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South Lancaster 01523
60 Bolton Rd
$310,000
● House - Off Market

60 Bolton Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,205 Ft²
$423,846
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

BRAND NEW LISTING! Here is the turn-key Lancaster home you have been patiently waiting for! This spacious 3 bedroom / 1.5 bath home has been completely renovated top to bottom and is a brand new home in basically every respect. Too many updates to list, including: brand new granite/stainless kitchen, brand new bathrooms, fully opened up floor plan, brand new side-deck, new plumbing, new 200 AMP electrical, new heating, new hot water heater, new roof, new flooring, fresh paint, you name it! It's all been done! This home is fully turn-key and waiting for a new owner (who doesn't want to do a thing) to move right in. The large backyard is perfect for summer BBQ's, and the huge walk-up attic offers a ton of extra storage. Awesome commuter location, just minutes to I-190 or I-495. Call today to view!
Unit Size
1,205 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$249
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1920

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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 #72638242)

Price History

Date / Event Date Event Price
May 28, 2020 Sold
Premium
Sold
Mar 26, 2020 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $299,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Aug 14, 2019 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 633
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,206
  • Gross Building Area: 1,205
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:038.0 B:0000 L:0055.0
  • Lot: 55.0
  • Municipality: LANCASTER
  • Latitude: 42.4438
  • Longitude: -71.6838

    Address

  • Full Address: 60 Bolton Rd
  • Address - House Number: 60
  • Address - Street Name: Bolton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 2282
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $530,700

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 417,530
  • High Value: 490,510
  • Low Value: 344,549

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,700
  • Assessed Land Value: $77,600
  • Assessed Improvements Value: $231,100

    Sales

  • Current Sale Contract Date: Apr 04, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54871
  • Previous Sale Recording Date: Aug 14, 2019
  • Previous Sale Contract Date: Jul 30, 2019
  • Previous Sale Amount: $30,000
  • 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 South Lancaster

Stats & Trends

Median Asking:

$477,450

Sale Price/ft²

$303

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1508 ft²

Average Home Age

95 years

Currently For Sale

3 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# 72638242

Frequently Asked Questions

When was property at 60 Bolton Road built and last sold?
The property at 60 Bolton Road was built in 1920 and last sold on Apr 4, 2020 for $310,000.
How much is this home worth?
The estimated value of the home located at 60 Bolton Road is $307,458.
What are some comparable homes to 60 Bolton Road?
There are currently no comparable homes to 60 Bolton Road.
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