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Worcester 01545
19 Phillips Avenue
$331,000
● House - Off Market

19 Phillips Avenue

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,241 Ft²
$326,088
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Dont miss your chance to make this house your home.  Exceptional opportunity to get into the sought after town of Shrewsbury at a reasonable price!  Home is on a quiet street and minutes away from the highway, shopping, UMass hospital, restaurants and more. Looking for a home with 3 bedrooms?  This home has it and each bedroom is a very generous size-with hardwood flooring!  Home has a spacious, flat back yard for outdoor activities and plenty of space for a pet. Or build a fire pit and sit and relax. Plenty of off street parking.  Very large living room with a working fireplace.  New furnace-2022. Excellent opportunity for first time homebuyers-even flippers/contractors/builders who are not afraid of doing some work. Property needs some TLC and being sold AS-IS.
Unit Size
1,241 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$249
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1922

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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: 6 months ago (MLSPIN #73038102)

Price History

Date / Event Date Event Price
Nov 16, 2022 Sold
Premium
Sold
Sep 22, 2022 In contract -
In contract
Sep 18, 2022 Listed by New England Home Realty $309,000
Listed by New England Home Realty
Jun 28, 1996 Sold
Premium
Sold
Apr 5, 1996 Listed by New England Home Realty $109,900
Listed by New England Home Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • 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: 4
  • 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: 696
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,755
  • Total Building Area: 1,241
  • Gross Building Area: 2,272
  • Building Area: 1,241
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,241
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 739202

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 6339
  • Parcel: SHRE M:31 B:092000
  • Block: 92000
  • Municipality: SHREWSBURY
  • Latitude: 42.282
  • Longitude: -71.7513

    Address

  • Full Address: 19 Phillips Ave
  • Address - House Number: 19
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C027
  • 4-Digit Zip Code: 2153
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,300

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 405,624
  • High Value: 485,924
  • Low Value: 325,324

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,600
  • Assessed Land Value: $199,000
  • Assessed Improvements Value: $104,600

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123155
  • Previous Sale Recording Date: Jun 28, 1996
  • Previous Sale Amount: $105,000
  • Previous 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 6 months ago
Data Source: MLS PIN, MLS# 73038102

Frequently Asked Questions

When was property at 19 Phillips Avenue built and last sold?
The property at 19 Phillips Avenue was built in 1922 and last sold on Nov 16, 2022 for $331,000.
How much is this home worth?
The estimated value of the home located at 19 Phillips Avenue is $307,121.
What are some comparable homes to 19 Phillips Avenue?
There are currently no comparable homes to 19 Phillips Avenue.
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