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Worcester
249 Pine Street
$99,900
● Land - Off Market

249 Pine Street

Leicester, MA 01524
bedrooms
Studio
bathrooms
0 Bath
$210,313
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

WOW WHAT A DEAL!!! 12 ACRES FOR UNDER $100K - Nature abounds this private 12 acre premier building lot ~ ready to go ~ lot is cleared, gravel driveway is in and bridge is built that crosses a quaint babbling brook ~  Approved septic design ~ Close to major routes ~ Call listing agent to schedule site walk today.  Builder will sell lot or bring your plans for a complete building package.
Unit Size
-
Days on Market
-
Land Size
12.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$62
HOA Dues
-
Year Built
2014

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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 #71046580)

Price History

Date / Event Date Event Price
Jun 8, 2010 Sold
Premium
Sold
Mar 12, 2010 Listed by RE/MAX Acclaim $99,900
Listed by RE/MAX Acclaim
Jul 6, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 1,134
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 522,722
  • Total Building Area: 2,856
  • Gross Building Area: 5,180
  • Building Area: 2,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,856
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000012000
  • 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:00000B5 L:0
  • Block: B5
  • Municipality: LEICESTER
  • Latitude: 42.232
  • Longitude: -71.9201

    Address

  • Full Address: 249 Pine St
  • Address - House Number: 249
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 1626
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $709,100

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 693,472
  • High Value: 785,360
  • Low Value: 601,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $551,400
  • Assessed Land Value: $94,800
  • Assessed Improvements Value: $456,600

    Sales

  • Current Sale Recording Date: Jun 08, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00059537
  • Previous Sale Recording Date: Jul 06, 2007
  • Previous Sale Amount: $80,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 71046580

Frequently Asked Questions

When was property at 249 Pine Street built and last sold?
The property at 249 Pine Street was built in 2014 and last sold on Jan 1, 1970 for $99,900.
How much is this home worth?
The estimated value of the home located at 249 Pine Street is $100,899.
What are some comparable homes to 249 Pine Street?
There are currently no comparable homes to 249 Pine Street.
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