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Worcester
6 Oak Bluff Lane
$95,000
● Land - Off Market

6 Oak Bluff Lane

Leicester, MA 01524
bedrooms
Studio
bathrooms
0 Bath
$148,563
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

First time on Market ... Nicest lot in newest 6 lot sub-division in Leicester with an oversized building box of 40x70. This lot can accommodate an attached in-law home or executive style ranch home. This gently sloping lot lends itself to a walk-out basement with the right house plan to enjoy backyard family barbeques.  Beautiful area of new homes and minutes to Stiles Reservoir.  Easy 15 minute commute to Auburn and all major highway routes. Don't miss out on this beauty. Seller to approve house design and building process.  Please do not walk land without permission!
Unit Size
-
Days on Market
-
Land Size
2.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 months ago (MLSPIN #72623080)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Feb 24, 2020 Listed by 9 West Realty $109,900
Listed by 9 West Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,996
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,824
  • Total Building Area: 3,976
  • Gross Building Area: 6,784
  • Building Area: 3,976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,976
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001970
  • 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: SA

Geography

  • Parcel: LEIC M:048 B:000A1.6 L:0
  • Block: A1.6
  • Municipality: LEICESTER
  • Latitude: 42.2045
  • Longitude: -71.9414

    Address

  • Full Address: 6 Oak Bluff Ln
  • Address - House Number: 6
  • Address - Street Name: Oak Bluff
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 2209
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,033,700

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 971,343
  • High Value: 1,100,050
  • Low Value: 842,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $803,800
  • Assessed Land Value: $97,700
  • Assessed Improvements Value: $706,100

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108438
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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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: 4 months ago
Data Source: MLS PIN, MLS# 72623080

Frequently Asked Questions

When was property at 6 Oak Bluff Lane built and last sold?
The property at 6 Oak Bluff Lane was built in 2021 and last sold on Sep 1, 2020 for $95,000.
How much is this home worth?
The estimated value of the home located at 6 Oak Bluff Lane is $110,999.
What are some comparable homes to 6 Oak Bluff Lane?
There are currently no comparable homes to 6 Oak Bluff Lane.
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