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Worcester
131 Mccarthy Ave
$389,000
● House - Off Market

131 Mccarthy Ave

Leicester, MA 01611
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$395,777
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Renovated, move-in ready 3 bedroom 1 1/2 bath home on a 26,000 sq ft lot at the very end of a private dead-end street. Features include a brand new kitchen with white shaker cabinets, quartz countertops and stainless steel appliances, breakfast nook, fireplaced living/dining room, double vanity in upstairs bath, hardwood floors throughout, new fha heating system and central a/c, attached garage, attic storage, huge backyard, extra large storage shed and parking for 6+ cars. Open houses Saturday 2/11 and Sunday 2/12 from 11-1.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$312
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #73077609)

Price History

Date / Event Date Event Price
Mar 22, 2023 Sold
Premium
Sold
Feb 19, 2023 In contract -
In contract
Feb 9, 2023 Listed by Ocean Blue Real Estate LLC $389,000
Listed by Ocean Blue Real Estate LLC
Sep 23, 2022 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 26,059
  • Total Building Area: 1,248
  • Gross Building Area: 1,802
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000598
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leicester School District
  • School Tax School District: LEICESTER SD
  • Census Tract: 735200

Zoning

  • Zoning: R1

Geography

  • Parcel: LEIC M:33A B:00000K7 L:0
  • Block: K7
  • Municipality: LEICESTER
  • Latitude: 42.2355
  • Longitude: -71.8646

    Address

  • Full Address: 131 Mccarthy Ave
  • Address - House Number: 131
  • Address - Street Name: Mccarthy
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Cherry Valley
  • Carrier Code: C015
  • 4-Digit Zip Code: 3268
  • Zip Code: 01611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $241,500

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 323,931
  • High Value: 384,380
  • Low Value: 263,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,800
  • Assessed Land Value: $56,100
  • Assessed Improvements Value: $131,700

    Sales

  • Current Sale Contract Date: Mar 22, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22372
  • Previous Sale Recording Date: Sep 23, 2022
  • Previous Sale Contract Date: Aug 17, 2022
  • Previous Sale Amount: $201,000
  • Previous Sale Document Type: 34
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73077609

Frequently Asked Questions

When was property at 131 McCarthy Avenue built and last sold?
The property at 131 McCarthy Avenue was built in 1945 and last sold on Mar 22, 2023 for $389,000.
How much is this home worth?
The estimated value of the home located at 131 McCarthy Avenue is $392,067.
What are some comparable homes to 131 McCarthy Avenue?
There are currently no comparable homes to 131 McCarthy Avenue.
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