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Worcester 01581
2 Shepherd Rd
$271,000
● House - Off Market

2 Shepherd Rd

Westborough, MA 01581
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,585 Ft²
$697,158
RealtyHop Estimate
149.07%
Since Aug 1, 2002
National-US
Primary Model

About This Property

CHARMING 2/2 LOG CABIN W/OPEN FLOOR PLAN, WOOD STOVE IN LR, FRONT PORCH, LARGE REAR DECK W/BUILT IN HOT TUB. OVERSIZED DETACHED 1CAR GARAGE.  1/2ACRE LOT W/FENCED BACKYARD.  HOUSE WIRED FOR ETHERNET.  CLOSE TO SHOPS AND MAJOR ROUTES.
Unit Size
1,585 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$177
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1981

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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 #30602367)

Price History

Date / Event Date Event Price
Jul 15, 2002 Sold
Premium
Sold
Apr 30, 2002 Listed by Keller Williams Realty $279,900
Listed by Keller Williams Realty
Apr 26, 1996 Sold
Premium
Sold
Nov 20, 1995 Listed by Keller Williams Realty $145,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 784
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,404
  • Total Building Area: 1,389
  • Gross Building Area: 2,666
  • Building Area: 1,389
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,389
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTBOROUGH
  • Land Acres: 0000000583
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 761200

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0028 B:000228 L:0
  • Block: 228
  • Municipality: WESTBOROUGH
  • Latitude: 42.2818
  • Longitude: -71.6024

    Address

  • Full Address: 2 Shepherd Rd
  • Address - House Number: 2
  • Address - Street Name: Shepherd
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westborough
  • Carrier Code: C006
  • 4-Digit Zip Code: 1423
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $800,800

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 579,752
  • High Value: 679,464
  • Low Value: 480,040

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,000
  • Assessed Land Value: $265,000
  • Assessed Improvements Value: $223,000

    Sales

  • Current Sale Recording Date: Jul 15, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 26, 1996
  • Previous Sale Amount: $138,000
  • 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30602367

Frequently Asked Questions

When was property at 2 Shepherd Road built and last sold?
The property at 2 Shepherd Road was built in 1981 and last sold on Jan 1, 1970 for $271,000.
How much is this home worth?
The estimated value of the home located at 2 Shepherd Road is $291,878.
What are some comparable homes to 2 Shepherd Road?
There are currently no comparable homes to 2 Shepherd Road.
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