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Leominster 01453
22 Stephens Rd
$364,900
● House - Off Market

22 Stephens Rd

Leominster, MA 01453
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,392 Ft²
$392,422
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This adorable ranch-style house is situated in wonderful neighborhood in Leominster, MA. The home features an open floor plan and a large backyard. The spacious living room has hardwood floors and a wood burning fireplace. The kitchen is convenient for everyday use and features stainless steel appliances, ample counter space, and white ceramic tiles with access to the back 3-season porch.  The first floor has 2 bedrooms, a den/3rd bedroom and full bathroom. The large basement is partially finished, and has served in the past as an in-law apt, playroom, bedroom, exercise room.  It has a large cedar closet, 1/2 bathroom and ample space for entertaining. This house is extremely comfortable and welcoming. It will be a wonderful home for your family to gather.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$266
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1963

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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 #73054495)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Nov 9, 2022 In contract -
In contract
Nov 2, 2022 Listed by OWN IT, A 100% Commission Brokerage $369,900
Listed by OWN IT, A 100% Commission Brokerage
Aug 20, 1986 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 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: 9,740
  • Total Building Area: 1,392
  • Gross Building Area: 2,988
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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: 709201

Geography

  • Parcel: LEOM M:0560 B:0041 L:0000
  • Block: 41
  • Municipality: LEOMINSTER
  • Latitude: 42.512
  • Longitude: -71.7702

    Address

  • Full Address: 22 Stephens Rd
  • Address - House Number: 22
  • Address - Street Name: Stephens
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leominster
  • Carrier Code: C015
  • 4-Digit Zip Code: 4630
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 421,434
  • High Value: 500,717
  • Low Value: 342,151

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,500
  • Assessed Land Value: $103,400
  • Assessed Improvements Value: $210,100

    Sales

  • Current Sale Contract Date: Dec 15, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22209
  • Previous Sale Recording Date: Aug 20, 1986
  • Previous Sale Amount: $127,000
  • 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

$267

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2278 ft²

Average Home Age

78.5 years

Currently For Sale

102 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: 4 months ago
Data Source: MLS PIN, MLS# 73054495

Frequently Asked Questions

When was property at 22 Stephens Road built and last sold?
The property at 22 Stephens Road was built in 1963 and last sold on Dec 15, 2022 for $364,900.
How much is this home worth?
The estimated value of the home located at 22 Stephens Road is $374,242.
What are some comparable homes to 22 Stephens Road?
There are currently no comparable homes to 22 Stephens Road.
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