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Worcester
57 Pine St
$285,000
● House - Off Market

57 Pine St

Leicester, MA 01524
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,466 Ft²
$360,908
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

"Welcome Home" Tucked away off Main st and only a half mile from the center of town. Features modern updated kitchen, formal dining room, updated full bath, nice living room, 3 bedrooms on the second floor, first floor den which is currently used a 4th bedroom, enclosed porch, detached one car garage, shed, spacious level backyard, newer heating system, replacement windows, newer roof, circuit breakers, vinyl sided exterior and so much more. Just pack your bags and move right in.
Unit Size
1,466 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$184
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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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 #72709765)

Price History

Date / Event Date Event Price
Oct 22, 2020 Sold
Premium
Sold
Aug 13, 2020 Listed by Realty Executives $269,900
Listed by Realty Executives
May 25, 2016 Sold
Premium
Sold
Mar 17, 2016 Listed by Realty Executives $219,900
Listed by Realty Executives

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 918
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,300
  • Total Building Area: 1,466
  • Gross Building Area: 2,678
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • 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: 735100

Zoning

  • Zoning: R2

Geography

  • Parcel: LEIC M:20D B:00000G3 L:0
  • Block: G3
  • Municipality: LEICESTER
  • Latitude: 42.2434
  • Longitude: -71.9139

    Address

  • Full Address: 57 Pine St
  • Address - House Number: 57
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Leicester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1615
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,000

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 52
  • Final Value: 363,077
  • High Value: 449,107
  • Low Value: 277,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,400
  • Assessed Land Value: $55,100
  • Assessed Improvements Value: $251,300

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126517
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Amount: $214,500
  • 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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 72709765

Frequently Asked Questions

When was property at 57 Pine Street built and last sold?
The property at 57 Pine Street was built in 1920 and last sold on Oct 13, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 57 Pine Street is $279,047.
What are some comparable homes to 57 Pine Street?
There are currently no comparable homes to 57 Pine Street.
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