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Worcester 01545
159 Maple Avenue
$360,000
● House - Off Market

159 Maple Avenue

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$682,750
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Will you be the third owner of this stately brick Cape?  Craftsmanship and high quality materials are the hallmark of older homes, and this one is a great example.  Arched doorways, the use of glass brick, and all hardwood floors are some of the highlights, along with an open floor plan and generous sized bedrooms.  A screened porch, tucked away in back, overlooks a park-like back yard.  Discover a secret nook under the eves off the master bedroom. Use the paneled first floor room as a home office, den or bedroom. Host a crowd in the open concept kitchen and dining room.  Walk up storage loft above garage, full basement with walk out to yard.  Many updates and upgrades: siding, electric, windows and kitchen, yet still retains the charm and style of its vintage.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$204
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1949

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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 #71680295)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed by Collins & Demac Real Estate $525,000
Listed by Collins & Demac Real Estate
Jul 2, 2014 Sold
Premium
Sold
May 13, 2014 Listed by Collins & Demac Real Estate $368,000
Listed by Collins & Demac Real Estate
Nov 1, 2005 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 1,026
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,850
  • Total Building Area: 1,796
  • Gross Building Area: 3,737
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • 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: 4808
  • Parcel: SHRE M:27 B:104000
  • Block: 104000
  • Municipality: SHREWSBURY
  • Latitude: 42.2872
  • Longitude: -71.7252

    Address

  • Full Address: 159 Maple Ave
  • Address - House Number: 159
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C018
  • 4-Digit Zip Code: 2711
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,800

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 568,941
  • High Value: 688,799
  • Low Value: 449,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $499,100
  • Assessed Land Value: $255,900
  • Assessed Improvements Value: $243,200

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 178106
  • Previous Sale Recording Date: Jul 02, 2014
  • Previous Sale Amount: $360,000
  • 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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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 months ago
Data Source: MLS PIN, MLS# 71680295

Frequently Asked Questions

When was property at 159 Maple Avenue built and last sold?
The property at 159 Maple Avenue was built in 1949 and last sold on Dec 21, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 159 Maple Avenue is $523,334.
What are some comparable homes to 159 Maple Avenue?
There are currently no comparable homes to 159 Maple Avenue.
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