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Worcester 01462
70 Pratt St
$369,900
● House - Off Market

70 Pratt St

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$512,884
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

The owner is now comfortable allowing buyers into the home since the COVID virus and welcomes you to visit.   Please see my virtual tour and "walk thru" the home for a good virtual visit to the home.  Much larger than it looks!!!  This home has been lovingly renovated and enlarged over the past few years to bring it up to date.  Tons of upgrades, oversized 2-car garage (see attached list).    This home has been in this family for many years and now it's time for a new owner to take over.  Great neighborhood and close to shopping.  Extra large rear yard for family enjoyment.  You can't go wrong with this home!
Unit Size
1,996 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$185
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #72625543)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Apr 1, 2021 Listed by LAER Realty Partners $399,000
Listed by LAER Realty Partners
Jul 31, 2020 Sold
Premium
Sold
Mar 3, 2020 Listed by LAER Realty Partners $369,900
Listed by LAER Realty Partners
Jun 7, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 884
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,795
  • Total Building Area: 2,040
  • Gross Building Area: 3,929
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000684
  • 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: RA

Geography

  • Account Number: 1620970008400000
  • Parcel: LUNE M:097.0 B:0084 L:0000.0
  • Block: 84
  • Municipality: LUNENBURG
  • Latitude: 42.5747
  • Longitude: -71.7604

    Address

  • Full Address: 70 Pratt St
  • Address - House Number: 70
  • Address - Street Name: Pratt
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C001
  • 4-Digit Zip Code: 1915
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $615,100

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 511,996
  • High Value: 606,387
  • Low Value: 417,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,700
  • Assessed Land Value: $114,700
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11667
  • Previous Sale Recording Date: Jul 31, 2020
  • Previous Sale Contract Date: Jul 21, 2020
  • Previous Sale Amount: $369,900
  • 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:

$499,999

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2392 ft²

Average Home Age

64.7 years

Currently For Sale

2074 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: 5 months ago
Data Source: MLS PIN, MLS# 72625543

Frequently Asked Questions

When was property at 70 Pratt Street built and last sold?
The property at 70 Pratt Street was built in 1952 and last sold on May 28, 2021 for $420,000.
How much is this home worth?
The estimated value of the home located at 70 Pratt Street is $411,653.
What are some comparable homes to 70 Pratt Street?
There are currently no comparable homes to 70 Pratt Street.
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