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Leominster 01453
57 Colonial Dr
$348,000
● House - Off Market

57 Colonial Dr

Leominster, MA 01453
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,894 Ft²
$626,713
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Spacious and unique home in coveted west side neighborhood!  Custom quality!  Home theater room, formal living and dining rooms, eat-in cabinet kitchen, fireplaced family room with propane gas insert, 2 decks,king-size  master bedroom with en suite bath, 3 more generous bedrooms, additional finished space in the basement!  Central air, security system, lovely yard, commuter friendly location--act now!
Unit Size
2,894 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$121
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1985

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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 #71736186)

Price History

Date / Event Date Event Price
May 27, 2015 Sold
Premium
Sold
Sep 2, 2014 Listed by EXIT New Options Real Estate $349,900
Listed by EXIT New Options Real Estate
Jul 30, 2004 Sold
Premium
Sold
Apr 29, 2004 Listed by EXIT New Options Real Estate $435,000
Listed by EXIT New Options Real Estate
Jun 19, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 25,110
  • Total Building Area: 2,707
  • Gross Building Area: 4,906
  • Building Area: 2,707
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,707
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000576
  • 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: 709100

Geography

  • Parcel: LEOM M:0395 B:0027 L:0000
  • Block: 27
  • Municipality: LEOMINSTER
  • Latitude: 42.5318
  • Longitude: -71.7808

    Address

  • Full Address: 57 Colonial Dr
  • Address - House Number: 57
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Leominster
  • Carrier Code: C002
  • 4-Digit Zip Code: 2555
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $784,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 624,684
  • High Value: 734,979
  • Low Value: 514,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,000
  • Assessed Land Value: $132,300
  • Assessed Improvements Value: $372,700

    Sales

  • Current Sale Recording Date: May 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7623
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Amount: $431,500
  • Previous Sale Document Type: 27
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:

$470,000

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2280 ft²

Average Home Age

76.8 years

Currently For Sale

99 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71736186

Frequently Asked Questions

When was property at 57 Colonial Drive built and last sold?
The property at 57 Colonial Drive was built in 1985 and last sold on Jan 1, 1970 for $348,000.
How much is this home worth?
The estimated value of the home located at 57 Colonial Drive is $374,620.
What are some comparable homes to 57 Colonial Drive?
There are currently no comparable homes to 57 Colonial Drive.
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