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Worcester 01545
2 Cherry Hill Rd
$613,000
● House - Off Market

2 Cherry Hill Rd

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,770 Ft²
$638,062
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Elegant and meticulously maintained 3 Bed 2.5 Bath contemporary colonial house with open floor plan. Bright and Sunny living room with cathedral ceiling and gas fireplace. Gorgeous Kitchen with stainless steel appliances, recessed lighting, and ample cabinet space. Spacious dining area with slider access to the deck. The 2nd floor boasts a large master bedroom with an attached full bath and two additional spacious bedrooms with access to a common full bath. Beautiful flat backyard with playground, playscape and many entertainment features. Gas Heat, Central Air, 2 Car Garage, Walking Trails and Pond nearby, minutes to train station and shopping. Showing begins at Open House on Saturday 11/13 1:00 PM To 3:00 PM.
Unit Size
1,770 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$333
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1989

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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 #72919076)

Price History

Date / Event Date Event Price
Jan 11, 2022 Sold
Premium
Sold
Nov 11, 2021 Listed by Sumathi Narayanan Realty LLC $589,900
Listed by Sumathi Narayanan Realty LLC
Jun 13, 2012 Sold
Premium
Sold
Mar 30, 2012 Listed by Sumathi Narayanan Realty LLC $369,900
Listed by Sumathi Narayanan Realty LLC
Feb 28, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 716
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,331
  • Total Building Area: 1,552
  • Gross Building Area: 3,070
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS FARM ESTATES
  • Land Acres: 0000000375
  • 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: 739102

Zoning

  • Zoning: RUR B

Geography

  • Account Number: 10490
  • Parcel: SHRE M:48 B:009004
  • Block: 9004
  • Municipality: SHREWSBURY
  • Latitude: 42.2596
  • Longitude: -71.6957

    Address

  • Full Address: 2 Cherry Hill Rd
  • Address - House Number: 2
  • Address - Street Name: Cherry Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R003
  • 4-Digit Zip Code: 4700
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $678,400

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 672,310
  • High Value: 813,945
  • Low Value: 530,675

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,100
  • Assessed Land Value: $266,000
  • Assessed Improvements Value: $251,100

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4074
  • Previous Sale Recording Date: Jun 13, 2012
  • Previous Sale Amount: $351,000
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72919076

Frequently Asked Questions

When was property at 2 Cherry Hill Road built and last sold?
The property at 2 Cherry Hill Road was built in 1989 and last sold on Jan 11, 2022 for $613,000.
How much is this home worth?
The estimated value of the home located at 2 Cherry Hill Road is $582,433.
What are some comparable homes to 2 Cherry Hill Road?
There are currently no comparable homes to 2 Cherry Hill Road.
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