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Worcester 01523
60 Grant Way
$438,300
● House - Off Market

60 Grant Way

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,560 Ft²
$697,537
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

ALL OFFERS CONSIDERED! Be in for the holidays! Beautiful Colonial with two-story foyer and plenty of natural lighting awaits you. Main floor offers kitchen with dining area, leading to rear deck, and cathedral ceiling family  room. Living Room with French doors open to office with built-in desk and shelving. Upstairs, Master bed/bath with walk-in closet, and two more spacious bedrooms. Laundry on second floor, right outside bedrooms! Home is set back from the road, allowing privacy. Close to Rt. 2, and Shirley Train Station.
Unit Size
2,560 Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$179
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1999

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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 #72358234)

Price History

Date / Event Date Event Price
Jan 4, 2019 Sold
Premium
Sold
Jul 9, 2018 Listed by RE/MAX Prof Associates $459,000
Listed by RE/MAX Prof Associates
Nov 29, 2000 Sold
Premium
Sold
Sep 26, 2000 Listed by RE/MAX Prof Associates $347,500
Listed by RE/MAX Prof Associates

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 1,472
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,003
  • Total Building Area: 2,392
  • Gross Building Area: 2,560
  • Building Area: 2,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANT DEV
  • Land Acres: 0000001630
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:005.0 B:0000 L:0032.M
  • Lot: 32.M
  • Municipality: LANCASTER
  • Latitude: 42.5189
  • Longitude: -71.6675

    Address

  • Full Address: 60 Grant Way
  • Address - House Number: 60
  • Address - Street Name: Grant
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 3111
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $909,900

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 656,246
  • High Value: 761,359
  • Low Value: 551,133

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,300
  • Assessed Land Value: $145,800
  • Assessed Improvements Value: $383,500

    Sales

  • Current Sale Contract Date: Dec 21, 2018
  • Current Sale Recording Date: Jan 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 953
  • Previous Sale Recording Date: Nov 29, 2000
  • Previous Sale Amount: $347,500
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72358234

Frequently Asked Questions

When was property at 60 Grant Way built and last sold?
The property at 60 Grant Way was built in 1999 and last sold on Dec 21, 2018 for $438,300.
How much is this home worth?
The estimated value of the home located at 60 Grant Way is $473,381.
What are some comparable homes to 60 Grant Way?
There are currently no comparable homes to 60 Grant Way.
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