Seller's Agent in 2024
John Mulryan
Lamacchia Realty, Inc.
(508) 713-2212
1 in this area
135 Total Sales
56 Neck Rd Lancaster, MA 01523
6
Beds
5
Baths
4,005
Sq Ft
2
Acres
Highlights
- In Ground Pool
- Scenic Views
- Deck
- Luther Burbank Middle School Rated A-
- 2 Acre Lot
- Wooded Lot
About This Home
As of August 2024Seller has assumable mortgage rate of 2.875% Market Value of monthly rental income: Over $7000! Whether you are an investor or homeowner looking for additional income or a mortgage helper, this property has so much to offer! Located near historic downtown Lancaster this impressive property offers 4 apartments, additional bonus area over garage, and an inground pool for residents to enjoy! The deck spaces offer a fantastic spot for morning coffee, watching the foliage change, and enjoying the summer months. The well-maintained apartments feature many upgrades and offer spacious living, thermal windows, efficient propane heat and beautiful views of the stunning backyard. The gorgeous main entryway provides convenient coin operated laundry for tenants and additional income. Each apartment has separately metered heat and hot water. The property offers plenty of off-street parking with a two-car garage, carport and large driveway
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,069
Year Built
- Built in 1900
Lot Details
- 2 Acre Lot
- Fenced
- Level Lot
- Cleared Lot
- Wooded Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,005 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Insulated Windows
- Insulated Doors
- Living Room
- Dining Room
- Scenic Vista Views
Kitchen
- Range
- Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- In Ground Pool
- Bulkhead
- Balcony
- Deck
- Shed
- Porch
Location
- Property is near schools
Schools
- Mary Rowlandson Elementary School
- Luther Burbank Middle School
- Nashoba High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Total Actual Rent $5,700
- Rent includes unit 1(electric water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:034.0 B:0000 L:0079.0,3762810
Community Details
Overview
- 4 Units
- Near Conservation Area
- Property has 1 Level
Building Details
- Net Operating Income $57,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/05/2024 08/05/24 | Sold | $780,000 | -6.0% | $195 / Sq Ft | |
| 06/19/2024 06/19/24 | Pending | -- | -- | -- | |
| 06/11/2024 06/11/24 | For Sale | $829,900 | +56.6% | $207 / Sq Ft | |
| 03/01/2019 03/01/19 | Sold | $530,000 | 0.0% | $132 / Sq Ft | View Prior Sale |
| 02/04/2019 02/04/19 | Pending | -- | -- | -- | |
| 01/27/2019 01/27/19 | For Sale | $530,000 | 0.0% | $132 / Sq Ft | |
| 01/24/2019 01/24/19 | Pending | -- | -- | -- | |
| 12/04/2018 12/04/18 | Price Changed | $530,000 | -3.6% | $132 / Sq Ft | |
| 12/04/2018 12/04/18 | For Sale | $550,000 | 0.0% | $137 / Sq Ft | |
| 09/23/2018 09/23/18 | Pending | -- | -- | -- | |
| 09/04/2018 09/04/18 | For Sale | $550,000 | 0.0% | $137 / Sq Ft | |
| 08/01/2015 08/01/15 | Rented | $1,250 | 0.0% | -- | |
| 07/02/2015 07/02/15 | Under Contract | -- | -- | -- | |
| 06/02/2015 06/02/15 | For Rent | $1,250 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,416 | $768,300 | $130,000 | $638,300 |
| 2024 | $10,984 | $629,100 | $121,000 | $508,100 |
| 2023 | $9,069 | $527,600 | $110,000 | $417,600 |
| 2022 | $10,281 | $528,600 | $111,000 | $417,600 |
| 2021 | $10,214 | $511,200 | $111,000 | $400,200 |
| 2020 | $8,099 | $408,000 | $111,000 | $297,000 |
| 2019 | $7,349 | $372,100 | $111,000 | $261,100 |
| 2018 | $7,115 | $356,100 | $111,000 | $245,100 |
| 2016 | $5,365 | $274,400 | $110,000 | $164,400 |
| 2015 | $5,138 | $273,900 | $110,000 | $163,900 |
| 2014 | $4,884 | $258,300 | $110,000 | $148,300 |
Source: Public Records
Agents Affiliated with this Home
-
John Mulryan
-
Kate Maher Campbell
Seller Co-Listing Agent in 2024
Kate Maher Campbell
Lamacchia Realty, Inc.
(508) 631-5814
1 in this area
23 Total Sales
-
Andrea Aro
A
Buyer's Agent in 2024
Andrea Aro
Benny's Realty Group
(857) 236-9159
1 in this area
65 Total Sales
-
Matthew Straight
Seller's Agent in 2019
Matthew Straight
Coldwell Banker Realty - Leominster
(978) 799-3560
5 in this area
156 Total Sales
-
A
Buyer's Agent in 2019
Amy Polanik
Emerson REALTORS®
-
Tracy Sladen
Seller's Agent in 2015
Tracy Sladen
LAER Realty Partners
(978) 870-7572
1 in this area
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73250402
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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