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Worcester
557 Main St
$261,000
● House - Off Market

557 Main St

Leicester, MA 01611
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,570 Ft²
$391,017
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

** ! PRICE REDUCTION ! ** ~ ON THIS FABULOUS HOUSE ON THE HILL! ~ FULL FRESH QUALITY RENOVATION  ~ CUSTOM-GREY CABINETED KITCHEN W/ STYLISH TILED BACK SPLASH  ~ STAINLESS APPLIANCES ~ GRANITE COUNTERTOPS ~ GLEAMING HARDWOODS THROUGHOUT~ 2 NEW CUSTOM BATHROOMS INCLUDING DESIGNER TILE STAND UP SHOWER  ~ NEW EXTERIOR PREMIUM VINYL SIDING ~ ARCHITECUAL SHINGLED ROOF ~ NEW WINDOWS  ~ NEW HEATING SYSTEM  ~ CENTRAL AIR ~ HOT WATER TANK  ~ BRICK FIREPLACED LIVING ROOM ~  WALK OUT BASEMENT ~ ALL TREX DECK STAIR ENTRIES & PATIO OFF KITCHEN.~ NEW DRIVEWAY~ EXTRA CLOSET SPACE ~ INTERIOR FRESH PAIN  ~ THIS HOUSE IS COMPLETE ~ A MUST SEE!  ~ **QUICK CLOSE!** ~ GORGEOUS HOUSE ~ ALL YOU NEED TO DO IS MOVE IN !!
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$165
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1910

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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: 5 months ago (MLSPIN #72406442)

Price History

Date / Event Date Event Price
Feb 28, 2019 Sold
Premium
Sold
Oct 5, 2018 Listed by LeRoux Realty Group $259,000
Listed by LeRoux Realty Group
Mar 12, 2018 Sold
Premium
Sold
Dec 30, 2002 Sold
Premium
Sold
Aug 8, 2002 Listed by Coldwell Banker Realty - Northborough $195,000
Listed by Coldwell Banker Realty - Northborough
A QUAINT ENGLISH COTTAGE CENTRALLY LOCATED. THIS HOME FEATURES HARDWOODS THROUGHOUT, FIREPLACED LIVING ROOM WITH A COZY SUNROOM OFF OF IT, SITUATED ON A PRIVATELY LANDSCAPED YARD.BUILT-INS, FENCED DOG KENNEL; A FINE PLACE TO CALL HOME

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 714
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,460
  • Gross Building Area: 2,333
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALTER BLODGETT
  • Land Acres: 0000000344
  • 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: B

Geography

  • Parcel: LEIC M:24A B:0000A55 L:0
  • Block: A55
  • Municipality: LEICESTER
  • Latitude: 42.2407
  • Longitude: -71.8878

    Address

  • Full Address: 557 Main St
  • Address - House Number: 557
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cherry Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 3041
  • Zip Code: 01611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418,300

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 402,658
  • High Value: 477,796
  • Low Value: 327,521

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,300
  • Assessed Land Value: $57,600
  • Assessed Improvements Value: $267,700

    Sales

  • Current Sale Contract Date: Feb 27, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18285
  • Previous Sale Recording Date: Mar 12, 2018
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: O
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

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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: 5 months ago
Data Source: MLS PIN, MLS# 72406442

Frequently Asked Questions

When was property at 557 Main Street built and last sold?
The property at 557 Main Street was built in 1910 and last sold on Feb 27, 2019 for $261,000.
How much is this home worth?
The estimated value of the home located at 557 Main Street is $271,790.
What are some comparable homes to 557 Main Street?
There are currently no comparable homes to 557 Main Street.
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