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Worcester 01545
14 Tern Drive
$415,000
● House - Off Market

14 Tern Drive

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,261 Ft²
$756,646
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

3 Bedrooms - 2.5 Baths, Deck, 1 Car Garage. Beautiful 3 Bed 2.5 Bath house well maintained townhouse in most sought after Landings at Ternberry neighborhood. House located at the end of the cul-de-sac. Upgrades are Dual A/C units, Tiled Entry and Eat-in Kitchen, and Finished basement. Lots of sunlight, Great neighborhood with walking distance to park, Basketball court and Baseball practice field.  Easy access to major Highways. Landscaped Flat Lot, It is just like a Single Family Home.
Unit Size
2,261 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$188
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1999

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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 months ago (MLSPIN #71816805)

Price History

Date / Event Date Event Price
Dec 16, 2020 Sold
Premium
Sold
Jun 25, 2015 Sold
Premium
Sold
Apr 14, 2015 Listed by Housepad, LLc $425,000
Listed by Housepad, LLc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 9
  • Basement Area: 810
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,758
  • Gross Building Area: 2,986
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Shrewsbury School District
  • School Tax School District: SHREWSBURY SD
  • Census Tract: 739202

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 4572
  • Parcel: SHRE M:26 B:264000 L:R
  • Block: 264000
  • Lot: R
  • Municipality: SHREWSBURY
  • Latitude: 42.2835
  • Longitude: -71.7452

    Address

  • Full Address: 14 Tern Dr
  • Address - House Number: 14
  • Address - Street Name: Tern
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C020
  • 4-Digit Zip Code: 8116
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $706,400

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 629,792
  • High Value: 747,235
  • Low Value: 512,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $538,400
  • Assessed Improvements Value: $538,400

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 157144
  • Previous Sale Recording Date: Jun 25, 2015
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: O
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 71816805

Frequently Asked Questions

When was property at 14 Tern Drive built and last sold?
The property at 14 Tern Drive was built in 1999 and last sold on Nov 25, 2020 for $520,000.
How much is this home worth?
The estimated value of the home located at 14 Tern Drive is $440,401.
What are some comparable homes to 14 Tern Drive?
There are currently no comparable homes to 14 Tern Drive.
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