$275,000
●
House -
Off Market
752 Main St
Leominster, MA 01453
3 Beds
1 Bath,
1
Half Bath
1,604 Ft²
$394,626
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
All the beauty of a Dutch Gambrel with an eye to energy efficiency
having installed a host-owned 9 Kilowatt PV solar system. Mass Save
Energy Audit last month, newly installed Bradford White AeroTherm®
Series Heat Pump Water Heater & additional insulation installed.
Recently revamped Kitchen, original 1919 Douglas Fir flooring
uncovered & refinished, layout modified, granite counters installed
& a fresh coat of paint. Maple hardwood flooring throughout the
first floor & wide board pine on the second. New roof in 2014 &
newer Harvey windows. Appealing level lot, just over a half-acre.
Convenient Commute location, you are minutes from everything, enjoy
local shopping & restaurants, yet you can still be on your way to
Boston within moments. Bonus income stream, there are just over 7
years left on the Solar Renewable Energy Certificates SRECs, which
means money in your pocket + free electricity. Property value
includes the present day value of future energy production over the
next 22 yrs.
Unit Size
1,604 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$167
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1919
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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: 6 months ago (MLSPIN #72474319)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Lamacchia Realty, Inc. | $267,500 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
|
All the beauty of a Dutch Gambrel with an eye to energy efficiency having installed a host-owned 9 Kilowatt PV solar system. Mass Save Energy Audit last month, newly installed Bradford White AeroTherm® Series Heat Pump Water Heater & additional insulation installed. Recently revamped Kitchen, original 1919 Douglas Fir flooring uncovered & refinished, layout modified, granite counters installed & a fresh coat of paint. Maple hardwood flooring throughout the first floor & wide board pine on the second. New roof in 2014 & newer Harvey windows. Appealing level lot, just over a half-acre. Convenient Commute location, you are minutes from everything, enjoy local shopping & restaurants, yet you can still be on your way to Boston within moments. Bonus income stream, there are just over 7 years left on the Solar Renewable Energy Certificates SRECs, which means money in your pocket + free electricity. Property value includes the present day value of future energy production over the next 22 yrs.
| |||
| Sep 27, 2018 | No longer available | - | |
| No longer available | |||
| Sep 14, 2018 | Listed by Joyce Lin Real Estate | $265,000 | |
| Listed by Joyce Lin Real Estate | |||
| May 27, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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