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Leominster 01453
37 Jay Ave
$225,000
● House - Off Market

37 Jay Ave

Leominster, MA 01453
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$342,315
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Tidy raised ranch in quiet neighborhood.  Desirable area close to schools, shopping, highways, restaurants and more.  Super clean with two bedrooms on the main level and an option for a third in the finished basement.  Off the kitchen is a screened in porch, great for enjoying time outside pest free.   Decent yard with storage shed.  1 car garage under...   Showings begin at open house!
Unit Size
924 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$244
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1983

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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: 5 months ago (MLSPIN #72421948)

Price History

Date / Event Date Event Price
Dec 26, 2018 Sold
Premium
Sold
Nov 8, 2018 Listed by Tavarez Realty Group, Inc. $225,000
Listed by Tavarez Realty Group, Inc.
Jan 10, 2018 Sold
Premium
Sold
Oct 3, 2017 Listed by Tavarez Realty Group, Inc. $210,000
Listed by Tavarez Realty Group, Inc.
Dec 18, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 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: 13,718
  • Total Building Area: 924
  • Gross Building Area: 1,956
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 924
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000315
  • 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: 709203

Geography

  • Parcel: LEOM M:0502 B:0067 L:0000
  • Block: 67
  • Municipality: LEOMINSTER
  • Latitude: 42.496
  • Longitude: -71.7412

    Address

  • Full Address: 37 Jay Ave
  • Address - House Number: 37
  • Address - Street Name: Jay
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Leominster
  • Carrier Code: R003
  • 4-Digit Zip Code: 4948
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,300

    Appraisal Valuation

  • Standard Deviation: 0.2783
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 331,045
  • High Value: 423,204
  • Low Value: 238,886

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,100
  • Assessed Land Value: $113,700
  • Assessed Improvements Value: $195,400

    Sales

  • Current Sale Contract Date: Dec 26, 2018
  • Current Sale Recording Date: Dec 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22766
  • Previous Sale Recording Date: Jan 10, 2018
  • Previous Sale Amount: $207,000
  • 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

54

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# 72421948

Frequently Asked Questions

When was property at 37 Jay Avenue built and last sold?
The property at 37 Jay Avenue was built in 1983 and last sold on Dec 26, 2018 for $225,000.
How much is this home worth?
The estimated value of the home located at 37 Jay Avenue is $227,877.
What are some comparable homes to 37 Jay Avenue?
There are currently no comparable homes to 37 Jay Avenue.
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