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Worcester
8 Marcel Ln
$205,000
● House - Off Market

8 Marcel Ln

Blackstone, MA 01504
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,592 Ft²
$448,412
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

***HUGE $40,000 PRICE DROP*** Rare lender-owned waterfront on Lake Hiawatha in Blackstone! Make this your home, or a second home! Spacious ranch with in-law potential. Open floorplan with wonderful water views. Vaulted ceilings, exposed beams. Needs cosmetics throughout but is not in bad condition. Failed Title V is buyer's responsibility, system needs to be replaced.
Unit Size
2,592 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$89
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1984

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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 #71546915)

Price History

Date / Event Date Event Price
Nov 1, 2013 Sold
Premium
Sold
Jun 25, 2013 Listed by Keller Williams Realty $229,900
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 12,362
  • Total Building Area: 2,592
  • Gross Building Area: 5,192
  • Building Area: 2,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,592
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Blackstone-Millville School District
  • School Tax School District: BLACKSTN-MILLVL
  • Census Tract: 747101

Geography

  • Account Number: 1593
  • Parcel: BLAC M:0019 B:0000 L:35&36
  • Lot: 35,36
  • Municipality: BLACKSTONE
  • Latitude: 42.057
  • Longitude: -71.499

    Address

  • Full Address: 8 Marcel Ln
  • Address - House Number: 8
  • Address - Street Name: Marcel
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Blackstone
  • Carrier Code: R003
  • 4-Digit Zip Code: 1408
  • Zip Code: 01504

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $892,600

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 558,188
  • High Value: 655,330
  • Low Value: 461,045

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $546,600
  • Assessed Land Value: $232,300
  • Assessed Improvements Value: $314,300

    Sales

  • Current Sale Recording Date: Nov 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 131557
  • Previous Sale Recording Date: Nov 01, 2013
  • Previous Sale Amount: $205,000
  • 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

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# 71546915

Frequently Asked Questions

When was property at 8 Marcel Lane built and last sold?
The property at 8 Marcel Lane was built in 1984 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 8 Marcel Lane is $257,102.
What are some comparable homes to 8 Marcel Lane?
There are currently no comparable homes to 8 Marcel Lane.
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