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Leominster 01453
40 Regina Drive
$250,000
● House - Off Market

40 Regina Drive

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$350,055
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Sweet 3 bedroom ranch on a double lot in Leominster has so much potential! Large open rooms and a spacious sun room are great for entertaining. In-ground crystal clear swimming pool is fun for everyone! This ideal oversized location just outside of downtown Leominster with a one-car garage does need a fresh coat of paint on the inside and new kitchen appliances but will easily become a lovable home for many years to come. New roof in 2016, new windows in 2017. The location and size of this great ranch style house with the partially finished basement are just right!  Bring your final touches to make this house a terrific value. Come and see this one!
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$192
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1961

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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: 6 months ago (MLSPIN #72549327)

Price History

Date / Event Date Event Price
Oct 16, 2019 Sold
Premium
Sold
Aug 14, 2019 Listed by Keller Williams Realty North Central $239,000
Listed by Keller Williams Realty North Central

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 9,518
  • Total Building Area: 1,248
  • Gross Building Area: 2,886
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • 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: 709100

Geography

  • Parcel: LEOM M:0492 B:0009 L:0000
  • Block: 9
  • Municipality: LEOMINSTER
  • Latitude: 42.5109
  • Longitude: -71.7742

    Address

  • Full Address: 40 Regina Dr
  • Address - House Number: 40
  • Address - Street Name: Regina
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leominster
  • Carrier Code: C015
  • 4-Digit Zip Code: 6214
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 424,932
  • High Value: 495,898
  • Low Value: 353,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,800
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $212,700

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18288
  • Previous Sale Recording Date: Aug 10, 2017
  • Previous Sale Document Type: 27
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

$269

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2232 ft²

Average Home Age

83.8 years

Currently For Sale

90 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72549327

Frequently Asked Questions

When was property at 40 Regina Drive built and last sold?
The property at 40 Regina Drive was built in 1961 and last sold on Oct 10, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 40 Regina Drive is $247,866.
What are some comparable homes to 40 Regina Drive?
There are currently no comparable homes to 40 Regina Drive.
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