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Worcester 01545
17 Colonial Dr
$646,900
● House - Off Market

17 Colonial Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,956 Ft²
$1,275,535
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

A wonderful combination of refined elegance, exquisite design + meticulous grounds defines this lovely home. In 2003 this home was magnificently updated to include a stunning kitchen w/ high-end appliances, custom cabinetry, sure to make the most experienced chef envious.  sun-splashed solarium sits just off the kitchen. The dining rm, family rm, office + romantic master suite are lined w/ built-ins, moldings + fireplaces, enhancing the gracious ambiance. JUST ADDED CENTRAL AIR + FORCED AIR HEAT
Unit Size
3,956 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$164
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
1975

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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: 5 months ago (MLSPIN #71510904)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Keller Williams Realty Westborough $875,000
Listed by Keller Williams Realty Westborough
Jun 28, 2013 Sold
Premium
Sold
Apr 18, 2013 Listed by Keller Williams Realty Westborough $649,900
Listed by Keller Williams Realty Westborough

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,698
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 31,154
  • Total Building Area: 4,181
  • Gross Building Area: 8,027
  • Building Area: 4,181
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,181
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY
  • Land Acres: 0000000715
  • 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: 739500

Zoning

  • Zoning: RUR B

Geography

  • Account Number: 332
  • Parcel: SHRE M:04 B:015003
  • Block: 15003
  • Municipality: SHREWSBURY
  • Latitude: 42.3258
  • Longitude: -71.7161

    Address

  • Full Address: 17 Colonial Dr
  • Address - House Number: 17
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C019
  • 4-Digit Zip Code: 1522
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,313,000

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,124,534
  • High Value: 1,322,785
  • Low Value: 926,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,000,800
  • Assessed Land Value: $298,200
  • Assessed Improvements Value: $702,600

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105241
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $646,900
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71510904

Frequently Asked Questions

When was property at 17 Colonial Drive built and last sold?
The property at 17 Colonial Drive was built in 1975 and last sold on Jul 28, 2021 for $967,000.
How much is this home worth?
The estimated value of the home located at 17 Colonial Drive is $890,741.
What are some comparable homes to 17 Colonial Drive?
There are currently no comparable homes to 17 Colonial Drive.
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