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Worcester 01545
10 Commonwealth Ave
$485,000
● House - Off Market

10 Commonwealth Ave

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,712 Ft²
$512,621
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

They don't make them like this anymore! Lovely custom antique Colonial situated on a peaceful dead end road is ready for new owners. Gracious main level with fireplaced living room, separate sunroom w/ french doors, oversized dining room, covered screen porch and sunny, cabinet filled kitchen. Charming built-in cabinetry, gleaming hardwood floors and decorative molding throughout. Oversized lot with cleared yard and wooded area extending all the way to the next street over! Large composite deck perfect for entertaining. Detached two car garage. Full unfinished basement with laundry for additional storage. Easy access to Rt 9 shops and restaurants, as well as downtown Shrewsbury.
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$286
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1940

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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 #73027806)

Price History

Date / Event Date Event Price
Oct 25, 2022 Sold
Premium
Sold
Aug 21, 2022 Listed by Castinetti Realty Group $489,900
Listed by Castinetti Realty Group
Jan 31, 2018 Sold
Premium
Sold
Sep 12, 2016 Sold
Premium
Sold
Jun 23, 2016 Listed by Castinetti Realty Group $359,900
Listed by Castinetti Realty Group
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 868
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,250
  • Total Building Area: 1,712
  • Gross Building Area: 3,640
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY
  • Land Acres: 0000000396
  • 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: 739300

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 4941
  • Parcel: SHRE M:27 B:010000
  • Block: 10000
  • Municipality: SHREWSBURY
  • Latitude: 42.282
  • Longitude: -71.7326

    Address

  • Full Address: 10 Commonwealth Ave
  • Address - House Number: 10
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C008
  • 4-Digit Zip Code: 2606
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $608,900

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 565,239
  • High Value: 666,006
  • Low Value: 464,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,100
  • Assessed Land Value: $227,500
  • Assessed Improvements Value: $236,600

    Sales

  • Current Sale Contract Date: Oct 24, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 115492
  • Previous Sale Recording Date: Jan 31, 2018
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 55
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

2384 ft²

Average Home Age

65.6 years

Currently For Sale

1965 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: 6 months ago
Data Source: MLS PIN, MLS# 73027806

Frequently Asked Questions

When was property at 10 Commonwealth Avenue built and last sold?
The property at 10 Commonwealth Avenue was built in 1940 and last sold on Oct 24, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 10 Commonwealth Avenue is $488,840.
What are some comparable homes to 10 Commonwealth Avenue?
There are currently no comparable homes to 10 Commonwealth Avenue.
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