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Leominster 01453
12 Third Ave
$380,000
● House - Off Market

12 Third Ave

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,310 Ft²
$362,723
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this well maintained 3-bedroom cape. On the main level of this home, you will find the kitchen, living room, dining room, full bathroom and one bedroom. On the second level you will find two bedrooms, one includes custom built-in cabinets and hidden storage.  The spacious basement has plenty of storage space. Even with a bathroom, washer and dryer, bar and built in storage there is still plenty of open space. The yard is clean open and level.  With a detached garage and paved driveway, there is plenty of off-street parking. This house is conveniently located less than 1 mile from route 2, less than 1 mile from Whitney Field mall, about 2 miles from Orchard Hill Park Drive Shopping Center, less than 3 miles from Health Alliance Hospital, close to public and private schools, parks and restaurants.
Unit Size
1,310 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$279
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #73150902)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 26, 2023 In contract -
In contract
Aug 22, 2023 Listed by Pradium Realty $365,000
Listed by Pradium Realty
Nov 29, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Total Building Area: 1,310
  • Gross Building Area: 3,120
  • Building Area: 1,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,310
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MECHANIC STREET 1919
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leominster School District
  • School Tax School District: LEOMINSTER SD
  • Census Tract: 709400

Geography

  • Parcel: LEOM M:0156 B:0285 L:0000
  • Block: 285
  • Municipality: LEOMINSTER
  • Latitude: 42.5185
  • Longitude: -71.7372

    Address

  • Full Address: 12 3rd Ave
  • Address - House Number: 12
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Leominster
  • Carrier Code: C030
  • 4-Digit Zip Code: 4429
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,900

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 399,570
  • High Value: 477,773
  • Low Value: 321,367

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,700
  • Assessed Land Value: $99,500
  • Assessed Improvements Value: $204,200

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13525
  • Previous Sale Recording Date: Nov 29, 2000
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: 27
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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2239 ft²

Average Home Age

76.8 years

Currently For Sale

101 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: 5 months ago
Data Source: MLS PIN, MLS# 73150902

Frequently Asked Questions

When was property at 12 3rd Avenue built and last sold?
The property at 12 3rd Avenue was built in 1955 and last sold on Sep 29, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 12 3rd Avenue is $370,024.
What are some comparable homes to 12 3rd Avenue?
There are currently no comparable homes to 12 3rd Avenue.
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