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Worcester
493 Main St
$380,000
● House - Off Market

493 Main St

Leicester, MA 01611
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,347 Ft²
$350,587
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Come Take a look at this well maintained home located near Worcester lines! Right off of route 9, this home offers the convenience of being near restaurants, shopping and other major routes. This home offers hardwood throughout, as well as a bathroom and full bathroom on the main level. You will find the additional two bedrooms and full bath upstairs. Open concept Kitchen & Dining room will lead you to your extended deck & private backyard, perfect for summer. Roof is young and front porch was recently redone. ALL OFFERS, IF ANY DUE MONDAY 5/22 @12PM
Unit Size
1,347 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$260
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1885

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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 #73112438)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
May 23, 2023 In contract -
In contract
May 17, 2023 Listed by Century 21 North East $350,000
Listed by Century 21 North East
Dec 9, 2019 Sold
Premium
Sold
Sep 26, 2019 Listed by Century 21 North East $243,500
Listed by Century 21 North East
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 878
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,070
  • Total Building Area: 1,347
  • Gross Building Area: 2,948
  • Building Area: 1,347
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,347
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: SA

Geography

  • Parcel: LEIC M:24A B:00000C2 L:0
  • Block: C2
  • Municipality: LEICESTER
  • Latitude: 42.2395
  • Longitude: -71.8846

    Address

  • Full Address: 493 Main St
  • Address - House Number: 493
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cherry Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 3034
  • Zip Code: 01611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $413,300

    Appraisal Valuation

  • Standard Deviation: 0.2537
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 380,353
  • High Value: 476,879
  • Low Value: 283,827

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,400
  • Assessed Land Value: $56,800
  • Assessed Improvements Value: $264,600

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50599
  • Previous Sale Recording Date: Dec 09, 2019
  • Previous Sale Contract Date: Nov 13, 2019
  • Previous Sale Amount: $245,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 73112438

Frequently Asked Questions

When was property at 493 Main Street built and last sold?
The property at 493 Main Street was built in 1885 and last sold on Jun 27, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 493 Main Street is $349,758.
What are some comparable homes to 493 Main Street?
There are currently no comparable homes to 493 Main Street.
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