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Worcester 01523
79 Deershorn Road
$840,000
● House - Off Market

79 Deershorn Road

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,300 Ft²
$869,622
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

New construction ranch style home in Lancaster MA, set on 3.69 acres, featuring an open floor plan with a bonus room above the oversized 2 car garage. This custom home offers 4 bedrooms, 3 1/2 baths, and 3,311 +/- sq ft of heated/cooled space. The chef's kitchen features high end appliances, marble countertops, an oversized island, and a walk-in pantry. Cabinets designed by Dodd Woodworking to keep organized. No shortage of space in this kitchen! The modern dining room flows to the family room filled with natural light. Open floor plan has custom built-ins, gas fireplace, 9ft ceilings, crown molding, wainscotting, and hardwood floors throughout. The unfinished walkout basement offers closed cell spray foam providing great potential for additional living space.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
3.69 acres
Price per sqft
$258
Property Type
House
Property Taxes
$790
HOA Dues
-
Year Built
2019

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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 #72972812)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Equity Properties Inc. $850,000
Listed by Equity Properties Inc.
Jul 5, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,541
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 160,736
  • Total Building Area: 3,165
  • Building Area: 3,165
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,165
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:041.0 B:0000 L:0034.D
  • Lot: 34.D
  • Municipality: LANCASTER
  • Latitude: 42.4374
  • Longitude: -71.7045

    Address

  • Full Address: 79 Deershorn Rd
  • Address - House Number: 79
  • Address - Street Name: Deershorn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1818
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,411,100

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 930,626
  • High Value: 1,082,053
  • Low Value: 779,199

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $820,900
  • Assessed Land Value: $120,100
  • Assessed Improvements Value: $700,800

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80600
  • Previous Sale Recording Date: Jul 05, 2018
  • Previous Sale Amount: $140,000
  • 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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 72972812

Frequently Asked Questions

When was property at 79 Deershorn Road built and last sold?
The property at 79 Deershorn Road was built in 2019 and last sold on Jul 22, 2022 for $840,000.
How much is this home worth?
The estimated value of the home located at 79 Deershorn Road is $858,589.
What are some comparable homes to 79 Deershorn Road?
There are currently no comparable homes to 79 Deershorn Road.
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