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Worcester 01462
697 Flat Hill Road
$319,900
● House - Off Market

697 Flat Hill Road

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$688,823
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Enjoy the family room w/cathedral ceilings and skylights.  Prepare meals in the well-designed kitchen.  Watch movies on the screened porch.  Take a dip in the pool or toast marshmallows under the stars on the patio.  Take a walk on the trails throughout acres of conservation land bordering this property or simply relish the privacy in your own backyard!  Three miles to the T, five miles to Rte. 2!  Recent updates include New Septic 2012, Pool 2007, Furnace 2009, Windows, Roof, and Siding 2001.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$151
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1981

Payment Calculator

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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 months ago (MLSPIN #71372174)

Price History

Date / Event Date Event Price
Oct 28, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by ERA Key Realty Services - Worcester $519,900
Listed by ERA Key Realty Services - Worcester
Jun 28, 2012 Sold
Premium
Sold
Apr 24, 2012 Listed by ERA Key Realty Services - Worcester $319,900
Listed by ERA Key Realty Services - Worcester
Jun 21, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,568
  • Total Building Area: 2,112
  • Gross Building Area: 4,742
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUNENBURG
  • Land Acres: 0000001092
  • 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: 712102

Zoning

  • Zoning: O

Geography

  • Account Number: 1621070002200000
  • Parcel: LUNE M:107.0 B:0022 L:0000.0
  • Block: 22
  • Municipality: LUNENBURG
  • Latitude: 42.568
  • Longitude: -71.6813

    Address

  • Full Address: 697 Flat Hill Rd
  • Address - House Number: 697
  • Address - Street Name: Flat Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 2119
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $711,600

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 613,347
  • High Value: 712,365
  • Low Value: 514,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,700
  • Assessed Land Value: $123,000
  • Assessed Improvements Value: $363,700

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24235
  • Previous Sale Recording Date: Jun 28, 2012
  • Previous Sale Amount: $319,900
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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: 4 months ago
Data Source: MLS PIN, MLS# 71372174

Frequently Asked Questions

When was property at 697 Flat Hill Road built and last sold?
The property at 697 Flat Hill Road was built in 1981 and last sold on Oct 28, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 697 Flat Hill Road is $521,210.
What are some comparable homes to 697 Flat Hill Road?
There are currently no comparable homes to 697 Flat Hill Road.
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