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South Lancaster 01523
61 Carter St
Photo of 61 Carter St
Sold on Feb 21, 2008

1

Map

$189,000
● House - Off Market

61 Carter St

Lancaster, MA 01523
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,100 Ft²
$351,377
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

WOW! What a price at 64k below assessed value. Seller will contribute up to $5,000 towards closing costs with acceptable offer. This one would be great to live in & fix up or to buy, fix, and resell. The house is in good condition but needs some interior cosmetics. All the hard stuff has been done with updates that include the heating system, electric panel, roof, windows, etc. The 3rd flr could be made into bedroom #3. With almost an acre of land you could even expand the house to your desire
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$173
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70698777)

Price History

Date / Event Date Event Price
Feb 25, 2008 Sold
Premium
Sold
Jan 16, 2008 Listed $189,900
Listed
Nov 30, 2007 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 784
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,590
  • Total Building Area: 1,414
  • Gross Building Area: 1,414
  • Building Area: 1,414
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,414
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000840
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:042.0 B:0000 L:0049.0
  • Lot: 49.0
  • Municipality: LANCASTER
  • Latitude: 42.4372
  • Longitude: -71.684

    Address

  • Full Address: 61 Carter St
  • Address - House Number: 61
  • Address - Street Name: Carter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 2050
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $523,600

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 406,881
  • High Value: 490,173
  • Low Value: 323,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,600
  • Assessed Land Value: $98,200
  • Assessed Improvements Value: $206,400

    Sales

  • Current Sale Recording Date: Feb 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00018725
  • Previous Sale Recording Date: Nov 30, 2007
  • Previous Sale Amount: $128,000
  • 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 South Lancaster

Stats & Trends

Median Asking:

$509,950

Sale Price/ft²

$302

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1569 ft²

Average Home Age

73 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70698777

Frequently Asked Questions

When was property at 61 Carter Street built and last sold?
The property at 61 Carter Street was built in 1900 and last sold on Jan 1, 1970 for $189,000.
How much is this home worth?
The estimated value of the home located at 61 Carter Street is $197,801.
What are some comparable homes to 61 Carter Street?
There are currently no comparable homes to 61 Carter Street.
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