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Worcester 01523
76 Shannon
$375,000
● House - Off Market

76 Shannon

Lancaster, MA 01523
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,625 Ft²
$617,748
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

One level living at it's best in this spacious contemporary ranch at Eagle Ridge.  This Jefferson Model offers an open flowing floor plan with high ceilings, and enclosed porch.  Enjoy the spacious great room w/gleaming hardwood floors, recessed lights, vaulted ceiling, inviting gas fireplace, and a slider to the 3 season porch overlooking the private yard.  The kitchen boasts new stainless steel appliances, ceramic tile floor, Corian counters, and lots of natural light.  A palladian window accents the entry. The master bdrm. has 2 walk-in closets, hardwood flooring, and master bath w/jetted tub and double vanity sinks.  There is also and office & second bdrm. both with hardwood floors.  This home is located at the end of a cul de sac, on a wooded lot.  The neighborhood is convenient to shopping and highway access.
Unit Size
1,625 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$231
Property Type
House
Property Taxes
$578
HOA Dues
$110
Year Built
2003

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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 #72109527)

Price History

Date / Event Date Event Price
Apr 3, 2017 Sold
Premium
Sold
Jan 17, 2017 Listed by Front Door Realty $374,900
Listed by Front Door Realty
Oct 16, 2006 Sold
Premium
Sold
May 19, 2006 Listed by Front Door Realty $399,900
Listed by Front Door Realty
Nov 24, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,625
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 1,625
  • Gross Building Area: 1,625
  • Building Area: 1,625
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,625
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:036.0 B:0000 L:0006.W
  • Lot: 6.W
  • Municipality: LANCASTER
  • Latitude: 42.4422
  • Longitude: -71.7101

    Address

  • Full Address: 76 Shannon Way
  • Address - House Number: 76
  • Address - Street Name: Shannon
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2953
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $836,100

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 561,644
  • High Value: 658,095
  • Low Value: 465,192

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,400
  • Assessed Land Value: $51,700
  • Assessed Improvements Value: $434,700

    Sales

  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33020
  • Previous Sale Recording Date: Oct 16, 2006
  • Previous Sale Amount: $387,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2402 ft²

Average Home Age

63.4 years

Currently For Sale

2051 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: 5 months ago
Data Source: MLS PIN, MLS# 72109527

Frequently Asked Questions

When was property at 76 Shannon Way built and last sold?
The property at 76 Shannon Way was built in 2003 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 76 Shannon Way is $384,945.
What are some comparable homes to 76 Shannon Way?
There are currently no comparable homes to 76 Shannon Way.
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