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Worcester 01545
16 Brookway Drive
$276,000
● House - Off Market

16 Brookway Drive

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
888 Ft²
$395,889
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Don't miss out on this well maintained three bedroom Ranch located within walking distance to the center of town and Dean Park.  The open concept dining/living room features a large front window bringing in lots of natural light.  Beautiful hardwood floors throughout.  Nice sized back yard is the perfect place to relax and entertain.  Detached garage is located on the side of the house.  Great location with easy access to most major routes.  This charming home has been well cared for but needs updating.  Estate Sale.  Being sold "AS IS".
Unit Size
888 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$304
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1950

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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 #72524753)

Price History

Date / Event Date Event Price
Aug 16, 2019 Sold
Premium
Sold
Jun 25, 2019 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $270,000
Listed by Coldwell Banker Residential Brokerage - Shrewsbury

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 888
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,432
  • Total Building Area: 888
  • Gross Building Area: 1,806
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 888
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • 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: 3700
  • Parcel: SHRE M:23 B:059000
  • Block: 59000
  • Municipality: SHREWSBURY
  • Latitude: 42.297
  • Longitude: -71.7015

    Address

  • Full Address: 16 Brookway Dr
  • Address - House Number: 16
  • Address - Street Name: Brookway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C004
  • 4-Digit Zip Code: 5012
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,600

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 431,663
  • High Value: 512,619
  • Low Value: 350,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,300
  • Assessed Land Value: $241,400
  • Assessed Improvements Value: $92,900

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82521
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:

$499,999

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2384 ft²

Average Home Age

64.6 years

Currently For Sale

2076 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: 5 months ago
Data Source: MLS PIN, MLS# 72524753

Frequently Asked Questions

When was property at 16 Brookway Drive built and last sold?
The property at 16 Brookway Drive was built in 1950 and last sold on Aug 2, 2019 for $276,000.
How much is this home worth?
The estimated value of the home located at 16 Brookway Drive is $272,514.
What are some comparable homes to 16 Brookway Drive?
There are currently no comparable homes to 16 Brookway Drive.
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