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Worcester 01523
97 Langen Rd
$300,000
● House - Off Market

97 Langen Rd

Lancaster, MA 01523
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,649 Ft²
$432,361
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Priced to sell!!! In the beautiful town of Lancaster this 2600+ SQ FT home sits on just over 2 acres of land. This property is set back from the road, offering privacy in a perfect commuter location- close to Rt 2 and RT 495. With your TLC this home has amazing potential. Schedule your showing today.
Unit Size
2,649 Ft²
Days on Market
-
Land Size
2.17 acres
Price per sqft
$111
Property Type
House
Property Taxes
$666
HOA Dues
-
Year Built
1987

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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 #72503832)

Price History

Date / Event Date Event Price
Sep 6, 2019 Sold
Premium
Sold
May 20, 2019 Listed by The LUX Group $295,000
Listed by The LUX Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 1,422
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 94,525
  • Total Building Area: 2,649
  • Gross Building Area: 2,649
  • Building Area: 2,649
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,649
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: LANC M:029.0 B:0000 L:0013.A
  • Lot: 13.A
  • Municipality: LANCASTER
  • Latitude: 42.472
  • Longitude: -71.6859

    Address

  • Full Address: 97 Langen Rd
  • Address - House Number: 97
  • Address - Street Name: Langen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2522
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $904,900

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 593,620
  • High Value: 699,590
  • Low Value: 487,649

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,400
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $415,400

    Sales

  • Current Sale Contract Date: Sep 06, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91546
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 72503832

Frequently Asked Questions

When was property at 97 Langen Road built and last sold?
The property at 97 Langen Road was built in 1987 and last sold on Sep 6, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 97 Langen Road is $318,700.
What are some comparable homes to 97 Langen Road?
There are currently no comparable homes to 97 Langen Road.
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