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Worcester 01545
Lot 18 Nelson Point Road
$715,000
● House - Off Market

Lot 18 Nelson Point Road

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,056 Ft²
$1,211,343
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

New Architectural Design for Nelson Point Village, the very popular Wachusett Plan. Soaring two story family room...Well known Premier Builder, Developers of Grand View Estates & Stonybrook Farm  Come in and Choose Your Finishing Touches......Granite Counters, Gas Fireplace with Marble Surround....Hardwood Flooring....Soaking Tub....First Floor Full Bath...Town Sewer/Water.....Natural Gas Heat....Easy Highway Access....Call For More Info....Other Models & Lots to Choose From.....
Unit Size
3,056 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984

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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 #71807312)

Price History

Date / Event Date Event Price
Nov 8, 2016 Sold
Premium
Sold
Mar 26, 2015 Listed by RE/MAX Executive Realty $719,000
Listed by RE/MAX Executive Realty
New Architectural Design for Nelson Point Village, the very popular Wachusett Plan. Soaring two story family room...Well known Premier Builder, Developers of Grand View Estates & Stonybrook Farm Come in and Choose Your Finishing Touches......Granite Counters, Gas Fireplace with Marble Surround....Hardwood Flooring....Soaking Tub....First Floor Full Bath...Town Sewer/Water.....Natural Gas Heat....Easy Highway Access....Call For More Info....Other Models & Lots to Choose From.....
Aug 1, 1984 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,208
  • Total Building Area: 1,156
  • Gross Building Area: 2,382
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,156
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000349
  • 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: 739101

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 10829
  • Parcel: SHRE M:52 B:057000
  • Block: 57000
  • Municipality: SHREWSBURY
  • Latitude: 42.2521
  • Longitude: -71.7345

    Address

  • Full Address: 18 Nelson Point Rd
  • Address - House Number: 18
  • Address - Street Name: Nelson Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C022
  • 4-Digit Zip Code: 4651
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $483,200

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 457,179
  • High Value: 533,531
  • Low Value: 380,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,300
  • Assessed Land Value: $225,600
  • Assessed Improvements Value: $142,700

    Sales

  • Current Sale Recording Date: Aug 01, 1984
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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# 71807312

Frequently Asked Questions

When was property at 18 Nelson Point Road built and last sold?
The property at 18 Nelson Point Road was built in 1984 and last sold on Jan 1, 1970 for $67,000.
How much is this home worth?
The estimated value of the home located at 18 Nelson Point Road is $730,148.
What are some comparable homes to 18 Nelson Point Road?
There are currently no comparable homes to 18 Nelson Point Road.
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