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Worcester
5 Folsom Street
$150,000
● House - Off Market

5 Folsom Street

Leicester, MA 01611
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,125 Ft²
$218,556
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Location, location, location!  Wonderful area located just off the Leicester/ Worcester line offers great highway access!  This property has everything you could want in a fixer upper! Ideal flip property for the investor with lots of square footage, potential for four bedrooms and two baths. Needs TLC throughout but the potential is there! Vinyl windows. Roof aprox. 10 years. Hardwoods throughout. Mass Save installed insulation New furnace.. Owner is perking and will design for a three bedroom system. Buyer to be responsible for install. Need cash or rehab buyer on this one. Easy to show!
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$133
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1967

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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 #72604051)

Price History

Date / Event Date Event Price
Jan 24, 2020 Sold
Premium
Sold
Jan 3, 2020 Listed by ERA Key Realty Services- Spenc $150,000
Listed by ERA Key Realty Services- Spenc

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 18
  • 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: 900
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,100
  • Total Building Area: 1,125
  • Gross Building Area: 2,924
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000324
  • 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: R1

Geography

  • Parcel: LEIC M:34A B:00000C5 L:0
  • Block: C5
  • Municipality: LEICESTER
  • Latitude: 42.2307
  • Longitude: -71.8611

    Address

  • Full Address: 5 Folsom St
  • Address - House Number: 5
  • Address - Street Name: Folsom
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cherry Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 3316
  • Zip Code: 01611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 336,910
  • High Value: 393,176
  • Low Value: 280,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,700
  • Assessed Land Value: $71,500
  • Assessed Improvements Value: $178,200

    Sales

  • Current Sale Contract Date: Jan 16, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 7828
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72604051

Frequently Asked Questions

When was property at 5 Folsom Street built and last sold?
The property at 5 Folsom Street was built in 1967 and last sold on Jan 16, 2020 for $150,000.
How much is this home worth?
The estimated value of the home located at 5 Folsom Street is $160,709.
What are some comparable homes to 5 Folsom Street?
There are currently no comparable homes to 5 Folsom Street.
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