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Worcester
42 Logan St
$302,000
● House - Off Market

42 Logan St

Leicester, MA 01611
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,496 Ft²
$323,499
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Adorable cape in convenient and private location!  Great first home, bring your ideas and make this one your very own. Efficient kitchen with great natural light  is open to a spacious dining area featuring built-in cabinet and character.  Large living room for entertaining. First floor bedroom with half bathroom provides the option for single-floor living. Two bedrooms upstairs and a laundry room complete the main house.   Full basement with potential to be finished. Attached garage with tons of storage.  Back yard patio and spacious lawn for enjoying the outdoors this summer.  This one won't last!
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$187
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1970

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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 years ago (MLSPIN #72838871)

Price History

Date / Event Date Event Price
Jul 22, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Lamacchia Realty, Inc. $279,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,496
  • Gross Building Area: 3,418
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 735200

Zoning

  • Zoning: R2

Geography

  • Parcel: LEIC M:33A B:00000B9 L:0
  • Block: B9
  • Municipality: LEICESTER
  • Latitude: 42.2374
  • Longitude: -71.8732

    Address

  • Full Address: 42 Logan St
  • Address - House Number: 42
  • Address - Street Name: Logan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cherry Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 3269
  • Zip Code: 01611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $328,600

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 352,075
  • High Value: 425,142
  • Low Value: 279,009

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,500
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $201,300

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102404
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 5 years ago
Data Source: MLS PIN, MLS# 72838871

Frequently Asked Questions

When was property at 42 Logan Street built and last sold?
The property at 42 Logan Street was built in 1970 and last sold on Jul 22, 2021 for $302,000.
How much is this home worth?
The estimated value of the home located at 42 Logan Street is $0.
What are some comparable homes to 42 Logan Street?
There are currently no comparable homes to 42 Logan Street.
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