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Lunenburg 01462
93 Fairview Road
Photo of 93 Fairview Road
Sold on Oct 30, 2008

1

Map

$170,000
● Land - Off Market

93 Fairview Road

Lunenburg, MA 01462
bedrooms
Studio
bathrooms
0 Bath
$348,153
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

ATTENTION BUILDERS! A prime location on a dead-end country lane within 1 mile of town center. 1.4 Acres abutting privately owned open space. A beautiful setting, tranquility and breathtaking views. Lot size allows for expansion of on-site structure Being Sold As Is (Yr. built 1937); Zoning Bylaw does not apply requiring Demolition Delay of Significant Building, per Historic Commission. Portion of sewer betterment already paid. Not a Short Sale. Not Bank Owned.
Unit Size
-
Days on Market
-
Land Size
1.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$226
HOA Dues
-
Year Built
1937

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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 #70808252)

Price History

Date / Event Date Event Price
Oct 31, 2008 Sold
Premium
Sold
Aug 18, 2008 Listed $174,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 728
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 1,165
  • Gross Building Area: 2,544
  • Building Area: 1,165
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,165
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • 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: 712102

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620800001600000
  • Parcel: LUNE M:080.0 B:0016 L:0000.0
  • Block: 16
  • Municipality: LUNENBURG
  • Latitude: 42.5856
  • Longitude: -71.7255

    Address

  • Full Address: 93 Fairview Rd
  • Address - House Number: 93
  • Address - Street Name: Fairview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2049
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,200

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 398,819
  • High Value: 477,571
  • Low Value: 320,067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,800
  • Assessed Land Value: $127,400
  • Assessed Improvements Value: $189,400

    Sales

  • Current Sale Recording Date: Oct 31, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18171
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 Lunenburg

Stats & Trends

Median Asking:

$518,000

Sale Price/ft²

$309

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2953 ft²

Average Home Age

73.9 years

Currently For Sale

11 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# 70808252

Frequently Asked Questions

When was property at 93 Fairview Road built and last sold?
The property at 93 Fairview Road was built in 1937 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 93 Fairview Road is $176,649.
What are some comparable homes to 93 Fairview Road?
There are currently no comparable homes to 93 Fairview Road.
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