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Worcester 01523
842 Langen Rd
$189,900
● House - Off Market

842 Langen Rd

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,044 Ft²
$320,597
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

BACK ON MARKET- Buyer unable to get financing.  Spacious New England Cape Style home on lovely country setting with farmland views!. Property has charm and features a formal living room with F/P.  Hardwood Flooring in formal Dining Room! Full walk out lower level has finished rooms and full bathroom. Vaulted Mudroom/Laundry on Entry with exposed beams and skylights.  ... Property must be listed in MLS for 48 hours before seller response to offers. Seller offers up to $500 toward a buyer purchased home warranty but must be written in offer. Accepted Offers are subject to executed seller contracts & P&S without changes.  AS IS SALE! Price reflects failed title 5 -
Unit Size
2,044 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$93
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #71993695)

Price History

Date / Event Date Event Price
Apr 4, 2017 Sold
Premium
Sold
Sep 28, 2016 Sold
Premium
Sold
Apr 25, 2016 Listed by RE/MAX Advantage 1 $189,900
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,064
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 2,044
  • Gross Building Area: 2,044
  • Building Area: 2,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCASTER
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:033.0 B:0000 L:0007.0
  • Lot: 7.0
  • Municipality: LANCASTER
  • Latitude: 42.4523
  • Longitude: -71.6883

    Address

  • Full Address: 842 Langen Rd
  • Address - House Number: 842
  • Address - Street Name: Langen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2844
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675,200

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 501,129
  • High Value: 595,855
  • Low Value: 406,404

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,800
  • Assessed Land Value: $90,900
  • Assessed Improvements Value: $301,900

    Sales

  • Current Sale Recording Date: Apr 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33704
  • Previous Sale Recording Date: Sep 28, 2016
  • Previous Sale Amount: $189,900
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 71993695

Frequently Asked Questions

When was property at 842 Langen Road built and last sold?
The property at 842 Langen Road was built in 1950 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 842 Langen Road is $212,244.
What are some comparable homes to 842 Langen Road?
There are currently no comparable homes to 842 Langen Road.
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