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Worcester 01606 Indian Hill
86 Lanesboro Road
$209,900
● House - Off Market

86 Lanesboro Road

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,036 Ft²
$317,523
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Back on market! Open house Sat 11:30- 1pm. Previous buyer caught a case of "cold feet"! Bring your checkbook because this house is priced to sell! Spacious living at its finest! Modern 3 bedroom home nestled on an oversized lot in a highly coveted location. Cabinet packed kitchen, tile floors, patio and privacy make this home a rare find. InLaw potential as this home has a lot of space and is already set for expansion in basement.  Sweat equity opportunity! Basement needs some rehab and restoration work. Will not qualify for FHA/Conventional financing.  Rehab financing may be required. Excellent opportunity for a family and/or investor.  Ideal location for commuting. Quick closing desired.
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$203
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1987

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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 #72316208)

Price History

Date / Event Date Event Price
Sep 14, 2018 Sold
Premium
Sold
Apr 26, 2018 Listed by Witness Pro $209,900
Listed by Witness Pro
Aug 31, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 700
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,410
  • Total Building Area: 1,036
  • Gross Building Area: 2,316
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 32-057-00003
  • Parcel: WORC M:32 B:057 L:00003
  • Block: 57
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.3292
  • Longitude: -71.805

    Address

  • Full Address: 86 Lanesboro Rd
  • Address - House Number: 86
  • Address - Street Name: Lanesboro
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 1322
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $529,000

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 423,686
  • High Value: 508,682
  • Low Value: 338,689

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,900
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $265,600

    Sales

  • Current Sale Recording Date: Sep 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97683
  • Previous Sale Recording Date: Aug 31, 1988
  • Previous Sale Amount: $136,000
  • 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 Indian Hill

Stats & Trends

Median Asking:

$434,450

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2170 ft²

Average Home Age

67.6 years

Currently For Sale

8 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# 72316208

Frequently Asked Questions

When was property at 86 Lanesboro Road built and last sold?
The property at 86 Lanesboro Road was built in 1987 and last sold on Jan 1, 1970 for $209,900.
How much is this home worth?
The estimated value of the home located at 86 Lanesboro Road is $216,495.
What are some comparable homes to 86 Lanesboro Road?
There are currently no comparable homes to 86 Lanesboro Road.
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