Worcester
55 Loring St
$650,000
●
House -
Off Market
55 Loring St
Auburn, MA 01501
2 Beds
3 Baths
2,192 Ft²
$697,296
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Want to vacation year-round? Look no further than this gem!
Located on 1.43 acres in Auburn Center, this
contemporary-style home will capture your heart from your first
glance! Your imagination starts to take flight with the open
floor plan enhanced by bamboo flooring & spiral staircase in the
living room to the recently refreshed kitchen then to the
fireplaced family room. Your main bedroom transforms into
your sanctuary from the day's stresses, with a cozy fireplace, an
en suite bathroom complete with a jacuzzi tub & steam shower!
Then of course to the indoor, heated saltwater pool that will
transform the ordinary into the extraordinary! The oversize
garage is an auto enthusiast's dream, w/ high ceilings to install a
lift & work in comfort year round w/heat, workshop, & bath.
Expansion possibilities w/ loft & basement w/roughed in
plumbing. Do nothing but turn the key! Recently updated
furnace, water heater, and roof! Seasonal views of Eddy Pond!
Recent Appraisal in hand!
Unit Size
2,192 Ft²
Days on Market
-
Land Size
1.43 acres
Price per sqft
$319
Property Type
House
Property Taxes
$693
HOA Dues
-
Year Built
1988
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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 #73146825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | In contract | - | |
| In contract | |||
| Aug 10, 2023 | Listed by Emerson REALTORS® | $699,900 | |
| Listed by Emerson REALTORS® | |||
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Oct 26, 2016 | Listed by CR Premier Properties | $394,999 | |
| Listed by CR Premier Properties | |||
| | |||
|
LOCATION! Four major cities (Boston, Providence, Hartford, & Springfield), within a 1-hr drive from the front door of this Custom-Built Masterpiece! Come See the Spacious Gourmet Kitchen with Hardwood Cherry Cabinets, Specially Designed Pantry, New Granite Counters, Applianced Center Island & Recessed Lighting. The Expansive Living Room Boasts a GRAND Cathedral Ceiling, New Bamboo Flooring, a Wall of Windows, and Spirol Staircase leading to a Vast Loft. The Master Suite consists of a Cathedral Ceiling, Walk-In Closet and Spa-Like Bath complete with Whirpool Tub & Separate Steam Shower. The POOL room, for the In-ground, Indoor Heated Pool, Connects the House to the 24' x 60' Garage. Full Hookups, a Full Bathroom, and Loft Storage Makes This Garage the Envy of Most. A Rough Plumbed, Full Walk-Out Basement, Creates Endless Possibilities for Additional Living Space. Too Many Amenities to List!! Impeccable Craftsmanship & Attention to Detail Make This a MUST-SEE!!! Schedule a Tour Today!
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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