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Worcester 01545
2 Pal Drive
$182,500
● House - Off Market

2 Pal Drive

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,009 Ft²
$437,500
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Full basement ranch perfect for first time buyers or those looking to down size! Large level corner lot in quiet neighborhood minutes to rte 9. Vinyl siding, updated windows (1999), updated (2000) eat-in kitchen w/oak cabinets, all appliances included, hardwood flooring throughout, Fireplace, 200 amp electrical service.Home currently has oil heat but gas is in the street*6-8 parking spaces w/plenty of room for a garage! Quick Closing Available. Freshly painted inside.NOT a short sale/foreclosure
Unit Size
1,009 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$193
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1953

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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: 6 months ago (MLSPIN #71278326)

Price History

Date / Event Date Event Price
Mar 15, 2012 Sold
Premium
Sold
Aug 23, 2011 Listed by ERA Key Realty Services- Fram $195,000
Listed by ERA Key Realty Services- Fram
Feb 24, 1999 Sold
Premium
Sold
Dec 21, 1998 Listed by ERA Key Realty Services- Fram $134,900
Listed by ERA Key Realty Services- Fram

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 0
  • 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: 9,065
  • Total Building Area: 960
  • Gross Building Area: 1,945
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOOD ACRES
  • Land Acres: 0000000208
  • 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: 739201

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 10312
  • Parcel: SHRE M:46 B:016000
  • Block: 16000
  • Municipality: SHREWSBURY
  • Latitude: 42.2637
  • Longitude: -71.7373

    Address

  • Full Address: 2 Pal Dr
  • Address - House Number: 2
  • Address - Street Name: Pal
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C003
  • 4-Digit Zip Code: 4347
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,700

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 432,627
  • High Value: 513,764
  • Low Value: 351,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,300
  • Assessed Land Value: $234,400
  • Assessed Improvements Value: $112,900

    Sales

  • Current Sale Recording Date: Mar 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Feb 24, 1999
  • Previous Sale Amount: $129,000
  • 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

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71278326

Frequently Asked Questions

When was property at 2 Pal Drive built and last sold?
The property at 2 Pal Drive was built in 1953 and last sold on Jan 1, 1970 for $182,500.
How much is this home worth?
The estimated value of the home located at 2 Pal Drive is $198,965.
What are some comparable homes to 2 Pal Drive?
There are currently no comparable homes to 2 Pal Drive.
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