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Worcester 01462
74 Cove Rd
$245,000
● House - Off Market

74 Cove Rd

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$448,860
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Don't miss your opportunity to to call this inviting & well built Cape your new home! Nestled on almost 2 acres of privacy in the beautiful Hickory Hills area of town this house lends itself to peaceful serenity, summer fun on the lake & a great commuter location all at once! The full dormers add living space & openness to the 3 bedrooms upstairs that each have ample closets! The first level boasts a front to back living room, a dining room which flows into the open concept kitchen! The large basement boasts a work/storage area, a laundry room, 2 partially finished rooms & exterior access! Great storage shed outside for keeping all of your gardening tools! Move in Ready! Passing Title V! Spacious! Call today to make this home yours in time to enjoy all that the lake area has to offer!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
1.96 acres
Price per sqft
$188
Property Type
House
Property Taxes
$302
HOA Dues
$258
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71829946)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed by Concierge Real Estate $349,900
Listed by Concierge Real Estate
Aug 14, 2015 Sold
Premium
Sold
May 5, 2015 Listed by Concierge Real Estate $252,900
Listed by Concierge Real Estate
Aug 28, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,227
  • Total Building Area: 1,382
  • Gross Building Area: 2,384
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001957
  • 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: 1620240010200000
  • Parcel: LUNE M:024.0 B:0102 L:0000.0
  • Block: 102
  • Municipality: LUNENBURG
  • Latitude: 42.6198
  • Longitude: -71.6975

    Address

  • Full Address: 74 Cove Rd
  • Address - House Number: 74
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1142
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 481,980
  • High Value: 573,652
  • Low Value: 390,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,400
  • Assessed Land Value: $124,900
  • Assessed Improvements Value: $256,500

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13248
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Amount: $245,000
  • 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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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 months ago
Data Source: MLS PIN, MLS# 71829946

Frequently Asked Questions

When was property at 74 Cove Road built and last sold?
The property at 74 Cove Road was built in 1994 and last sold on Jun 18, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 74 Cove Road is $350,380.
What are some comparable homes to 74 Cove Road?
There are currently no comparable homes to 74 Cove Road.
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