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Worcester
92 Lyman Rd
$950,000
● House - Off Market

92 Lyman Rd

Berlin, MA 01503
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,845 Ft²
$971,342
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Wonderful Colonial home in gorgeous 4.35 acre setting. Private, yet close to everything!  Hardwood floors & ceramic tile thru out.  Andersen Renewal windows & doors, central air, crown molding on entire 1st flr w/cherry paneled family rm, large reproduction rumford fireplace. Large windows in back of house face south for passive solar heat & brightness. Surround sound system in family room. Salt water in-ground pool, brick patio & 3 season porch. Portable generator w/hookup.  Fantastic 2 stall Barn with aisle, tack room, water & electricity, large hayloft, storage/equipment garage and run-out's directly to paddock. Perfect for your four legged friends! No animals?? Convert to vehicle storage, workshop or possible home office (?) to name a few!   Conservation trails for miles of enjoyment.
Unit Size
3,845 Ft²
Days on Market
-
Land Size
4.35 acres
Price per sqft
$253
Property Type
House
Property Taxes
$961
HOA Dues
-
Year Built
1992

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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 #73099108)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
May 26, 2023 In contract -
In contract
Apr 14, 2023 Temporarily off market -
Temporarily off market
Apr 14, 2023 Listed by Integrity Residential Brokerage LLC $974,000
Listed by Integrity Residential Brokerage LLC
Apr 5, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,468
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 189,336
  • Total Building Area: 3,619
  • Gross Building Area: 5,636
  • Building Area: 3,619
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,619
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004347
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Berlin School District
  • Census Tract: 717100

Geography

  • District: 28
  • Parcel: BERL M:0050 B:0024 L:0000-0
  • Block: 24
  • Municipality: BERLIN
  • Latitude: 42.3683
  • Longitude: -71.6468

    Address

  • Full Address: 92 Lyman Rd
  • Address - House Number: 92
  • Address - Street Name: Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Berlin
  • Carrier Code: R001
  • 4-Digit Zip Code: 1804
  • Zip Code: 01503

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,257,700

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 1,172,189
  • High Value: 1,272,237
  • Low Value: 1,072,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $986,400
  • Assessed Land Value: $287,000
  • Assessed Improvements Value: $699,400

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56818
  • Previous Sale Recording Date: Jun 13, 2013
  • Previous Sale Amount: $667,500
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73099108

Frequently Asked Questions

When was property at 92 Lyman Road built and last sold?
The property at 92 Lyman Road was built in 1992 and last sold on Jul 11, 2023 for $950,000.
How much is this home worth?
The estimated value of the home located at 92 Lyman Road is $976,839.
What are some comparable homes to 92 Lyman Road?
There are currently no comparable homes to 92 Lyman Road.
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