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Worcester 01523
93 Ponakin Rd.
Photo of 93 Ponakin Rd.
Sold on Nov 16, 2011

1

Map

$215,000
● House - Off Market

93 Ponakin Rd.

Lancaster, MA 01523
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,196 Ft²
$526,326
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

Strating out or downsizing this could be the Ranch style home for you. Spacious living room w/HW flooring under w/wcarpet & picture window. Dining area off kitchen w/island leads to enclosed sunroom overlooking landscaped back yard, pond & farm land beyond. Master bdrm features HW flooing, dbl cosets & 1/2 bath. Additional 2 bdrms feature HW flooring. Lower level family/game room features brick fireplace for cozy winter evenings. Walk out leads to covered patio and rear yard area.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$191
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1965

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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: 2 months ago (MLSPIN #71242159)

Price History

Date / Event Date Event Price
Nov 16, 2011 Sold
Premium
Sold
Jun 1, 2011 Listed by Aberman Associates, Inc. $229,000
Listed by Aberman Associates, Inc.
Oct 26, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,196
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN E MARTIN
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:025.0 B:0000 L:0022.0
  • Lot: 22.0
  • Municipality: LANCASTER
  • Latitude: 42.4766
  • Longitude: -71.6828

    Address

  • Full Address: 93 Ponakin Rd
  • Address - House Number: 93
  • Address - Street Name: Ponakin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2425
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,800

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 479,440
  • High Value: 563,241
  • Low Value: 395,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,400
  • Assessed Land Value: $80,500
  • Assessed Improvements Value: $278,900

    Sales

  • Current Sale Recording Date: Nov 16, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000011
  • Previous Sale Recording Date: Oct 26, 1992
  • Previous Sale Amount: $131,500
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2405 ft²

Average Home Age

63.4 years

Currently For Sale

2042 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: 2 months ago
Data Source: MLS PIN, MLS# 71242159

Frequently Asked Questions

When was property at 93 Ponakin Road built and last sold?
The property at 93 Ponakin Road was built in 1965 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 93 Ponakin Road is $236,400.
What are some comparable homes to 93 Ponakin Road?
There are currently no comparable homes to 93 Ponakin Road.
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