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Worcester 01462
91 Prospect St
$490,000
● House - Off Market

91 Prospect St

Lunenburg, MA 01462
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,235 Ft²
$2,948
Est. Monthly

About This Property

Charming 3-bedroom cape that has 2 updated full bathrooms and expansive yard. Sunny and open concept family/dining room has propane stove, skylights & multiple sliders that lead out to your deck and spacious backyard.  The kitchen features plenty of built in cabinets for storage, stainless steel kitchen appliances with oversized refrigerator and granite counter tops complete with a breakfast bar that overlooks the massive family room. First floor bedroom could also be an office. 2 newly updated full baths and 2 more bedrooms upstairs. The one car garage has an entry into the mudroom. Shed and treehouse round out this great property.  Home is close to shopping, major routes, lakes and trails.
Unit Size
2,235 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$224
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1946

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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 months ago (MLSPIN #73153497)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Premium
Sold
Feb 21, 2024 In contract -
In contract
Feb 9, 2024 Relisted $499,900
Relisted
Jan 29, 2024 In contract -
In contract
Jan 10, 2024 Relisted $499,900
Relisted
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 903
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 2,235
  • Gross Building Area: 3,845
  • Building Area: 2,235
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,235
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • 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: 712101

Zoning

  • Zoning: RB

Geography

  • Account Number: 1620990001500000
  • Parcel: LUNE M:099.0 B:0015 L:0000.0
  • Block: 15
  • Municipality: LUNENBURG
  • Latitude: 42.5785
  • Longitude: -71.7334

    Address

  • Full Address: 91 Prospect St
  • Address - House Number: 91
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2039
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591,500

    Appraisal Valuation

  • Standard Deviation: 0.0856
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 473,900
  • High Value: 514,508
  • Low Value: 433,292

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,600
  • Assessed Land Value: $108,400
  • Assessed Improvements Value: $296,200

    Sales

  • Current Sale Contract Date: Mar 28, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3672
  • Previous Sale Recording Date: Aug 30, 2013
  • Previous Sale Amount: $240,000
  • 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

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73153497

Frequently Asked Questions

When was property at 91 Prospect Street built and last sold?
The property at 91 Prospect Street was built in 1946 and last sold on Mar 28, 2024 for $490,000.
How much is this home worth?
The estimated value of the home located at 91 Prospect Street is $501,609.
What are some comparable homes to 91 Prospect Street?
There are currently no comparable homes to 91 Prospect Street.
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