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Worcester
5 Merrick Street
Photo of 5 Merrick Street
Sold on May 30, 2008

1

Map

$275,500
● House - Off Market

5 Merrick Street

Leicester, MA 01611
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,641 Ft²
$540,790
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Leicester/ Worcester line, pride of ownership shows in this 3 bedroom 1 1/2 bath Ranch with finished lower level, walk out and garage under. Situated on almost a half acre lot. Oversized 2 car heated garage and workshop and shed. Plenty of parking and minutes to all area amenities. Title 5 has been done and is ready for the new homeowner !!
Unit Size
1,641 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$177
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1976

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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 #70711078)

Price History

Date / Event Date Event Price
May 30, 2008 Sold
Premium
Sold
Feb 12, 2008 Listed $289,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,152
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,111
  • Total Building Area: 1,641
  • Gross Building Area: 2,596
  • Building Area: 1,641
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,641
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • 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:00000E7 L:0
  • Block: E7
  • Municipality: LEICESTER
  • Latitude: 42.2338
  • Longitude: -71.8621

    Address

  • Full Address: 5 Merrick St
  • Address - House Number: 5
  • Address - Street Name: Merrick
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cherry Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 3312
  • Zip Code: 01611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 440,268
  • High Value: 513,795
  • Low Value: 366,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,800
  • Assessed Land Value: $72,400
  • Assessed Improvements Value: $274,400

    Sales

  • Current Sale Recording Date: May 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00060869
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70711078

Frequently Asked Questions

When was property at 5 Merrick Street built and last sold?
The property at 5 Merrick Street was built in 1976 and last sold on Jan 1, 1970 for $275,500.
How much is this home worth?
The estimated value of the home located at 5 Merrick Street is $301,307.
What are some comparable homes to 5 Merrick Street?
There are currently no comparable homes to 5 Merrick Street.
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