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Worcester 01462
68 Elm Street
$160,000
● House - Off Market

68 Elm Street

Lunenburg, MA 01462
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,199 Ft²
$293,853
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Cash or rehab loan only. Seller has never occupied property and cannot provide any information about the condition   Antique farmhouse is registered in Historical Society. 8 rooms, 5 bedrooms, attached garage. Large barn and horse stable in need of repair also. Town water Title V not done & is buyer's responsibility to tie in sewer line at street.
Unit Size
3,199 Ft²
Days on Market
-
Land Size
3.72 acres
Price per sqft
$62
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1975

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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 #72445367)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Jan 24, 2019 Listed by Champa Realty, Inc. $199,900
Listed by Champa Realty, Inc.
Aug 9, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 164,855
  • Total Building Area: 3,235
  • Gross Building Area: 4,363
  • Building Area: 3,235
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 3,235
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003785
  • 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: RB

Geography

  • Account Number: 1620920002700000
  • Parcel: LUNE M:092.0 B:0027 L:0000.0
  • Block: 27
  • Municipality: LUNENBURG
  • Latitude: 42.5817
  • Longitude: -71.7365

    Address

  • Full Address: 68 Elm St
  • Address - House Number: 68
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2026
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $337,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 288,777
  • High Value: 345,800
  • Low Value: 231,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,800
  • Assessed Land Value: $135,700
  • Assessed Improvements Value: $95,100

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9512
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Amount: $360,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 72445367

Frequently Asked Questions

When was property at 68 Elm Street built and last sold?
The property at 68 Elm Street was built in 1975 and last sold on Jun 13, 2019 for $160,000.
How much is this home worth?
The estimated value of the home located at 68 Elm Street is $198,805.
What are some comparable homes to 68 Elm Street?
There are currently no comparable homes to 68 Elm Street.
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