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Lunenburg 01462
601 Northfield Road
$440,000
● House - Off Market

601 Northfield Road

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,380 Ft²
$673,166
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Spacious 4 bedroom colonial with 2 1/2 baths waiting for your family to move in!  Large kitchen has new tiled floor, eat-in area featuring stainless steel appliances with convection and regular oven.  1st floor features open floor plan, hardwood flooring and fireplace. Central air, security system and oversized garage makes this home complete!  Enjoy summer barbecues on the new deck overlooking a large flat landscaped yard featuring a "playscape" for the children!  Title V just completed and quick closing possible!
Unit Size
2,380 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$187
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
2000

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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: 5 months ago (MLSPIN #72337074)

Price History

Date / Event Date Event Price
Aug 9, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Coldwell Banker Residential Brokerage - Leominster $445,000
Listed by Coldwell Banker Residential Brokerage - Leominster
Jun 16, 2010 Sold
Premium
Sold
Mar 7, 2010 Listed by Coldwell Banker Residential Brokerage - Leominster $329,900
Listed by Coldwell Banker Residential Brokerage - Leominster

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,316
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 2,380
  • Gross Building Area: 5,648
  • Building Area: 2,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,380
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUNENBURG
  • Land Acres: 0000000950
  • 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: 1620390001100000
  • Parcel: LUNE M:039.0 B:0011 L:0000.0
  • Block: 11
  • Municipality: LUNENBURG
  • Latitude: 42.609
  • Longitude: -71.7391

    Address

  • Full Address: 601 Northfield Rd
  • Address - House Number: 601
  • Address - Street Name: Northfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C003
  • 4-Digit Zip Code: 1727
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $789,500

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 640,577
  • High Value: 754,847
  • Low Value: 526,306

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,000
  • Assessed Land Value: $120,600
  • Assessed Improvements Value: $419,400

    Sales

  • Current Sale Recording Date: Aug 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13535
  • Previous Sale Recording Date: Jun 16, 2010
  • Previous Sale Amount: $311,500
  • 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 Lunenburg

Stats & Trends

Median Asking:

$518,000

Sale Price/ft²

$295

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2192 ft²

Average Home Age

41.4 years

Currently For Sale

16 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: 5 months ago
Data Source: MLS PIN, MLS# 72337074

Frequently Asked Questions

When was property at 601 Northfield Road built and last sold?
The property at 601 Northfield Road was built in 2000 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 601 Northfield Road is $450,819.
What are some comparable homes to 601 Northfield Road?
There are currently no comparable homes to 601 Northfield Road.
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