1 year on rocket

40 Beach Ave, Lancaster, MA, 01523

$199,000

Home List Price

$2,363*

Closing Credit

1 Bedroom
1 Full Bath
576 SqFt
$345/SqFt
House

Location

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40 Beach Ave, Lancaster$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1940
HeatingOther
CoolingOther
WaterfrontBeach, Lake Front
MLS #73129126
Lot Size0.15 Acres
StatusActive

About 40 Beach Ave

Dreaming of a location for a home on a lovely New England pond? This seasonal property is located in the Spectacle Pond Association portion of Spectacle Pond. There is an annual fee for the association and the buyer will need to do their own due diligence about this.This seasonal property has not been lived in for several years and probably needs a total renovation.Since this is an estate sale the seller will be able to apply for a license to sell only when there is a fully executed offer and Purchase & Sale agreement. Cash only sales may be the only option due to the condition of the seasonal property.Electricity is not turned on.There is no central heating system. The well is shared with at least 1 other property but the property has it's own septic system.No basement.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1940
  • Living Area: 576 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Commonwealth Real Estate
  • Office Phone: (781) 862-0202
  • Listing Agent: Clif LaPorte

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Beach, Lake Front

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Old Union Turnpike to Spec Pond Ave to Beach Ave. Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $2,551
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lancaster, MA.

Med. Sold Price

$555.1K

Med. Price/SqFt

$290

Avg. Days On Market

43

# of Sold Homes

5

40 Beach Ave vs Lancaster

567 DAYS ON ROCKET

+524 Days

$199,000

-$356.1K Less

$345/SqFt

+$55 More

KEY TAKEAWAY

This property is $356.1K less than the Median Sold Price and $55/SqFt more than other homes in Lancaster, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73129126

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Commonwealth Real Estate
  • Office Phone: (781) 862-0202
  • Listing Agent: Clif LaPorte

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,551$127,700
2020$2,477$124,800
2019$2,370$120,000
2018$2,260$113,100

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1879413
6
/10
  • Lura A White Elementary School

  • 34 Lancaster Rd

  • 2.30 miles

  • Public District Grades KG-5

school-card-donut-1879414
5
/10
  • Mary Rowlandson Elementary School

  • 103 Hollywood Dr

  • 2.91 miles

  • Public District Grades PK-5

school-card-donut-1879415
5
/10
  • Frances Drake Elementary School

  • 95 Viscoloid Ave

  • 3.48 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,124. Residents of Lancaster, MA typically earn between $100k-200k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Beach Ave

What is the listing price of this property?

The listing price of 40 Beach Ave property is $199,000.

What type of property is this?

The property 40 Beach Ave is a house located in Lancaster, Massachusetts, 01523.

Is this property for sale now?

Active Listing: 40 Beach Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,551 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40 Beach Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 40 Beach Ave is 576 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Beach Ave is 1940.

Rocket HomesMassachusettsWorcester CountyLancaster0152340 Beach Ave

This home is located at 40 Beach Ave in Lancaster, MA and zip code 01523. This 576 square foot home, which was built in 1940, sits on a 0.15 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 23, 2023 and is currently priced at $199,000.

While more than 1 listings in Lancaster, MA in December 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 1 were sold below. In December 2024 in Lancaster, MA there were 44.4% less homes for sale than in November 2024. While the average time on the market in December 2024 was 43 days, the median list price was $555,125.

From Rocket Homes Real Estate and based on county public records data.

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