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Worcester 01545
2 Nelson Point Rd
$725,000
● House - Off Market

2 Nelson Point Rd

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,325 Ft²
$842,964
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Last Single Family Home in Nelson Point Village....Very Popular Pellagio Valley House Design....Loaded with Standard Features....Hardi-Board Siding...Dedicated Circuit for Electric Vehicles...Gourmet Kitchen with Thermidor Appliances...High Performance Exterior Venting Hood....Stone Counters Throughout....Gas Fireplace with Custom Mantle Surround...Intricate Molding Detail...Walk-out Basement with Rough for Full Bath...All this and Much More...Call Now For More Details...
Unit Size
2,325 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$322
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72741718)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold
Premium
Sold
Oct 12, 2020 Listed by Redfin Corp. $749,000
Listed by Redfin Corp.
Apr 29, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,535
  • Total Building Area: 2,400
  • Gross Building Area: 3,928
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NELSON POINT
  • Land Acres: 0000000494
  • 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: 13394
  • Parcel: SHRE M:52 B:055021
  • Block: 55021
  • Municipality: SHREWSBURY
  • Latitude: 42.2532
  • Longitude: -71.7317

    Address

  • Full Address: 2 Nelson Point Rd
  • Address - House Number: 2
  • 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: $930,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 843,200
  • High Value: 984,020
  • Low Value: 702,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $709,100
  • Assessed Land Value: $231,700
  • Assessed Improvements Value: $477,400

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 149130
  • Previous Sale Recording Date: Apr 29, 2011
  • Previous Sale Amount: $2,237,500
  • 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

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: 5 years ago
Data Source: MLS PIN, MLS# 72741718

Frequently Asked Questions

When was property at 2 Nelson Point Road built and last sold?
The property at 2 Nelson Point Road was built in 2021 and last sold on Oct 22, 2021 for $725,000.
How much is this home worth?
The estimated value of the home located at 2 Nelson Point Road is $0.
What are some comparable homes to 2 Nelson Point Road?
There are currently no comparable homes to 2 Nelson Point Road.
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