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South Lancaster 01523
69 Ivy Drive
$132,000
● House - Off Market

69 Ivy Drive

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,250 Ft²
$512,151
RealtyHop Estimate
271.39%
Since Aug 1, 1996
National-US
Primary Model

About This Property

CALL 562-9119 FOR SHOWING INST. OR MARY M AT 622-8711 OR 562-1417-WELL MAINTAINED SPLIT IN CUL-DE-SAC NEIGHBORHOOD NEW WINDOWS-FENCED YARD-NEWER DECK AND PAINT. -NEWER CAPRET IN LR & DINING-WONDERFUL BACK YARD. PERRENIALS GALORE!!!!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$110
Property Type
House
Property Taxes
$143
HOA Dues
-
Year Built
1975

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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 years ago (MLSPIN #30103202)

Price History

Date / Event Date Event Price
Jul 16, 1996 Sold
Premium
Sold
Apr 30, 1996 Listed $137,900
Listed

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,440
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,482
  • Gross Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:041.0 B:0000 L:0144.0
  • Lot: 144.0
  • Municipality: LANCASTER
  • Latitude: 42.4353
  • Longitude: -71.6933

    Address

  • Full Address: 69 Ivy Dr
  • Address - House Number: 69
  • Address - Street Name: Ivy
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1906
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $759,600

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 529,978
  • High Value: 616,053
  • Low Value: 443,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,900
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $338,800

    Sales

  • Current Sale Recording Date: Jul 16, 1996
  • Current Sale Price:
    Premium
  • Current 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:

$477,450

Sale Price/ft²

$303

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1681 ft²

Average Home Age

92.8 years

Currently For Sale

4 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: 4 years ago
Data Source: MLS PIN, MLS# 30103202

Frequently Asked Questions

When was property at 69 Ivy Drive built and last sold?
The property at 69 Ivy Drive was built in 1975 and last sold on Jan 1, 1970 for $132,000.
How much is this home worth?
The estimated value of the home located at 69 Ivy Drive is $0.
What are some comparable homes to 69 Ivy Drive?
There are currently no comparable homes to 69 Ivy Drive.
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