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Worcester
3 Tanglewood Road
$197,400
● House - Off Market

3 Tanglewood Road

Leicester, MA 01524
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,734 Ft²
$297,105
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Great starter home. Six rooms, three bedrooms, one full bath and a one car garage. Nice location close to Route 9 and the Hillcrest Country Club. Large kitchen/dining area. Partially finished basement with a plenty of storage. Nice size deck. Town water and Title V is in hand. Large driveway with plenty of parking. This is a great solid home ready for a new owner who wants to make it their own.
Unit Size
1,734 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$110
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1958

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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 #72268785)

Price History

Date / Event Date Event Price
Feb 20, 2018 Sold
Premium
Sold
Jan 8, 2018 Listed by Salisbury Management $189,900
Listed by Salisbury Management

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,500
  • Total Building Area: 1,734
  • Gross Building Area: 2,712
  • Building Area: 1,734
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,734
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000379
  • 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:30B B:00000C5 L:0
  • Block: C5
  • Municipality: LEICESTER
  • Latitude: 42.2314
  • Longitude: -71.9124

    Address

  • Full Address: 3 Tanglewood Rd
  • Address - House Number: 3
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leicester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1617
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $355,100

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 374,371
  • High Value: 451,171
  • Low Value: 297,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,100
  • Assessed Land Value: $71,900
  • Assessed Improvements Value: $204,200

    Sales

  • Current Sale Recording Date: Feb 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16541
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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 months ago
Data Source: MLS PIN, MLS# 72268785

Frequently Asked Questions

When was property at 3 Tanglewood Road built and last sold?
The property at 3 Tanglewood Road was built in 1958 and last sold on Jan 1, 1970 for $197,400.
How much is this home worth?
The estimated value of the home located at 3 Tanglewood Road is $208,530.
What are some comparable homes to 3 Tanglewood Road?
There are currently no comparable homes to 3 Tanglewood Road.
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