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South Lancaster 01523
91 Parker
$189,000
● House - Off Market

91 Parker

Lancaster, MA 01523
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,219 Ft²
$409,810
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

Beautifully maintained cozy 2 bedroom home in very convenient location with easy access to major highways. Truly move-in condition with many recent updates including kitchen, bathroom and freshly refinished hardwood floors. Roof replaced in 2008. Meticulously maintained landscaping with a serene back yard which includes a koi pond. Perfect house for a first time home buyer or as a condo alternative.
Unit Size
1,219 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$156
Property Type
House
Property Taxes
$246
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 #71424225)

Price History

Date / Event Date Event Price
Aug 24, 2020 Sold
Premium
Sold
Oct 31, 2012 Sold
Premium
Sold
Aug 17, 2012 Listed by Philbin Realty and Renovations $189,900
Listed by Philbin Realty and Renovations
Jun 1, 1998 Sold
Premium
Sold
Apr 3, 1998 Listed $129,900
Listed
BEAUTIFULLY MAINTAINED CAPE WITH FABULOUS SUN ROOM OVERLOOKING BOUNTIFUL PERENIEL GARDENS. NEWLY REMOLDED KITCHEN, AND BATH FAB HARDWOOD FLOORS FAMILY ROOM IN BASEMENT WITH WOOD STOVE. CALL TODAY FOR A TOUR!

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 624
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:041.0 B:0000 L:0127.0
  • Lot: 127.0
  • Municipality: LANCASTER
  • Latitude: 42.4381
  • Longitude: -71.6904

    Address

  • Full Address: 91 Parker Rd
  • Address - House Number: 91
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R003
  • 4-Digit Zip Code: 1910
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $473,200

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 354,691
  • High Value: 427,299
  • Low Value: 282,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,300
  • Assessed Land Value: $90,400
  • Assessed Improvements Value: $184,900

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94836
  • Previous Sale Recording Date: Oct 31, 2012
  • Previous Sale Amount: $189,000
  • 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 South Lancaster

Stats & Trends

Median Asking:

$477,450

Sale Price/ft²

$303

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1681 ft²

Average Home Age

92.8 years

Currently For Sale

4 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: 4 months ago
Data Source: MLS PIN, MLS# 71424225

Frequently Asked Questions

When was property at 91 Parker Road built and last sold?
The property at 91 Parker Road was built in 1950 and last sold on Aug 21, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 91 Parker Road is $199,990.
What are some comparable homes to 91 Parker Road?
There are currently no comparable homes to 91 Parker Road.
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