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Leominster 01453
6 Arnold Road
$103,000
● House - Off Market

6 Arnold Road

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,225 Ft²
$415,854
RealtyHop Estimate
281.52%
Since Jan 1, 1996
National-US
Primary Model

About This Property

NICE CORNER LOT, HOUSE IS IN MINT CONDITION, CENTRAL AIR, VINYL SIDING,HARDWOOD FLOORS UNDER CARPETING, 1 CAR GARAGE UNDER,  CONVENIENT LOCATION CLOSE TO HOSPITAL, DOYLE FIELD AND SHOPPING.
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$89
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1957

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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: 4 years ago (MLSPIN #30073965)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed $489,900
Listed
Aug 25, 1999 Sold
Premium
Sold
Dec 15, 1995 Sold
Premium
Sold
Oct 19, 1995 Listed $109,000
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 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: 8,730
  • Total Building Area: 2,076
  • Gross Building Area: 4,092
  • Building Area: 2,076
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,076
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 709702

Geography

  • Parcel: LEOM M:0071 B:0035 L:0000
  • Block: 35
  • Municipality: LEOMINSTER
  • Latitude: 42.5349
  • Longitude: -71.7602

    Address

  • Full Address: 6 Arnold Rd
  • Address - House Number: 6
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leominster
  • Carrier Code: C021
  • 4-Digit Zip Code: 2802
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $690,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 527,184
  • High Value: 620,265
  • Low Value: 434,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,300
  • Assessed Land Value: $102,000
  • Assessed Improvements Value: $342,300

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22964
  • Previous Sale Recording Date: Aug 25, 1999
  • Previous Sale Amount: $111,000
  • 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:

$474,900

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2198 ft²

Average Home Age

80.6 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 years ago
Data Source: MLS PIN, MLS# 30073965

Frequently Asked Questions

When was property at 6 Arnold Road built and last sold?
The property at 6 Arnold Road was built in 1957 and last sold on Oct 6, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 6 Arnold Road is $486,460.
What are some comparable homes to 6 Arnold Road?
There are currently no comparable homes to 6 Arnold Road.
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