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Worcester 01545
2 Flanagan Dr
$570,000
● House - Off Market

2 Flanagan Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,504 Ft²
$972,174
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

THIS BEAUTIFUL HOME IS FEATURED ON 1.5 ACRE PRIVATE LOT. CLOSE TO CENTER OF TOWN IN A NEIGHBORHOOD. THE FIRST FLOOR HAS AN OPEN FLOOR PAN . THE FAMILY ROOM HAS HARDWOOD FLOORS, A GAS LOG FIREPLACE, RECESSED LIGHTING, AND NUMEROUS WINDOWS WHICH FLOOD THE ROOM WITH NATURAL LIGHT. THE MASTER SUITE FEATURES A BALCONY OVERLOOKING THE PRIVATE REAR YEARD. A SPACIOUS MASTER BATH WITH MARBLE TILE, WHIRLPOOL TUB AND LARGE WALK IN TILE SHOWER.
Unit Size
3,504 Ft²
Days on Market
-
Land Size
1.51 acres
Price per sqft
$168
Property Type
House
Property Taxes
$658
HOA Dues
-
Year Built
2002

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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: 4 months ago (MLSPIN #72100281)

Price History

Date / Event Date Event Price
Mar 20, 2017 Sold
Premium
Sold
Dec 9, 2016 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $589,995
Listed by Coldwell Banker Residential Brokerage - Shrewsbury
Mar 14, 2011 Sold
Premium
Sold
Jan 19, 2011 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $575,000
Listed by Coldwell Banker Residential Brokerage - Shrewsbury
Aug 1, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,536
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,776
  • Total Building Area: 3,504
  • Gross Building Area: 6,288
  • Building Area: 3,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,504
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWARD H DRELINGER
  • Land Acres: 0000001510
  • 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: 739401

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 5505
  • Parcel: SHRE M:28 B:287001
  • Block: 287001
  • Municipality: SHREWSBURY
  • Latitude: 42.2881
  • Longitude: -71.7057

    Address

  • Full Address: 2 Flanagan Dr
  • Address - House Number: 2
  • Address - Street Name: Flanagan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C006
  • 4-Digit Zip Code: 3004
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,147,600

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 980,404
  • High Value: 1,135,665
  • Low Value: 825,142

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $874,700
  • Assessed Land Value: $292,700
  • Assessed Improvements Value: $582,000

    Sales

  • Current Sale Recording Date: Mar 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27703
  • Previous Sale Recording Date: Mar 14, 2011
  • Previous Sale Amount: $605,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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# 72100281

Frequently Asked Questions

When was property at 2 Flanagan Drive built and last sold?
The property at 2 Flanagan Drive was built in 2002 and last sold on Jan 1, 1970 for $570,000.
How much is this home worth?
The estimated value of the home located at 2 Flanagan Drive is $613,438.
What are some comparable homes to 2 Flanagan Drive?
There are currently no comparable homes to 2 Flanagan Drive.
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