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Worcester 01545
12 Fairlawn Cir
$292,000
● House - Off Market

12 Fairlawn Cir

Shrewsbury, MA 01545
bedrooms
2 Beds
bathrooms
1 Bath
square feet
931 Ft²
$369,692
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Rare opportunity! Two bedroom one bath ranch in a quiet neighborhood setting listed for under 300K! The front breezeway brings you in to the open concept living room and beautifully updated kitchen with new flooring, granite counter tops and new white soft close cabinets. The full bathroom also just updated sits between the two bedrooms. The lower level provides additional partially finished space. Private fenced in backyard with patio and shed. Conveniently located right off of RT 9 provides access to public transportation, schools, shopping, UMASS and more. Put your finishing touches on this charming home in highly desirable Shrewsbury! This property is being sold "as-is"
Unit Size
931 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$290
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1957

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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: 6 months ago (MLSPIN #72666448)

Price History

Date / Event Date Event Price
Aug 14, 2020 Sold
Premium
Sold
Jun 3, 2020 Listed by Thrive Real Estate Specialists $269,900
Listed by Thrive Real Estate Specialists

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 931
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 931
  • Gross Building Area: 2,324
  • Building Area: 931
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 931
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 739201

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 8887
  • Parcel: SHRE M:39 B:119000
  • Block: 119000
  • Municipality: SHREWSBURY
  • Latitude: 42.2726
  • Longitude: -71.7421

    Address

  • Full Address: 12 Fairlawn Cir
  • Address - House Number: 12
  • Address - Street Name: Fairlawn
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C007
  • 4-Digit Zip Code: 3709
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,700

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 416,439
  • High Value: 497,683
  • Low Value: 335,195

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,300
  • Assessed Land Value: $181,900
  • Assessed Improvements Value: $162,400

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91177
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

2377 ft²

Average Home Age

65.2 years

Currently For Sale

2012 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72666448

Frequently Asked Questions

When was property at 12 Fairlawn Circle built and last sold?
The property at 12 Fairlawn Circle was built in 1957 and last sold on Aug 13, 2020 for $292,000.
How much is this home worth?
The estimated value of the home located at 12 Fairlawn Circle is $274,613.
What are some comparable homes to 12 Fairlawn Circle?
There are currently no comparable homes to 12 Fairlawn Circle.
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