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Worcester 01462
79 Cove Road
$350,000
● House - Off Market

79 Cove Road

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$2,070
Est. Monthly
$27
HOA / Fees

About This Property

*** HIGHEST and BEST Offers due by Wednesday 10-30-24 at noon. Please allow 24 hours for seller to review offers. *** Seller is scheduled to have the new Septic System installed, plans have been approved by the Board of Health. This is your chance to own in the Hickory Hills Private Lake Association. This 1176 square foot ranch has 3 bedrooms, a dining room, open concept kitchen and living room. Sliding door from the kitchen leads to the deck and fenced in backyard. Located on a corner lot with approximately .86 acres of land. Only half a mile to the private Island Road Beach. This is a great opportunity to own in Lunenburg. It is also located less than 10 miles to Lake Shirley.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$287
Property Type
House
Property Taxes
$383
HOA Dues
$27
Year Built
1952

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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 #73262284)

Price History

Date / Event Date Event Price
Dec 13, 2024 Sold
Premium
Sold
Nov 2, 2024 In contract -
In contract
Sep 18, 2024 Relisted $338,000
Relisted
Sep 10, 2024 In contract -
In contract
Jul 10, 2024 Listed by Keller Williams Realty North Central $338,000
Listed by Keller Williams Realty North Central
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,679
  • Total Building Area: 1,176
  • Gross Building Area: 1,624
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000865
  • 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: 1620240012100000
  • Parcel: LUNE M:024.0 B:0121 L:0000.0
  • Block: 121
  • Municipality: LUNENBURG
  • Latitude: 42.6197
  • Longitude: -71.6984

    Address

  • Full Address: 79 Cove Rd
  • Address - House Number: 79
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1166
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 422,979
  • High Value: 479,026
  • Low Value: 366,933

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,900
  • Assessed Land Value: $112,100
  • Assessed Improvements Value: $202,800

    Sales

  • Current Sale Recording Date: Mar 10, 1976
  • 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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 73262284

Frequently Asked Questions

When was property at 79 Cove Road built and last sold?
The property at 79 Cove Road was built in 1952 and last sold on Jan 1, 1970 for $24,000.
How much is this home worth?
The estimated value of the home located at 79 Cove Road is $341,560.
What are some comparable homes to 79 Cove Road?
There are currently no comparable homes to 79 Cove Road.
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