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Worcester
23 Pine Ridge Drive
Photo of 23 Pine Ridge Drive
Sold on Jul 15, 2008

1

Map

$220,000
● House - Off Market

23 Pine Ridge Drive

Leicester, MA 01524
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$425,498
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Growing family? This large 3 Bedroom Cape home is situated on a very private and quiet cul de sac and is ready to move in! Ample room for everyone, with a warm and inviting floor plan. Lots of beautiful hardwood flooring! Semi finished basement area, great for a family room and lots of additional space for storage or a workshop. Nicely manicured lawn with perennial gardens. Close to Rt 9, but far enough away to enjoy the serenity and peace and quiet!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$155
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1977

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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 #70760880)

Price History

Date / Event Date Event Price
Jul 15, 2008 Sold
Premium
Sold
May 13, 2008 Listed $225,000
Listed
Sep 16, 2003 Sold
Premium
Sold
May 5, 2003 Listed $234,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,625
  • Total Building Area: 1,456
  • Gross Building Area: 2,580
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000657
  • 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: R1

Geography

  • Parcel: LEIC M:27B B:00A11.5 L:0
  • Block: A11.5
  • Municipality: LEICESTER
  • Latitude: 42.2407
  • Longitude: -71.9376

    Address

  • Full Address: 23 Pine Ridge Dr
  • Address - House Number: 23
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leicester
  • Carrier Code: R001
  • 4-Digit Zip Code: 2013
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,200

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 397,017
  • High Value: 471,102
  • Low Value: 322,932

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,000
  • Assessed Land Value: $73,700
  • Assessed Improvements Value: $224,300

    Sales

  • Current Sale Recording Date: Jul 15, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00080107
  • Previous Sale Recording Date: Sep 16, 2003
  • Previous Sale Amount: $231,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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 months ago
Data Source: MLS PIN, MLS# 70760880

Frequently Asked Questions

When was property at 23 Pine Ridge Drive built and last sold?
The property at 23 Pine Ridge Drive was built in 1977 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 23 Pine Ridge Drive is $237,022.
What are some comparable homes to 23 Pine Ridge Drive?
There are currently no comparable homes to 23 Pine Ridge Drive.
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