0016 B:000E L:00016
  • Block: E
  • Lot: 16
  • Municipality: SHIRLEY
  • Latitude: 42.5424
  • Longitude: -71.6569

    Address

  • Full Address: 6 Lancaster Rd
  • Address - House Number: 6
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shirley
  • Carrier Code: R002
  • 4-Digit Zip Code: 2410
  • Zip Code: 01464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $866,200

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 782,518
  • High Value: 946,419
  • Low Value: 618,618

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,300
  • Assessed Land Value: $110,800
  • Assessed Improvements Value: $527,500

    Sales

  • Current Sale Recording Date: Sep 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 199353
  • Previous Sale Recording Date: Sep 12, 2013
  • Previous Sale Amount: $390,000
  • 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 Shirley

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$284

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2160 ft²

Average Home Age

126 years

Currently For Sale

1 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# 71550511

Frequently Asked Questions

When was property at 6 Lancaster Road built and last sold?
The property at 6 Lancaster Road was built in 1893 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 6 Lancaster Road is $401,334.
What are some comparable homes to 6 Lancaster Road?
There are currently no comparable homes to 6 Lancaster Road.
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