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Worcester
1641 Main Street
$170,000
● House - Off Market

1641 Main Street

Leicester, MA 01524
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,160 Ft²
$249,917
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

WOW!!! INCREDIBLE PRICE !!!  NOT A SHORT SALE OR FORCLOSURE!  What an opportunity to own this Cape Cod home set on 2.6 level acres of green lawn. Wonderful three bedroom Cape offers a great layout with a firplaced living room. Hardwood floors. Two story two car garage offers endless possibilities of an in home business with the location offering so much potential for the future. Economical updated gas heating.1.5 baths. First floor laundry. Town  sewer. Seller is very motivated and says SELL! Look at this price!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
2.67 acres
Price per sqft
$142
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72369365)

Price History

Date / Event Date Event Price
Oct 19, 2018 Sold
Premium
Sold
Jul 27, 2018 Listed by ERA Key Realty Services- Spenc $165,000
Listed by ERA Key Realty Services- Spenc

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,086
  • Total Building Area: 1,160
  • Gross Building Area: 1,968
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEICESTER
  • Land Acres: 0000000668
  • 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: 735100

Zoning

  • Zoning: HB1

Geography

  • Parcel: LEIC M:18A B:00000A9 L:0
  • Block: A9
  • Municipality: LEICESTER
  • Latitude: 42.2488
  • Longitude: -71.9392

    Address

  • Full Address: 1641 Main St
  • Address - House Number: 1641
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Leicester
  • Carrier Code: R001
  • 4-Digit Zip Code: 1916
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $352,400

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 336,254
  • High Value: 403,630
  • Low Value: 268,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,000
  • Assessed Land Value: $59,300
  • Assessed Improvements Value: $214,700

    Sales

  • Current Sale Recording Date: Oct 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111391
  • Previous Sale Recording Date: Oct 21, 2011
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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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Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72369365

Frequently Asked Questions

When was property at 1641 Main Street built and last sold?
The property at 1641 Main Street was built in 1929 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 1641 Main Street is $175,575.
What are some comparable homes to 1641 Main Street?
There are currently no comparable homes to 1641 Main Street.
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