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Leominster 01453
28 4th Ave
$260,000
● House - Off Market

28 4th Ave

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,550 Ft²
$378,830
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

WELL KEPT THREE BEDROOM CAPE!!  HOME OFFERS A FIRST FLOOR MASTER BEDROOM, SPACIOUS LIVING ROOM, KITCHEN WITH BREAKFAST BAR AND SEPARATE DINING AREA.  FULL BATH ON MAIN LEVEL.  TWO GOOD SIZED BEDROOMS UPSTAIRS WITH AN OPEN HALLWAY.  BASEMENT IS PARTIALLY FINISHED WITH A LARGE FAMILY ROOM AND WOOD STOVE.  HOME IS SITED ON .18 ACRES WITH A PARTIALLY FENCED IN YARD.  FAVORABLE LOCATION WITH EASY ACCESS TO MAJOR HIGHWAYS, SCHOOLS, TOWN, MALL AND AREA AMENITIES.  OFF STREET PARKING AND A SHED ON PREMISES.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$168
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1967

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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: 6 months ago (MLSPIN #72582252)

Price History

Date / Event Date Event Price
Jan 3, 2020 Sold
Premium
Sold
Oct 18, 2019 Listed by Mary Foley Real Estate $260,000
Listed by Mary Foley Real Estate
Nov 2, 2018 Sold
Premium
Sold
May 14, 2018 Listed by Mary Foley Real Estate $184,900
Listed by Mary Foley Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 8,000
  • Total Building Area: 1,326
  • Gross Building Area: 2,687
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 709400

Geography

  • Parcel: LEOM M:0157 B:0248 L:0000
  • Block: 248
  • Municipality: LEOMINSTER
  • Latitude: 42.5177
  • Longitude: -71.7367

    Address

  • Full Address: 28 4th Ave
  • Address - House Number: 28
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Leominster
  • Carrier Code: C030
  • 4-Digit Zip Code: 4414
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $484,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 407,980
  • High Value: 476,115
  • Low Value: 339,845

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,700
  • Assessed Land Value: $96,100
  • Assessed Improvements Value: $215,600

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126
  • Previous Sale Recording Date: Nov 02, 2018
  • Previous Sale Amount: $182,700
  • Previous Sale Document Type: 71
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

$269

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2217 ft²

Average Home Age

83.2 years

Currently For Sale

94 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: 6 months ago
Data Source: MLS PIN, MLS# 72582252

Frequently Asked Questions

When was property at 28 4th Avenue built and last sold?
The property at 28 4th Avenue was built in 1967 and last sold on Jan 3, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 28 4th Avenue is $271,205.
What are some comparable homes to 28 4th Avenue?
There are currently no comparable homes to 28 4th Avenue.
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