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Worcester 01523
850 Langen Rd
$270,000
● House - Off Market

850 Langen Rd

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,708 Ft²
$456,513
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Buyers financing fell through so this is back on the market! Spectacular country setting with pastoral views of rolling meadows! This home has been lovingly cared for by the same owners for over 30 years! They have farmed the land which provides multiple gardening area's bearing many vegetables and fruit's! Live off the land! Sprawling 4 bedroom, 2 full bath ranch is ready for a new generation to raise a family and offers incredible views of acres and acres of open pasture. Convenient setting just minutes to highway and shopping. Glorious sun room addition provides a relaxing space to take in the views. Big bright basement adds to the living space potential. Solar hot water heater for added savings! Nearly two and a half acres of level, cleared land. Title V approved. Don't miss out on this one of a kind home!
Unit Size
1,708 Ft²
Days on Market
-
Land Size
2.47 acres
Price per sqft
$155
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1957

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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 #71942611)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Sep 14, 2021 Listed by Keller Williams Realty North Central $389,900
Listed by Keller Williams Realty North Central
Apr 29, 2016 Sold
Premium
Sold
Dec 21, 2015 Listed by Keller Williams Realty North Central $265,000
Listed by Keller Williams Realty North Central

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,708
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,598
  • Total Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001460
  • 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:0008.0
  • Lot: 8.0
  • Municipality: LANCASTER
  • Latitude: 42.4519
  • Longitude: -71.6875

    Address

  • Full Address: 850 Langen Rd
  • Address - House Number: 850
  • 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: $658,500

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 499,489
  • High Value: 583,142
  • Low Value: 415,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,100
  • Assessed Land Value: $105,300
  • Assessed Improvements Value: $277,800

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 168287
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Amount: $270,000
  • 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

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# 71942611

Frequently Asked Questions

When was property at 850 Langen Road built and last sold?
The property at 850 Langen Road was built in 1957 and last sold on Nov 30, 2021 for $438,000.
How much is this home worth?
The estimated value of the home located at 850 Langen Road is $399,391.
What are some comparable homes to 850 Langen Road?
There are currently no comparable homes to 850 Langen Road.
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