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Leominster 01453
562 Union Street
Photo of 562 Union Street

24

Map

Photo of 562 Union Street
Photo of 562 Union Street
$364,900
↓ $10K (2.7%)
● House - For Sale

562 Union Street

Leominster, MA 01453
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,007 Ft²
$2,212
Est. Monthly

About This Property

Welcome to 562 Union Street! Sitting on 1.3 acres this ranch home has unlimited possibilities; first time for sale in over 50+ years. The home consists of a private back yard, large shed, wood deck, plenty of off street parking with a wrap around drive way and the roof was replaced in 2023. Build some sweat equity and if you are looking for a home in the Fall Brook school district with privacy set up your showing today!
Unit Size
1,007 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$362
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1952

Listed By

Douglas Tammelin
Coldwell Banker Realty - Leominster

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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: 9 days ago (MLSPIN #73593048)

Price History

Date / Event Date Event Price
Nov 5, 2026 Price Decreased $364,900
↓ $10K (2.7%)
Price Decreased
Oct 20, 2026 Listed by Coldwell Banker Realty - Leominster $374,900
Listed by Coldwell Banker Realty - Leominster

Property Highlights

Parking Available
Parking Details
Has Open Parking
Parking Features: Paved, Off Street
Open Parking Spaces: 6
Interior Details
Full Bathrooms: 1
Appliances: Electric Water Heater, Range, Dishwasher, Washer/Dryer
Flooring Type: Vinyl, Carpet, Laminate
Laundry Features: First Floor
Rooms: 5
Basement: Full
Exterior Details
Square Footage: 1007
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1952
Building Area Total: 1007
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lot Features: Wooded
Lot Size Area: 1.31
Lot Size Units: Acres
Lot Size Acres: 1.31
Lot Size Square Feet: 57064
Water Source: Public
Financial Details
Tax Assessed Value: $369,200
Tax Annual Amount: $5,043
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 57,064
  • Total Building Area: 864
  • Gross Building Area: 2,108
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leominster School District
  • School Tax School District: LEOMINSTER SD
  • Census Tract: 709201

Geography

  • Parcel: LEOM M:0436 B:0003 L:0000
  • Block: 3
  • Municipality: LEOMINSTER
  • Latitude: 42.5027
  • Longitude: -71.7608

    Address

  • Full Address: 562 Union St
  • Address - House Number: 562
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Leominster
  • Carrier Code: R001
  • 4-Digit Zip Code: 4725
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $448,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 397,759
  • High Value: 450,463
  • Low Value: 345,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,500
  • Assessed Land Value: $129,100
  • Assessed Improvements Value: $159,400
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 Leominster

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2243 ft²

Average Home Age

84.3 years

Currently For Sale

89 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 9 days ago
Data Source: MLS PIN, MLS# 73593048

Frequently Asked Questions

When was property at 562 Union Street built and last sold?
The property at 562 Union Street was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 562 Union Street is $363,189.
What are some comparable homes to 562 Union Street?
There are currently no comparable homes to 562 Union Street.
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