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Worcester
19 Salminen Dr.
$129,500
● House - Off Market

19 Salminen Dr.

Leicester, MA 01524
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
478 Ft²
$347,305
RealtyHop Estimate
168.19%
Since Nov 1, 2001
National-US
Primary Model

About This Property

100' OF FRONTAGE ON OUTSTANDING POND.  STILES RES. PROPERTY DOES NOT HAVE DRINKING WATER SUPPLY. WATER FOR TOILET CONNECTED TTO HOUSE FROM PUMP AT LAKE.
Unit Size
478 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$271
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #30521853)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Oct 22, 2014 Sold
Premium
Sold
Apr 28, 2006 Sold
Premium
Sold
Oct 1, 2001 Sold
Premium
Sold
Jul 9, 2001 Listed by Fitzpatrick Real Estate $129,500
Listed by Fitzpatrick Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 478
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,800
  • Total Building Area: 620
  • Gross Building Area: 830
  • Building Area: 620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 620
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000363
  • 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: SA

Geography

  • Parcel: LEIC M:42A B:0000A13 L:0
  • Block: A13
  • Municipality: LEICESTER
  • Latitude: 42.2075
  • Longitude: -71.9434

    Address

  • Full Address: 19 Salminen Dr
  • Address - House Number: 19
  • Address - Street Name: Salminen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 2217
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $362,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 354,681
  • High Value: 422,805
  • Low Value: 286,558

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,100
  • Assessed Land Value: $168,200
  • Assessed Improvements Value: $113,900

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116806
  • Previous Sale Recording Date: Oct 22, 2014
  • Previous Sale Amount: $225,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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 years ago
Data Source: MLS PIN, MLS# 30521853

Frequently Asked Questions

When was property at 19 Salminen Drive built and last sold?
The property at 19 Salminen Drive was built in 1920 and last sold on Sep 28, 2022 for $274,000.
How much is this home worth?
The estimated value of the home located at 19 Salminen Drive is $0.
What are some comparable homes to 19 Salminen Drive?
There are currently no comparable homes to 19 Salminen Drive.
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