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Worcester
2 Sherri Ln
$330,000
● House - Off Market

2 Sherri Ln

Leicester, MA 01524
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,078 Ft²
$642,050
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Imagine cozy nights in front of the family room's large stone gas fireplace.Lovely living room with cathedral ceiling. Large spa-like master bath suite, master bedroom has access to out door deck. Two additional bedrooms with a private bath. The home office has a separate entrance.The lower level includes a media room & three additional rooms,incl. bedroom to suit your family's needs. A two car garage is attached to this home. Set on 1.23 acres in a beautiful cul de sac, this home truly has it all !
Unit Size
2,078 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$165
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
2003

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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: 6 months ago (MLSPIN #71558557)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Jul 22, 2013 Listed by RE/MAX Acclaim $343,500
Listed by RE/MAX Acclaim

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 2,078
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,483
  • Total Building Area: 3,637
  • Gross Building Area: 5,214
  • Building Area: 3,637
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,637
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001228
  • 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:011 B:00A3.13 L:0
  • Block: A3.13
  • Municipality: LEICESTER
  • Latitude: 42.2618
  • Longitude: -71.9216

    Address

  • Full Address: 2 Sherri Ln
  • Address - House Number: 2
  • Address - Street Name: Sherri
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Leicester
  • Carrier Code: R001
  • 4-Digit Zip Code: 1880
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $658,400

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 650,745
  • High Value: 760,017
  • Low Value: 541,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $512,000
  • Assessed Land Value: $75,300
  • Assessed Improvements Value: $436,700

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46131
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

2379 ft²

Average Home Age

65.5 years

Currently For Sale

1984 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: 6 months ago
Data Source: MLS PIN, MLS# 71558557

Frequently Asked Questions

When was property at 2 Sherri Lane built and last sold?
The property at 2 Sherri Lane was built in 2003 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 2 Sherri Lane is $356,074.
What are some comparable homes to 2 Sherri Lane?
There are currently no comparable homes to 2 Sherri Lane.
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