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Leominster 01453
83 Legate Hill Rd
$385,000
● House - Off Market

83 Legate Hill Rd

Leominster, MA 01453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,286 Ft²
$549,103
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

South Leominster Farmers Porch Colonial. This outstanding home has been well cared for and carefully maintained by original owners. Spacious Front to back Living room with Gas Fireplace opens to sunny deck offering scenic vistas, overlooking above ground pool and the landscaped fenced yard.  Tile entry foyer. Open Kitchen with Formal Dining room and breakfast bar. First floor full bath. Upper level offers sitting area, Master bedroom with vaulted ceiling and walk in closet, 2  additional bedrooms. Full bath and laundry. Finished lower level walkout has both Family Room and Media/Home office. Storage Shed. Main levels appointed with Hardwood and Tile flooring and attention to detail. Attached 2 Car Garage. Wired for backup generator.  Excellent locations with access to highways, city conveniences and more.
Unit Size
2,286 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$164
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1996

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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 #72559839)

Price History

Date / Event Date Event Price
Oct 21, 2019 Sold
Premium
Sold
Sep 5, 2019 Listed by LAER Realty Partners $374,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 20,050
  • Total Building Area: 1,812
  • Gross Building Area: 3,856
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,812
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEOMINSTER
  • Land Acres: 0000000460
  • 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: 709203

Geography

  • Parcel: LEOM M:0426 B:0003B L:0000
  • Block: 3B
  • Municipality: LEOMINSTER
  • Latitude: 42.4894
  • Longitude: -71.7434

    Address

  • Full Address: 83 Legate Hill Rd
  • Address - House Number: 83
  • Address - Street Name: Legate Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leominster
  • Carrier Code: R002
  • 4-Digit Zip Code: 5236
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $702,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 523,938
  • High Value: 616,445
  • Low Value: 431,431

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,000
  • Assessed Land Value: $121,500
  • Assessed Improvements Value: $330,500

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18650
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

$267

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2291 ft²

Average Home Age

77.2 years

Currently For Sale

100 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# 72559839

Frequently Asked Questions

When was property at 83 Legate Hill Road built and last sold?
The property at 83 Legate Hill Road was built in 1996 and last sold on Oct 18, 2019 for $385,000.
How much is this home worth?
The estimated value of the home located at 83 Legate Hill Road is $393,727.
What are some comparable homes to 83 Legate Hill Road?
There are currently no comparable homes to 83 Legate Hill Road.
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