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Worcester
25ABC Peter Salem Rd #LOT123
$329,000
● House - Off Market

25ABC Peter Salem Rd #LOT123

Leicester, MA 01524
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,096 Ft²
$621,105
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Nearly 5 Acres and 2 Additional ANR Buildable Lots. This Absolutely Massive 3100sf Contemporary Home is Hidden Away on a Tranquil almost 5 Acre Country Lot. This Stunning Home features 5 Bedrooms 3.5 Baths and offers an Amazing layout. Huge Sky Lit Ceramic Tiled Kitchen with Granite Countertops, Stainless Steel Appliances and Loaded with Cabinetry, Breakfast Bar and Eat In Nook, a Spacious Formal Dining Room leading to the Sunken Fireplaced Living Room which is backed up by the Huge Fireplaced Family Room, Gleaming Hardwoods, Laundry Room, Finished Walk out Lower Level with separate entrance that would make for a perfect In Law set up. This Home also offers a New Roof, some Windows and Heating System. Oversized 2 Car Garage. Need space for an In Law...The possibilities are endless.
Unit Size
3,096 Ft²
Days on Market
-
Land Size
4.84 acres
Price per sqft
$119
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1978

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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: 5 months ago (MLSPIN #72043464)

Price History

Date / Event Date Event Price
Jan 25, 2021 Sold
Premium
Sold
Oct 20, 2020 Listed by LeRoux Realty Group $449,900
Listed by LeRoux Realty Group
Jan 3, 2017 Sold
Premium
Sold
Jul 26, 2016 Listed by LeRoux Realty Group $369,900
Listed by LeRoux Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 1,872
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 210,833
  • Total Building Area: 3,096
  • Gross Building Area: 4,163
  • Building Area: 3,096
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,096
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004840
  • 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:030 B:0000A10 L:0
  • Block: A10
  • Municipality: LEICESTER
  • Latitude: 42.2271
  • Longitude: -71.9081

    Address

  • Full Address: 25 Peter Salem Rd
  • Address - House Number: 25
  • Address - Street Name: Peter Salem
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leicester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1267
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $556,800

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 564,414
  • High Value: 657,078
  • Low Value: 471,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,000
  • Assessed Land Value: $79,800
  • Assessed Improvements Value: $353,200

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10953
  • Previous Sale Recording Date: Jan 03, 2017
  • Previous Sale Amount: $329,000
  • Previous Sale Document Type: O
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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 72043464

Frequently Asked Questions

When was property at 25 Peter Salem Road built and last sold?
The property at 25 Peter Salem Road was built in 1978 and last sold on Jan 13, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 25 Peter Salem Road is $477,748.
What are some comparable homes to 25 Peter Salem Road?
There are currently no comparable homes to 25 Peter Salem Road.
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