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Worcester
226 Pine St
Photo of 226 Pine St

8

Map

Photo of 226 Pine St
Photo of 226 Pine St
$299,900
● House - Off Market

226 Pine St

Leicester, MA 01524
bedrooms
1 Bed
bathrooms
1 Bath
square feet
752 Ft²
$1,680
Est. Monthly

About This Property

Privacy & Serene.  Set High on a hill with approx 1/2 acre cleared and the additional 3+/- Acres of woods including a river which runs trhough the land. This 1 bedroom home has additional space on the 2nd level with possibilities of expansion. Recent Roof within 6 years. Great place for single person looking for a smaller home. Or, Great home to start off in. Build Equity. Access the additional 3+/- acres and imagine the possibilities. 2 car garage/storage has a dirt floor. Additional Pellet Stove Heat Source. Wood burning stove in basement has not been used by this owner.
Unit Size
752 Ft²
Days on Market
-
Land Size
3.25 acres
Price per sqft
$399
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1928

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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: 3 days ago (MLSPIN #73584080)

Price History

Date / Event Date Event Price
Jan 23, 2019 Sold
Premium
Sold
Oct 18, 2018 Listed by A-1 Realty of MA LLC $149,900
Listed by A-1 Realty of MA LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 752
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 141,572
  • Total Building Area: 752
  • Gross Building Area: 1,754
  • Building Area: 752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 752
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003250
  • 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:029 B:00000A9 L:0
  • Block: A9
  • Municipality: LEICESTER
  • Latitude: 42.2342
  • Longitude: -71.9202

    Address

  • Full Address: 226 Pine St
  • Address - House Number: 226
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 1624
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $226,600

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 236,422
  • High Value: 282,801
  • Low Value: 190,042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,200
  • Assessed Land Value: $75,700
  • Assessed Improvements Value: $100,500

    Sales

  • Current Sale Contract Date: Jan 02, 2019
  • Current Sale Recording Date: Jan 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6410
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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

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Last Updated: 3 days ago
Data Source: MLS PIN, MLS# 73584080

Frequently Asked Questions

When was property at 226 Pine Street built and last sold?
The property at 226 Pine Street was built in 1928 and last sold on Jan 2, 2019 for $134,000.
How much is this home worth?
The estimated value of the home located at 226 Pine Street is $154,910.
What are some comparable homes to 226 Pine Street?
There are currently no comparable homes to 226 Pine Street.
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