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Worcester 01462
803 Flat Hill Rd
$175,000
● House - Off Market

803 Flat Hill Rd

Lunenburg, MA 01462
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$175,390
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE TODAY 5/3 BY 3:00. ATTENTION investors and builders!!  Corner lot, with nearly an acre of land and a deeded easement  to the high water mark of Lake Shirley!  Add additional living space by building a second level.  Or tear it down and build your dream home.  In this unprecedented market, take advantage of this opportunity to buy low and create value.
Unit Size
672 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$223
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1959

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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 years ago (MLSPIN #72823756)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Apr 30, 2021 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $149,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 672
  • Gross Building Area: 752
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000960
  • 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: 712102

Zoning

  • Zoning: RA

Geography

  • Account Number: 1621230002900000
  • Parcel: LUNE M:123.0 B:0029 L:0000.0
  • Block: 29
  • Municipality: LUNENBURG
  • Latitude: 42.5666
  • Longitude: -71.6862

    Address

  • Full Address: 803 Flat Hill Rd
  • Address - House Number: 803
  • Address - Street Name: Flat Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 2152
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $301,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 263,158
  • High Value: 315,149
  • Low Value: 211,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,400
  • Assessed Land Value: $120,700
  • Assessed Improvements Value: $85,700

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12030
  • Previous Sale Recording Date: Nov 27, 2012
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72823756

Frequently Asked Questions

When was property at 803 Flat Hill Road built and last sold?
The property at 803 Flat Hill Road was built in 1959 and last sold on Jun 2, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 803 Flat Hill Road is $156,032.
What are some comparable homes to 803 Flat Hill Road?
There are currently no comparable homes to 803 Flat Hill Road.
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