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Worcester 01534
46 Lea Ave
$378,000
● House - Off Market

46 Lea Ave

Northbridge, MA 01534
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,768 Ft²
$544,116
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This lovely colonial is in a picturesque and quiet neighborhood.  An easy commute to 146, shoppings and restaurants.  First floor features a great flow and lots of natural light, with family room, living room, dining room and kitchen. Upstairs there is a master suite with walk in closet and attached bath. Two large additional bedrooms with a full bath.  Hardwood floors have recently been added throughout most of the home. An oversized attached two car garage has plenty of room for extra storage or workshop. The beautiful backyard is flat and private and perfect for relaxing and entertaining. The large basement is ready for your finishing! Please watch the video and drive by before scheduling a showing. ALL BUYERS/AGENTS MUST SIGN COVID-19 DISCLOSURE BEFORE SHOWING.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$218
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1993

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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 #72644181)

Price History

Date / Event Date Event Price
May 28, 2020 Sold
Premium
Sold
Apr 15, 2020 Listed by Keller Williams Realty Westborough $384,999
Listed by Keller Williams Realty Westborough
May 13, 2019 Sold
Premium
Sold
Feb 6, 2019 Listed by Keller Williams Realty Westborough $375,000
Listed by Keller Williams Realty Westborough
Jul 23, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 32,250
  • Total Building Area: 1,768
  • Gross Building Area: 3,396
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750200

Geography

  • Parcel: NBRI M:00018 B:00150
  • Block: 150
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1487
  • Longitude: -71.6667

    Address

  • Full Address: 46 Lea Ave
  • Address - House Number: 46
  • Address - Street Name: Lea
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 1176
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $598,200

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 533,509
  • High Value: 650,410
  • Low Value: 416,608

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $461,600
  • Assessed Land Value: $168,400
  • Assessed Improvements Value: $293,200

    Sales

  • Current Sale Contract Date: Apr 06, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54342
  • Previous Sale Recording Date: May 13, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $370,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 72644181

Frequently Asked Questions

When was property at 46 Lea Avenue built and last sold?
The property at 46 Lea Avenue was built in 1993 and last sold on Apr 6, 2020 for $378,000.
How much is this home worth?
The estimated value of the home located at 46 Lea Avenue is $394,813.
What are some comparable homes to 46 Lea Avenue?
There are currently no comparable homes to 46 Lea Avenue.
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