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South Lancaster 01523
62 Bigelow Rd
$205,000
● House - Off Market

62 Bigelow Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,125 Ft²
$401,262
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Super nice Neighborhood setting  Affordable and comfortable 6 room ranch 3 bed room 1.5 baths with a new roof, replacement windows. and boiler with tank less hot water heater  Hardwood floors in all 3 bedrooms, hallway, living and dining rooms. Fireplace living room and  a large flat back yard. with above ground pool and 2 storage sheds. great commuter location
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$191
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1959

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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: 6 months ago (MLSPIN #71736462)

Price History

Date / Event Date Event Price
Nov 17, 2014 Sold
Premium
Sold
Sep 2, 2014 Listed by Renzi Real Estate $215,000
Listed by Renzi Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,125
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,125
  • Gross Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • 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:0032.0
  • Lot: 32.0
  • Municipality: LANCASTER
  • Latitude: 42.4464
  • Longitude: -71.6802

    Address

  • Full Address: 62 Bigelow Rd
  • Address - House Number: 62
  • Address - Street Name: Bigelow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 2820
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,700

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 397,956
  • High Value: 476,232
  • Low Value: 319,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,100
  • Assessed Land Value: $88,100
  • Assessed Improvements Value: $241,000

    Sales

  • Current Sale Recording Date: Nov 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108096

    Financing

  • First Mortgage Financing Type: UNK
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# 71736462

Frequently Asked Questions

When was property at 62 Bigelow Road built and last sold?
The property at 62 Bigelow Road was built in 1959 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 62 Bigelow Road is $221,752.
What are some comparable homes to 62 Bigelow Road?
There are currently no comparable homes to 62 Bigelow Road.
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