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Hanson 02341
8 Lakeside Terrace
$195,000
● House - Off Market

8 Lakeside Terrace

Hanson, MA 02341
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$795,419
RealtyHop Estimate
280.58%
Since Nov 1, 1995
National-US
Primary Model

About This Property

LOCATED FIVE MINUTES FROM FUTURE TRAIN STATION THIS 2000 SQ FOOT COLONIAL BOASTS HARDWOOD FLOORS 2 CAR GARAGE UNDER A WALKUP ATTIC TO A17X16 FINISHED OFFICE SPACE AND A FIREPLACE IN THE FAMILY ROOM THAT IS OPEN TO THE KITHEN
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$105
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1989

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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 years ago (MLSPIN #30066275)

Price History

Date / Event Date Event Price
Aug 3, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed $550,000
Listed
Oct 27, 1995 Sold
Premium
Sold
Sep 3, 1995 Listed $209,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,187
  • Total Building Area: 2,392
  • Building Area: 2,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000693
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hanover School District
  • Census Tract: 522101

Zoning

  • Zoning: 100

Geography

  • Account Number: 3778
  • Parcel: HANS M:88 B:0 P:7-1L
  • Municipality: HANSON
  • Latitude: 42.0706
  • Longitude: -70.8484

    Address

  • Full Address: 8 Lakeside Ter
  • Address - House Number: 8
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Hanson
  • Carrier Code: R005
  • 4-Digit Zip Code: 1438
  • Zip Code: 02341

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 669,582
  • High Value: 801,121
  • Low Value: 538,043

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,800
  • Assessed Land Value: $184,600
  • Assessed Improvements Value: $413,200

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88131
  • Previous Sale Recording Date: Oct 27, 1995
  • Previous Sale Amount: $195,000
  • 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 Hanson

Stats & Trends

Median Asking:

$507,450

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1554 ft²

Average Home Age

82.1 years

Currently For Sale

0 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 years ago
Data Source: MLS PIN, MLS# 30066275

Frequently Asked Questions

When was property at 8 Lakeside Terrace built and last sold?
The property at 8 Lakeside Terrace was built in 1989 and last sold on Aug 2, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 8 Lakeside Terrace is $0.
What are some comparable homes to 8 Lakeside Terrace?
There are currently no comparable homes to 8 Lakeside Terrace.
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