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Worcester 01545
14 Gates Rd
$309,800
● House - Off Market

14 Gates Rd

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,698 Ft²
$484,129
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Are you looking for a home in a GREAT neighborhood within WALKING distance to the center of TOWN??****  Don't miss this opportunity!**** SOLID home with 3 bedroom/1.5 bathroom and 1 car garage now AVAILABLE under 350k in Shrewsbury!****  Spend your summer RELAXING on the enclosed PORCH.****  Newly refinished HARDWOODS on the first floor.  New FURNACE was installed in 2014, maintenance free VINYL siding was installed 2017, ROOF is 13 years young with leaf guard GUTTERS and updated windows.****EIK open to family room with wood burning FIREPLACE.****Two bedrooms on the FIRST floor and large bedroom upstairs with loads of STORAGE and 1/2 bath.  Put your finishing touches on this gem and call it HOME today!****EASY to SHOW! ****OPEN HOUSE-SATURDAY, MAY 5TH FROM 12-1:30****
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$194
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1912

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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: 5 months ago (MLSPIN #72492674)

Price History

Date / Event Date Event Price
Jul 2, 2019 Sold
Premium
Sold
May 2, 2019 Listed by Coldwell Banker Residential Brokerage - Framingham $329,900
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 972
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,698
  • Gross Building Area: 3,341
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 6

    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: 739402

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 3446
  • Parcel: SHRE M:22 B:050000
  • Block: 50000
  • Municipality: SHREWSBURY
  • Latitude: 42.2975
  • Longitude: -71.7107

    Address

  • Full Address: 14 Gates Rd
  • Address - House Number: 14
  • Address - Street Name: Gates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C005
  • 4-Digit Zip Code: 2329
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $516,300

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 492,580
  • High Value: 577,746
  • Low Value: 407,414

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,500
  • Assessed Land Value: $238,000
  • Assessed Improvements Value: $155,500

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63587
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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72492674

Frequently Asked Questions

When was property at 14 Gates Road built and last sold?
The property at 14 Gates Road was built in 1912 and last sold on Jun 20, 2019 for $309,800.
How much is this home worth?
The estimated value of the home located at 14 Gates Road is $339,755.
What are some comparable homes to 14 Gates Road?
There are currently no comparable homes to 14 Gates Road.
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