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Worcester 01523
7 Highfield Dr
$413,400
● House - Off Market

7 Highfield Dr

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,826 Ft²
$567,620
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Custom built in 1965 this 10 room embankment ranch has redwood exterior, with Andersen windows. A magical garden of a variety of flowers on a very private corner lot. Fireplace den is open to the spacious skylighted kitchen with lots of cabinets & corian counters. French door to Livingroom open to the dining room. Fireplace/pellet stove in lower level family room as well as 2 more finished rooms in the walk out basement, with 3/4 bath. Huge workshop and lots of storage. Dry basement. Terrific Cul de sac neighborhood. Please adhere to covid protocol, sanitize you're hands and wear a mask when inside the home. Buyers will be asked to sign the attached Covid form before seeing this home.
Unit Size
2,826 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$149
Property Type
House
Property Taxes
$614
HOA Dues
-
Year Built
1965

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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 #72691758)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by Crown Ledge Realty $419,900
Listed by Crown Ledge Realty
Jun 30, 2000 Sold
Premium
Sold
May 15, 2000 Listed by Crown Ledge Realty $249,900
Listed by Crown Ledge Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,926
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 1,926
  • Gross Building Area: 1,926
  • Building Area: 1,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,926
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 2838
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:033.0 B:0000 L:0069.0
  • Lot: 69.0
  • Municipality: LANCASTER
  • Latitude: 42.4568
  • Longitude: -71.6914

    Address

  • Full Address: 7 Highfield Dr
  • Address - House Number: 7
  • Address - Street Name: Highfield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2153
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $800,900

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 548,620
  • High Value: 645,920
  • Low Value: 451,319

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,900
  • Assessed Land Value: $127,200
  • Assessed Improvements Value: $338,700

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104673
  • Previous Sale Recording Date: Jun 30, 2000
  • Previous Sale Amount: $250,000
  • Previous 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72691758

Frequently Asked Questions

When was property at 7 Highfield Drive built and last sold?
The property at 7 Highfield Drive was built in 1965 and last sold on Sep 4, 2020 for $413,400.
How much is this home worth?
The estimated value of the home located at 7 Highfield Drive is $442,115.
What are some comparable homes to 7 Highfield Drive?
There are currently no comparable homes to 7 Highfield Drive.
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