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Worcester
5 Hemlock Lane
Photo of 5 Hemlock Lane
Sold on Aug 30, 2004

1

Map

$241,000
● House - Off Market

5 Hemlock Lane

Leicester, MA 01524
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,406 Ft²
$470,481
RealtyHop Estimate
100.29%
Since Sep 1, 2004
National-US
Primary Model

About This Property

Sellers sadly relocating-Their loss is your gain to this wonderful 2 year young custom built home.Beautiful Cabinets,Hardwoods, Tile, Loft,Chathedrial Ceilings. 2 full baths. All Stainless steal appliances staying. Nicely finished extra room in the basement.Paved drive and nice level yard. Garden area with wonderful sun. Less than 15 minutes to the mass pike. Close to the lake and semi private beach that area neighbors use only. No deeded beach rights, Every one just enjoys.  Not a drive by!!
Unit Size
1,406 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$167
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
2002

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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 #70064951)

Price History

Date / Event Date Event Price
Aug 30, 2004 Sold
Premium
Sold
Jul 17, 2004 Listed $234,900
Listed
Mar 27, 2003 Sold
Premium
Sold
Jan 1, 2003 Listed $189,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,846
  • Total Building Area: 1,166
  • Gross Building Area: 1,870
  • Building Area: 1,166
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,166
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • 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: 735100

Zoning

  • Zoning: SA

Geography

  • Parcel: LEIC M:28B B:00000G2 L:0
  • Block: G2
  • Municipality: LEICESTER
  • Latitude: 42.2273
  • Longitude: -71.9359

    Address

  • Full Address: 5 Hemlock Ln
  • Address - House Number: 5
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 2129
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $372,900

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 394,255
  • High Value: 461,949
  • Low Value: 326,561

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,000
  • Assessed Land Value: $62,500
  • Assessed Improvements Value: $227,500

    Sales

  • Current Sale Recording Date: Aug 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 159066
  • Previous Sale Recording Date: Mar 27, 2003
  • Previous Sale Amount: $189,000
  • 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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70064951

Frequently Asked Questions

When was property at 5 Hemlock Lane built and last sold?
The property at 5 Hemlock Lane was built in 2002 and last sold on Jan 1, 1970 for $241,000.
How much is this home worth?
The estimated value of the home located at 5 Hemlock Lane is $247,516.
What are some comparable homes to 5 Hemlock Lane?
There are currently no comparable homes to 5 Hemlock Lane.
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