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Worcester 01462
762 Flat Hill Road
$298,000
● House - Off Market

762 Flat Hill Road

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,905 Ft²
$460,212
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Spacious cape style home with seasonal views of Lake Shirley. Great floor plan with first floor Master Bedroom with direct access to full bath, open kitchen/dining/family area,  living room with stone fireplace and large mud room. Upstairs are 2 front to back bedrooms,full bath walk in attic. Nice dry basement with laundry and workshop area. Large detached storage shed for outdoor equipment or small animal shelter. Almost 2 acres - open sunny lot!  Freshly painted in and out! New carpet! New kitchen counter top and flooring. Nice private location!
Unit Size
1,905 Ft²
Days on Market
-
Land Size
1.90 acres
Price per sqft
$157
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1984

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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 #72288675)

Price History

Date / Event Date Event Price
Apr 25, 2018 Sold
Premium
Sold
Mar 3, 2018 Listed by CENTURY 21 Nashoba Associates $299,900
Listed by CENTURY 21 Nashoba Associates
Jul 29, 2002 Sold
Premium
Sold
Apr 14, 2002 Listed by CENTURY 21 Nashoba Associates $284,900
Listed by CENTURY 21 Nashoba Associates

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2003
  • 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: 1,116
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 82,831
  • Total Building Area: 1,920
  • Gross Building Area: 3,564
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001902
  • 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: RB

Geography

  • Account Number: 1621230003800000
  • Parcel: LUNE M:123.0 B:0038 L:0000.0
  • Block: 38
  • Municipality: LUNENBURG
  • Latitude: 42.5675
  • Longitude: -71.6843

    Address

  • Full Address: 762 Flat Hill Rd
  • Address - House Number: 762
  • Address - Street Name: Flat Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 2153
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $630,700

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 536,340
  • High Value: 638,351
  • Low Value: 434,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,400
  • Assessed Land Value: $133,300
  • Assessed Improvements Value: $298,100

    Sales

  • Current Sale Recording Date: Apr 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6432
  • Previous Sale Recording Date: Jul 29, 2002
  • Previous Sale Amount: $280,000
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72288675

Frequently Asked Questions

When was property at 762 Flat Hill Road built and last sold?
The property at 762 Flat Hill Road was built in 1984 and last sold on Jan 1, 1970 for $298,000.
How much is this home worth?
The estimated value of the home located at 762 Flat Hill Road is $315,748.
What are some comparable homes to 762 Flat Hill Road?
There are currently no comparable homes to 762 Flat Hill Road.
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