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Leominster 01453
44 Constitution Drive
$635,000
● House - Off Market

44 Constitution Drive

Leominster, MA 01453
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,573 Ft²
$742,514
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

You'll love this gorgeous custom-built home in one of Leominster's most desirable neighborhoods.  Tucked away in the hills of the West Side, abutting endless acreage of City owned land, this one of a kind property has it all.  Beautiful views, southwest facing back yard and in-ground pool, great room with fireplace and exposed beams, huge kitchen, formal dining room, and a layout that can accommodate multi-generational living with a bedroom and full bathroom on every level of the house.
Unit Size
4,573 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$153
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
1986

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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: 4 months ago (MLSPIN #73055303)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Dec 1, 2022 In contract -
In contract
Nov 22, 2022 Relisted $699,900
Relisted
Nov 15, 2022 In contract -
In contract
Nov 3, 2022 Listed by Central Mass Real Estate $699,900
Listed by Central Mass Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 25,016
  • Total Building Area: 3,607
  • Gross Building Area: 7,644
  • Building Area: 3,607
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,607
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • 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:0363 B:0034 L:0000
  • Block: 34
  • Municipality: LEOMINSTER
  • Latitude: 42.5283
  • Longitude: -71.7866

    Address

  • Full Address: 44 Constitution Dr
  • Address - House Number: 44
  • Address - Street Name: Constitution
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leominster
  • Carrier Code: C002
  • 4-Digit Zip Code: 2533
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $866,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 713,349
  • High Value: 840,893
  • Low Value: 585,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,600
  • Assessed Land Value: $66,100
  • Assessed Improvements Value: $491,500

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22936
  • Previous Sale Recording Date: Nov 20, 2013
  • Previous Sale Amount: $387,500
  • 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:

$470,000

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2280 ft²

Average Home Age

76.8 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73055303

Frequently Asked Questions

When was property at 44 Constitution Drive built and last sold?
The property at 44 Constitution Drive was built in 1986 and last sold on Dec 29, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 44 Constitution Drive is $702,821.
What are some comparable homes to 44 Constitution Drive?
There are currently no comparable homes to 44 Constitution Drive.
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