158 Lancaster St Leominster, MA 01453

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2 beds · 1 bath · 1,344 sq ft · Lot Size: 13,203 sq ft · Residential Condominium
Est. Property Value: $280,326

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158 Lancaster St is in the 01453 neighborhood of Leominster, MA. It is located in Worcester County and ZIP code 01453. This Residential Condominium was built in 2007 and is approximately 18 years old. The residential condominium spans 1344 sq ft with 2 bedrooms and 1 bathroom and sits on a 13203 sq ft lot. According to public records, it was last sold in 2017 for $189,900 and has a tax-assessed value of $298,680, which is $209 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 158 Lancaster St Leominster, MA 01453 with Property Intel by Whitepages.

Owners & Occupancy for 158 Lancaster St

This property is owned by Patrick Clair Scerra. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

Cell Phone(978) ***-****View Cell Phone
Residence**************
Landline(978) 632-3466
Distance from Property**********
Email Address*********@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 43
Resident 2**************
Resident 3******************** age 39

Property Financials for 158 Lancaster St

158 Lancaster St, Leominster, MA has a mortgage from Loandepot.com Llc (orig. March 06, 2024). The Worcester county assessment for 2024 values it at $298,680, with annual taxes of $4,106.

Mortgage & Equity Information

Loan Amount$****
LenderLoandepot.com Llc
Origination DateMarch 06, 2024
Interest Rate****%
Term25 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateJune 30, 2017
Property Tax Amount$4,106 in 2024
Purchase Price$189,900
Assessed Value$298,680 on 2024

Investment Potential for 158 Lancaster St

The property has a current estimated value of $280,326, which is 5% above the zip median, based on public records. It last sold on June 30, 2017 for $190K. Projected long-term
is $45,000 annually ($3,750 per month) with a 95% occupancy rate.

Discover more Residential Condominiums in 01453.

Long-Term

Gross Rental
$45,000 per year($3,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 01453 zip code
 
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Property Details for 158 Lancaster St

Property Details

Property Sq Ft

Living Area

1,344 sq ft

17% above market

Lot Size

13,203 sq ft

98% below market

Price Per Sq Ft

Living Area

$209 / sq ft

7% below market

Lot Size Area

$21 / sq ft

4539% above market

Property condition, age, exterior, etc. for 158 Lancas…
Longitude: -71.752922 Latitude: 42.519477 Parcel Number (APN): LEOM-000054-000044-000001…

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Discover more residential condominiums near 158 Lancaster St in Leominster, Massachusetts. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 158 Lancaster St in Worcester County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$280,326
$468,013
-$187,687 (-40%)
$711,987
-$263,234 (-37%)
YoY Price Change
Year Built
2007
1985
22 years
Living Space
1,344 sq ft
1,152 sq ft
192 (17%)
$ Per Living Sq Ft
$209
$372
-$163 (-44%)
Lot Size
13,203 sq ft
79,983 sq ft
-66780 (-83%)
$ Per Lot Sq Ft
$21
$5
$16 (327%)

Net Operating Income
$30,624
$2,182 (7%)
Annual Revenue
$45,000
$44,400
$600 (1%)
$13,958
-$1,764 (-13%)
Net Operating Income
$30,624
$2,182 (7%)
Cap Rate
6.56%
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

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