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Worcester 01462
701 Flat Hill Road
$219,900
● House - Off Market

701 Flat Hill Road

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$708,970
RealtyHop Estimate
222.41%
Since Jun 1, 1999
National-US
Primary Model

About This Property

SUNNY UPDATED COUNTRY CAPE COMPLETE W/NEW FAMILY RM OFF THE KITCHEN FEATURING HDWD FL. AND FIELDSTONE FP.  SUNROOM W/TILED FLOOR OVERLOOKS CONSERVATION LAND BEYONG. UPDATED THROUGHOUT, NEW WINDOWS AND BRICK WALKWAYS FRONT AND BACK.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$105
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1981

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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 #30301085)

Price History

Date / Event Date Event Price
Aug 3, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed by Keller Williams Realty-Merrimack $445,000
Listed by Keller Williams Realty-Merrimack
May 14, 1999 Sold
Premium
Sold
Mar 15, 1999 Listed by Keller Williams Realty-Merrimack $219,900
Listed by Keller Williams Realty-Merrimack

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1999
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,270
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,730
  • Total Building Area: 1,935
  • Gross Building Area: 3,816
  • Building Area: 1,935
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,935
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODSPIRE REALTY TRUST
  • Land Acres: 0000000958
  • 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: 1621230000100000
  • Parcel: LUNE M:123.0 B:0001 L:0000.0
  • Block: 1
  • Municipality: LUNENBURG
  • Latitude: 42.5678
  • Longitude: -71.6817

    Address

  • Full Address: 701 Flat Hill Rd
  • Address - House Number: 701
  • Address - Street Name: Flat Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 2141
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $733,500

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 611,765
  • High Value: 712,755
  • Low Value: 510,774

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,700
  • Assessed Land Value: $120,700
  • Assessed Improvements Value: $381,000

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16973
  • Previous Sale Recording Date: May 14, 1999
  • Previous Sale Amount: $219,900
  • 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

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 years ago
Data Source: MLS PIN, MLS# 30301085

Frequently Asked Questions

When was property at 701 Flat Hill Road built and last sold?
The property at 701 Flat Hill Road was built in 1981 and last sold on Aug 3, 2021 for $510,500.
How much is this home worth?
The estimated value of the home located at 701 Flat Hill Road is $0.
What are some comparable homes to 701 Flat Hill Road?
There are currently no comparable homes to 701 Flat Hill Road.
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