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Leominster 01453
28 Forest Rd
$200,000
● House - Off Market

28 Forest Rd

Leominster, MA 01453
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,216 Ft²
$314,603
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Looking to downsize and live by a lake, this is your chance, cute and cozy bungalow, with deck off the kitchen, enclosed porch with big windows, good size eat in kitchen. Master bedroom with ample closet space, living room with picture window looking over Lake Samoset.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$181
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72611909)

Price History

Date / Event Date Event Price
Mar 20, 2020 Sold
Premium
Sold
Jan 25, 2020 Listed by 1 Worcester Homes $220,000
Listed by 1 Worcester Homes
May 19, 1989 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 5,000
  • Total Building Area: 1,216
  • Gross Building Area: 1,856
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 709201

Geography

  • Parcel: LEOM M:0474 B:3808 L:0000
  • Block: 3808
  • Municipality: LEOMINSTER
  • Latitude: 42.4955
  • Longitude: -71.7599

    Address

  • Full Address: 28 Forest Rd
  • Address - House Number: 28
  • Address - Street Name: Forest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leominster
  • Carrier Code: R005
  • 4-Digit Zip Code: 5108
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 338,740
  • High Value: 404,457
  • Low Value: 273,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,000
  • Assessed Land Value: $91,800
  • Assessed Improvements Value: $167,200

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4639
  • Previous Sale Recording Date: May 19, 1989
  • Previous Sale Amount: $99,000
  • 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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2284 ft²

Average Home Age

77.6 years

Currently For Sale

97 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: 4 years ago
Data Source: MLS PIN, MLS# 72611909

Frequently Asked Questions

When was property at 28 Forest Road built and last sold?
The property at 28 Forest Road was built in 1954 and last sold on Mar 18, 2020 for $200,000.
How much is this home worth?
The estimated value of the home located at 28 Forest Road is $226,117.
What are some comparable homes to 28 Forest Road?
There are currently no comparable homes to 28 Forest Road.
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