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Worcester 01462
LOT 7 Courtland Rd.
$389,500
● House - Off Market

LOT 7 Courtland Rd.

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,571 Ft²
$908,249
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

MASTER BUILDER RM HICKS BIRCHWOOD MODEL WITH 2571 SF OF ELEGANT LIVING SPACE HARDWOOD FLOORING PKG TILE KITCHEN AND BATHS CENTRAL A/C FRONT BRICK WALK-WAY 12X16 DECK DBL SINK IN MASTER BATH OAK CABINETS AND MUCH MORE CALL FOR DETAILS
Unit Size
2,571 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$152
Property Type
House
Property Taxes
-
HOA Dues
$103
Year Built
2005

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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 #30633633)

Price History

Date / Event Date Event Price
Feb 28, 2005 Sold
Premium
Sold
May 15, 2003 Sold
Premium
Sold
Aug 7, 2002 Listed by Joyce A. Sheridan $389,500
Listed by Joyce A. Sheridan

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,259
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 2,836
  • Gross Building Area: 5,010
  • Building Area: 2,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,836
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000680
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Lunenburg School District
  • School Tax School District: LUNENBURG SD
  • Census Tract: 712102

Zoning

  • Zoning: O

Geography

  • Account Number: 1620840003500000
  • Parcel: LUNE M:084.0 B:0035 L:0000.0
  • Block: 35
  • Municipality: LUNENBURG
  • Latitude: 42.5876
  • Longitude: -71.6811

    Address

  • Full Address: 7 Cortland Cir
  • Address - House Number: 7
  • Address - Street Name: Cortland
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1494
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $670,900

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 623,808
  • High Value: 727,987
  • Low Value: 519,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,900
  • Assessed Improvements Value: $458,900

    Sales

  • Current Sale Recording Date: Feb 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 152635
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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 years ago
Data Source: MLS PIN, MLS# 30633633

Frequently Asked Questions

When was property at 7 Cortland Circle built and last sold?
The property at 7 Cortland Circle was built in 2005 and last sold on Jan 1, 1970 for $451,600.
How much is this home worth?
The estimated value of the home located at 7 Cortland Circle is $411,052.
What are some comparable homes to 7 Cortland Circle?
There are currently no comparable homes to 7 Cortland Circle.
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