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Worcester
5 Fairview Dr
Photo of 5 Fairview Dr
Sold on Jul 31, 2007

1

Map

$182,713
● House - Off Market

5 Fairview Dr

Leicester, MA 01524
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,584 Ft²
$303,206
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

****ATTENTION INVESTORS!!**JUST LISTED!!**BANK OWNED PROPERTY!!**3 BEDROOM RANCH ON OVER 1/4 ACRE FOR ONLY $175,900!!**!!THAT'S ALMOST $100,000 BELOW ASSESSED VALUE!!**TLC NEEDED, SOLD AS IS!!**Addendum's required with all accepted offers*****All offers must be accompanied by a pre-approval letter from lender (See Firm Remarks)**HURRY BEFORE THIS ONE IS GONE!!**
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$111
Property Type
House
Property Taxes
$193
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: 4 months ago (MLSPIN #70592182)

Price History

Date / Event Date Event Price
Feb 1, 2011 Sold
Premium
Sold
Dec 12, 2010 Listed $199,500
Listed
Sep 29, 2010 Sold
Premium
Sold
Jun 17, 2010 Listed $89,900
Listed
Jul 31, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,584
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,205
  • Total Building Area: 2,772
  • Gross Building Area: 3,664
  • Building Area: 2,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,772
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW LAKE SHORES SEC 01
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • School Tax School District: LEICESTER SD
  • Census Tract: 735100

Zoning

  • Zoning: SA

Geography

  • Parcel: LEIC M:41A B:00000A3 L:0
  • Block: A3
  • Municipality: LEICESTER
  • Latitude: 42.2255
  • Longitude: -71.947

    Address

  • Full Address: 5 Fairview Dr
  • Address - House Number: 5
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 2122
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $400,800

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 425,231
  • High Value: 498,244
  • Low Value: 352,218

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,700
  • Assessed Land Value: $62,700
  • Assessed Improvements Value: $249,000

    Sales

  • Current Sale Recording Date: Feb 01, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11636
  • Previous Sale Recording Date: Sep 29, 2010
  • Previous Sale Amount: $80,500
  • 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70592182

Frequently Asked Questions

When was property at 5 Fairview Drive built and last sold?
The property at 5 Fairview Drive was built in 1961 and last sold on Jan 1, 1970 for $200,000.
How much is this home worth?
The estimated value of the home located at 5 Fairview Drive is $225,086.
What are some comparable homes to 5 Fairview Drive?
There are currently no comparable homes to 5 Fairview Drive.
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