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Worcester 01462
71 Pratt St
$270,000
● House - Off Market

71 Pratt St

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,165 Ft²
$391,886
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Don't let this home pass you by. This charming home is located on a beautiful piece of land. Spacious one car garage offers extra storage and direct access to mud room. Inside you will find hardwood floors and timeless archways. Quaint kitchen design includes a sunny pantry area for extra space with a walk out to a large wooden deck and patio area that overlooks an open flat yard. enjoy the befits of solar panels(located on the back of the home for extra curb appeal) along with newly connected city water and sewer.  Partially finished carpeted basement with built in beds are a very unique feature. If you are looking for a great home in a desirable school district, this is for you.
Unit Size
1,165 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$249
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1951

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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 #72703605)

Price History

Date / Event Date Event Price
Sep 29, 2020 Sold
Premium
Sold
Aug 4, 2020 Listed by Tammy Morrison Real Estate $289,900
Listed by Tammy Morrison Real Estate
Feb 17, 2015 Sold
Premium
Sold
Jun 24, 2014 Listed by Tammy Morrison Real Estate $199,900
Listed by Tammy Morrison Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,175
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 1,123
  • Gross Building Area: 3,156
  • Building Area: 1,123
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,123
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • 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: 1620970002100000
  • Parcel: LUNE M:097.0 B:0021 L:0000.0
  • Block: 21
  • Municipality: LUNENBURG
  • Latitude: 42.5747
  • Longitude: -71.761

    Address

  • Full Address: 71 Pratt St
  • Address - House Number: 71
  • Address - Street Name: Pratt
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C001
  • 4-Digit Zip Code: 1914
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,100

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 378,895
  • High Value: 456,979
  • Low Value: 300,811

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,100
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $213,600

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16981
  • Previous Sale Recording Date: Feb 17, 2015
  • Previous Sale Amount: $180,000
  • 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

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72703605

Frequently Asked Questions

When was property at 71 Pratt Street built and last sold?
The property at 71 Pratt Street was built in 1951 and last sold on Sep 25, 2020 for $270,000.
How much is this home worth?
The estimated value of the home located at 71 Pratt Street is $289,976.
What are some comparable homes to 71 Pratt Street?
There are currently no comparable homes to 71 Pratt Street.
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