For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Worcester
5 Stone Ridge Dr
$150,000
● Land - Off Market

5 Stone Ridge Dr

Leicester, MA 01524
bedrooms
Studio
bathrooms
0 Bath
$250,319
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Less than 20 minutes to I-90 Mass Pike in beautiful Leicester MA is a development opportunity consisting of 20+ acres available in an established subdivision, Cedar Meadow Estates. There are eight homes already built on this private cul-de-sac location. The majority of the land is wooded upland. Leicester has a population of ~11,000 residents, with over 300 local business, and you can get to Worcester Airport in minutes -- and to any of the other four major New England airports (Boston, Providence, Hartford, Manchester) in approximately an hour. Reach out today for more information!
Unit Size
-
Days on Market
-
Land Size
20.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$122
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (MLSPIN #73099042)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 5, 2023 In contract -
In contract
Apr 14, 2023 Listed by Coldwell Banker Realty - Worcester $249,900
Listed by Coldwell Banker Realty - Worcester

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,228
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001727
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Leicester School District
  • School Tax School District: LEICESTER SD
  • Census Tract: 735100

Zoning

  • Zoning: SA

Geography

  • Parcel: LEIC M:040 B:0A13.13 L:0
  • Block: A13.13
  • Municipality: LEICESTER
  • Latitude: 42.228
  • Longitude: -71.9322

    Address

  • Full Address: 5 Stone Ridge Dr
  • Address - House Number: 5
  • Address - Street Name: Stone Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 2125
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,800
  • Assessed Land Value: $7,800
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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73099042

Frequently Asked Questions

When was property at 5 Stone Ridge Drive built and last sold?
The property at 5 Stone Ridge Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Stone Ridge Drive is $252,399.
What are some comparable homes to 5 Stone Ridge Drive?
There are currently no comparable homes to 5 Stone Ridge Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Leicester Homes for Sale
Leicester Houses for Sale
Leicester Condos for Sale
Leicester Multifamily for Sale
Leicester Land for Sale
Leicester Commercial for Sale
Leicester Homes with Basements
Leicester Homes with Pools
Nearby Cities
Worcester Homes for Sale
Oxford Homes for Sale
Spencer Homes for Sale
Sturbridge Homes for Sale
Rutland Homes for Sale
East Brookfield Homes for Sale
Nearby Property Records
Worcester County, MA Property Records
Windham County, CT Property Records
Providence County, RI Property Records
Middlesex County, MA Property Records
Tolland County, CT Property Records
Hampshire County, MA Property Records
Hampden County, MA Property Records
Norfolk County, MA Property Records
Neighborhoods
Webster Square Real Estate
Broadmeadow Brook Real Estate
West Tatnuck Real Estate
Greendale Real Estate
Forest Grove Real Estate
Grafton Hill Real Estate
Vernon Hill Real Estate
Burncoat Real Estate
Nearby Counties
Worcester Homes for Sale
Holden Homes for Sale
Auburn Homes for Sale
Oxford Homes for Sale
Millbury Homes for Sale
Charlton Homes for Sale
Spencer Homes for Sale
West Boylston Homes for Sale
Top Real Estate Agents
Top Agents in Leicester
Top Agents in Worcester
Top Agents in Worcester
Top Agents in 01604
Top Agents in 01602
Top Agents in 01606
Top Agents in Holden
Top Agents in 01605