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Worcester 01462
77 Chase Rd
$450,000
● House - Off Market

77 Chase Rd

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,624 Ft²
$2,669
Est. Monthly

About This Property

Adorable ranch set far back off the road for privacy.  New septic system, Featuring 3 bedrooms and 2 full baths, 14x22 Main Bedroom with full bath.   Very well maintained over the years with many updates.  Large storage shed.. 15 x 16 deck off the dining room to enjoy the private back yard surrounded by trees.  Hardwood, ceramic tile and carpet flooring.  Full basement with heat zone.  Whalom Lake approximately 1 mile away with public beach and boat launch area. Commuter rail system a few miles away in Leominster and Fitchburg Ma., great for commuters.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$274
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1966

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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 #73269099)

Price History

Date / Event Date Event Price
Oct 31, 2024 Sold
Premium
Sold
Aug 26, 2024 In contract -
In contract
Jul 24, 2024 Listed by Karen Carnivale Real Esta $444,900
Listed by Karen Carnivale Real Esta
Dec 1, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,120
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,284
  • Total Building Area: 1,624
  • Gross Building Area: 3,304
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000810
  • 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: 1620580004200000
  • Parcel: LUNE M:058.0 B:0042 L:0000.0
  • Block: 42
  • Municipality: LUNENBURG
  • Latitude: 42.5978
  • Longitude: -71.7508

    Address

  • Full Address: 77 Chase Rd
  • Address - House Number: 77
  • Address - Street Name: Chase
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 1201
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594,700

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 514,011
  • High Value: 602,268
  • Low Value: 425,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,800
  • Assessed Land Value: $98,300
  • Assessed Improvements Value: $308,500

    Sales

  • Current Sale Recording Date: Dec 01, 1994
  • Current Sale Price:
    Premium
  • Current 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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: 4 months ago
Data Source: MLS PIN, MLS# 73269099

Frequently Asked Questions

When was property at 77 Chase Road built and last sold?
The property at 77 Chase Road was built in 1966 and last sold on Jan 1, 1970 for $123,000.
How much is this home worth?
The estimated value of the home located at 77 Chase Road is $450,757.
What are some comparable homes to 77 Chase Road?
There are currently no comparable homes to 77 Chase Road.
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