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Leominster 01453
29 Crabtree Ln
$515,000
● House - Off Market

29 Crabtree Ln

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$530,420
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Charming colonial home with an inviting farmers porch located at the end of a quiet cul-de-sac. Nice open floor plan w/ two story foyer and hardwood throughout the first floor. Updated kitchen complete with granite, backsplash, and stainless steel appliances. Family room w/ fireplace and access out onto a private back deck and patio. Dining room is open to the kitchen. Main suite has a vaulted ceiling, full bath and walk-in closet. Two more bedrooms and another full bath also on the second floor. Large full basement which offers room for additional expansion. Two car garage and plenty of parking. Nice and flat fenced-in backyard. Town water/sewer. So much to love about this special property that has lovingly been cared for by its current owners.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$300
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
2012

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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 #73021533)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Aug 4, 2022 Listed by Compass $510,000
Listed by Compass
Feb 28, 2018 Sold
Premium
Sold
Dec 14, 2017 Listed by Compass $350,000
Listed by Compass
Aug 29, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 23,076
  • Total Building Area: 1,552
  • Gross Building Area: 3,246
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • 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:0398 B:0015 L:0005
  • Block: 15
  • Lot: 5
  • Municipality: LEOMINSTER
  • Latitude: 42.4854
  • Longitude: -71.7599

    Address

  • Full Address: 29 Crabtree Ln
  • Address - House Number: 29
  • Address - Street Name: Crabtree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Leominster
  • Carrier Code: R005
  • 4-Digit Zip Code: 5979
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $708,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 552,341
  • High Value: 651,097
  • Low Value: 453,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,700
  • Assessed Land Value: $130,500
  • Assessed Improvements Value: $325,200

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17464
  • Previous Sale Recording Date: Feb 28, 2018
  • Previous Sale Amount: $351,000
  • 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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2236 ft²

Average Home Age

79.8 years

Currently For Sale

99 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# 73021533

Frequently Asked Questions

When was property at 29 Crabtree Lane built and last sold?
The property at 29 Crabtree Lane was built in 2012 and last sold on Sep 23, 2022 for $515,000.
How much is this home worth?
The estimated value of the home located at 29 Crabtree Lane is $504,768.
What are some comparable homes to 29 Crabtree Lane?
There are currently no comparable homes to 29 Crabtree Lane.
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