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288 Lancaster St

Leominster, MA 01453

9 bd 3 ba 3,081 sqft Built 1922 Lot 10,890 sqft multi_family
Most recent sale
$505,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $505,000 MLS #73015267
Jul 21, 2022 Listed $474,900 MLS #73015267
Nov 29, 2016 Sold $263,000 MLS #72060038
Oct 13, 2016 Relisted $269,900 MLS #72060038
Sep 15, 2016 Relisted $269,900 MLS #72060038
Aug 30, 2016 Listed $269,900 MLS #72060038
Jun 17, 1996 Sold $120,000 Public Record
Oct 19, 1992 Sold $104,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $423,100 $120,600 $543,700 $7,628
2024 $362,600 $114,800 $477,400 $6,927
2023 $323,300 $99,800 $423,100 $6,575
2022 $256,800 $86,800 $343,600 $5,690
2021 $242,700 $67,600 $310,300 $5,626
2020 $205,000 $67,600 $272,600 $4,901
2019 $205,000 $64,300 $269,300 $4,993
2018 $180,700 $62,400 $243,100 $4,699
2017 $138,100 $58,300 $196,400 $3,875
2016 $125,900 $58,300 $184,200 $3,607
2015 $125,900 $58,300 $184,200 $3,581
2014 $127,400 $61,500 $188,900 $3,568
2006 $171,200 $80,200 $251,400 $2,713
2005 $164,400 $59,400 $223,800 $2,632
2004 $102,900 $53,000 $155,900 $1,974
2003 $91,700 $53,000 $144,700 $1,881

Property facts

Year built
1922
Property type
multi_family
Stories
6
Beds
9
Baths
3
Living area
3,081 sqft
Lot size
10,890 sqft
ZIP code
01453
City
Leominster
Street
Lancaster St
Coordinates
42.51607, -71.74930

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,030
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 288 Lancaster St last sell?
288 Lancaster St most recently sold on Aug 31, 2022 for $505,000.
What is the current tax assessment for 288 Lancaster St?
The most recent total assessment for 288 Lancaster St (year 2025) is $543,700 with $7,628 in property tax.
How does 288 Lancaster St's assessment compare to its last sale price?
The current assessment is 7.7% above the last sale price of $505,000.
When was 288 Lancaster St built?
288 Lancaster St was built in 1922.
How does 288 Lancaster St compare to others on Lancaster St?
We track 8 other properties on Lancaster St. Browse the list under "Other properties on Lancaster St" to compare beds, baths, and sale history.
What are the property facts for 288 Lancaster St?
288 Lancaster St is a 9 bed, 3 bath, 3,081 sqft, 10,890 sqft lot multi_family.
Is 288 Lancaster St a flip candidate?
No — 288 Lancaster St does not appear in our flips dataset.
Is 288 Lancaster St a tax-appeal candidate?
No — 288 Lancaster St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.1%
Implied 1-yr
-8.3%
2026 Q3
$363.6K
2026 Q4
$358.1K
ZIP 01453 — Median Price History + Forecast

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