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Worcester 01545
1 Highridge Road
$415,000
● House - Off Market

1 Highridge Road

Shrewsbury, MA 01545
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
4,000 Ft²
$1,625,318
RealtyHop Estimate
271.93%
Since Jan 1, 1997
National-US
Primary Model

About This Property

TRADITIONAL & CONTEMPORARY CUSTOM CAPE, EXTENSIVE APPOINTMENTS BY RON PERIS. OPEN FLOOR PLAN, SEPARATE GUEST/AUPAIR QUARTERS, FLEXIBLE PLAN, CALL BILAZARIAN FOR VIEWING.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$109
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1987

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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 #30109186)

Price History

Date / Event Date Event Price
Dec 3, 1996 Sold
Premium
Sold
Jun 3, 1996 Listed $437,000
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,140
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,337
  • Total Building Area: 3,732
  • Gross Building Area: 8,046
  • Building Area: 3,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,732
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000742
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Shrewsbury School District
  • School Tax School District: SHREWSBURY SD
  • Census Tract: 739402

Zoning

  • Zoning: RUR A

Geography

  • Account Number: 1708
  • Parcel: SHRE M:11 B:200001
  • Block: 200001
  • Municipality: SHREWSBURY
  • Latitude: 42.311
  • Longitude: -71.6972

    Address

  • Full Address: 1 High Ridge Rd
  • Address - House Number: 1
  • Address - Street Name: High Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1674
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,138,700

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,116,987
  • High Value: 1,308,555
  • Low Value: 925,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $867,900
  • Assessed Land Value: $259,600
  • Assessed Improvements Value: $608,300

    Sales

  • Current Sale Recording Date: Feb 13, 2008
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 00014664
  • Previous Sale Recording Date: Dec 03, 1996
  • Previous Sale Amount: $415,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 4 years ago
Data Source: MLS PIN, MLS# 30109186

Frequently Asked Questions

When was property at 1 Highridge Road built and last sold?
The property at 1 Highridge Road was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Highridge Road is $440,526.
What are some comparable homes to 1 Highridge Road?
There are currently no comparable homes to 1 Highridge Road.
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