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Worcester 01462
369 Leominster Rd
$392,000
● House - Off Market

369 Leominster Rd

Lunenburg, MA 01462
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,116 Ft²
$572,179
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Five year young quality built Colonial loaded with great features;  vinyl clad exterior, 2 car garage, flowing floor plan with open cherry kitchen including island & granite,  gas fireplace for chilly nights or step out on the deck and watch views into the distance!  4 bdrs includes a master suite with with large walk in closet and master bath; clean  gas heat and central air conditioning. Large walk out lower level with daylight window and sliders to fenced in backyard great for pets.  New front load washer and dryer included .  Great value !
Unit Size
2,116 Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$184
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
2014

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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 #72502258)

Price History

Date / Event Date Event Price
Jul 22, 2019 Sold
Premium
Sold
May 16, 2019 Listed by eXp Realty $389,900
Listed by eXp Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,101
  • Total Building Area: 2,116
  • Gross Building Area: 3,918
  • Building Area: 2,116
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,116
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001770
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lunenburg School District
  • School Tax School District: LUNENBURG SD
  • Census Tract: 712102

Zoning

  • Zoning: RB

Geography

  • Account Number: 1620910000500000
  • Parcel: LUNE M:091.0 B:0005 L:0000.0
  • Block: 5
  • Municipality: LUNENBURG
  • Latitude: 42.5811
  • Longitude: -71.7286

    Address

  • Full Address: 369 Leominster Rd
  • Address - House Number: 369
  • Address - Street Name: Leominster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2033
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $716,800

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 583,073
  • High Value: 677,203
  • Low Value: 488,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,300
  • Assessed Land Value: $112,100
  • Assessed Improvements Value: $378,200

    Sales

  • Current Sale Contract Date: Jul 19, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11912
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

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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# 72502258

Frequently Asked Questions

When was property at 369 Leominster Road built and last sold?
The property at 369 Leominster Road was built in 2014 and last sold on Jul 19, 2019 for $392,000.
How much is this home worth?
The estimated value of the home located at 369 Leominster Road is $402,195.
What are some comparable homes to 369 Leominster Road?
There are currently no comparable homes to 369 Leominster Road.
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