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Worcester 01462
72 Broad Meadow Drive
$310,000
● House - Off Market

72 Broad Meadow Drive

Lunenburg, MA 01462
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,491 Ft²
$643,135
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Fantastic side-by-side In-Law. Primary home offers a 3 bdrms and multiple levels while In-law ha 2 bdrm ranch style. Located at the end of a quiet street. Each unit has separate utilities, it's own yard, storage building and laundry hook ups. The 3 bedroom unit has 3 levels of living, whole house fan, dining room, living room w/pellet stove, huge master bedroom with master bath, 3 season porch, interior basement access & two car garage. The 2 bedroom unit offers a pleasing & desirable ranch style unit, large living room w/picture window, dining room w/hardwood flooring, 2 nice size bedrooms, 3 season porch and out building for storage. A perfect place for children returning home or parents looking to down size.
Unit Size
3,491 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$95
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1973

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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 #71575403)

Price History

Date / Event Date Event Price
Oct 18, 2013 Sold
Premium
Sold
Aug 28, 2013 Listed by Foster-Healey Real Estate $329,900
Listed by Foster-Healey Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,925
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,787
  • Total Building Area: 3,491
  • Gross Building Area: 6,440
  • Building Area: 3,491
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,491
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001120
  • 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: 1620570000600000
  • Parcel: LUNE M:057.0 B:0006 L:0000.0
  • Block: 6
  • Municipality: LUNENBURG
  • Latitude: 42.5979
  • Longitude: -71.7638

    Address

  • Full Address: 72 Broad Meadow Dr
  • Address - House Number: 72
  • Address - Street Name: Broad Meadow
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C001
  • 4-Digit Zip Code: 1207
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $766,800

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 611,299
  • High Value: 709,986
  • Low Value: 512,612

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,500
  • Assessed Land Value: $123,500
  • Assessed Improvements Value: $401,000

    Sales

  • Current Sale Recording Date: Oct 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18543
  • Previous Sale Recording Date: Oct 18, 2013
  • Previous Sale Amount: $310,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71575403

Frequently Asked Questions

When was property at 72 Broad Meadow Drive built and last sold?
The property at 72 Broad Meadow Drive was built in 1973 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 72 Broad Meadow Drive is $332,289.
What are some comparable homes to 72 Broad Meadow Drive?
There are currently no comparable homes to 72 Broad Meadow Drive.
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