Worcester
39 Spring Street
$350,000
●
House -
Off Market
39 Spring Street
Leicester, MA 01524
2 Beds
1 Bath
850 Ft²
$1,864
Est. Monthly
About This Property
Completely renovated 2 bedroom ranch conveniently located within
walking distance to the library, area fooderies, public
transportation, town common and more! New 200 amp electrical
service, all new plumbing, new roof, new siding, new flooring, new
kitchen with all new appliances, new bathroom with all new fixtures
and washer/dryer hookups. New deck, windows and doors. Updated down
to and including the studs! Town water and sewer.
Heating is electric with an amazing woodstove that heats the
entire house! Walk out basement is great for storage and
workshop. Great commuting location close to all major routes.
Perfect condo alternative, starter home or downsizer!
Single level living at its' best!
Unit Size
850 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$400
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1945
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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 #73247824)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by ERA Key Realty Services- Spenc | $339,900 | |
| Listed by ERA Key Realty Services- Spenc | |||
| | |||
|
Completely renovated 2 bedroom ranch conveniently located within walking distance to the library, area fooderies, public transportation, town common and more! New 200 amp electrical service, all new plumbing, new roof, new siding, new flooring, new kitchen with all new appliances, new bathroom with all new fixtures and washer/dryer hookups. New deck, windows and doors. Updated down to and including the studs! Town water and sewer. Heating is electric with an amazing woodstove that heats the entire house! Walk out basement is great for storage and workshop. Great commuting location close to all major routes. Perfect condo alternative, starter home or downsizer! Single level living at its' best!
| |||
| Dec 6, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 1, 2023 | Listed by ERA Key Realty Services- Spenc | $225,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
| | |||
|
Brand new roof on this single level property! Seeking Cash Buyers, Investors & Contractors ~ great project in a wonderful location for this 2 bedroom ranch. House has been gutted to make finishing much easier. Due to the condition, purchase will require cash or possible rehab loan only. 7'x11' sunroom off of kitchen, electric is fuses, oil heat, town water and sewer. Walk out basement to rear yard. Water is currently turned off. Buyers and buyers agent responsible to perform due diligence. Center of town location. Walk to library, bus transportation, local eateries, town common. Great commuting location!
| |||
| Sep 7, 2023 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Building Info
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