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Worcester
79 Ann Lees
$325,000
● Land - Off Market

79 Ann Lees

Harvard, MA 01451
bedrooms
Studio
bathrooms
0 Bath
$358,054
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

First time on the market since 1975 when the lot was created!  This is a pleasant 1.54 acre lot with a soon to be approved 5 bedroom septic design.  Take advantage of purchasing this great piece of land and break ground for a new home!   Harvard's bylaw now allows for an accessory rental unit by right - see Town Bylaw for more info. This is possibly one of the very last buildable lots in this great neighborhood.  North end of lot marked by steel pin and red tape.  South end of lot approximately at underground electrical transformer box.  Concrete bollard located up on ridge.  Septic deep holes flagged.  See pictures for more detail.
Unit Size
-
Days on Market
-
Land Size
1.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$369
HOA Dues
-
Year Built
1980

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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 #72906076)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Dec 29, 2021 Sold
Premium
Sold
Oct 8, 2021 Listed by Harvard Realty $325,000
Listed by Harvard Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,082
  • Total Building Area: 0
  • Gross Building Area: 5,688
  • Building Area: 3,264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 3,264
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001540
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761402

Geography

  • Account Number: 1250050010600000
  • District: 125
  • Parcel: HARV M:5 B:106
  • Block: 106
  • Municipality: HARVARD
  • Latitude: 42.5414
  • Longitude: -71.5655

    Address

  • Full Address: 79 Ann Lee Rd
  • Address - House Number: 79
  • Address - Street Name: Ann Lee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Harvard
  • Carrier Code: R001
  • 4-Digit Zip Code: 1218
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $401,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $269,600
  • Assessed Land Value: $269,600

    Sales

  • Current Sale Contract Date: Sep 12, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77913
  • Previous Sale Recording Date: Dec 29, 2021
  • Previous Sale Contract Date: Dec 29, 2021
  • Previous Sale Amount: $325,000
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 72906076

Frequently Asked Questions

When was property at 79 Ann Lees Road built and last sold?
The property at 79 Ann Lees Road was built in 1980 and last sold on Sep 12, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 79 Ann Lees Road is $328,250.
What are some comparable homes to 79 Ann Lees Road?
There are currently no comparable homes to 79 Ann Lees Road.
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