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Worcester 01545
25 Pratt Lane
Photo of 25 Pratt Lane
Sold on Aug 18, 2008

1

Map

$317,000
● House - Off Market

25 Pratt Lane

Shrewsbury, MA 01545
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,787 Ft²
$640,873
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Northside cape on a cul de sac.  First floor family room and master bedroom.  Hardwood floors, eat in kitchen, 1 car garage.  Wood burning fireplace in living room.  Built-ins and bay windows in dining room.  Second floor is plumbed for a bathroom and has potential for third bedroom - just needs to be finished.
Unit Size
1,787 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$187
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1962

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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 #70773977)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
May 1, 2021 Listed $545,999
Listed
Aug 18, 2008 Sold
Premium
Sold
Jun 6, 2008 Listed $334,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 966
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,825
  • Total Building Area: 1,932
  • Gross Building Area: 3,891
  • Building Area: 1,932
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • 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: 739500

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 1447
  • Parcel: SHRE M:11 B:099000
  • Block: 99000
  • Municipality: SHREWSBURY
  • Latitude: 42.3118
  • Longitude: -71.6993

    Address

  • Full Address: 25 Pratt Ln
  • Address - House Number: 25
  • Address - Street Name: Pratt
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C023
  • 4-Digit Zip Code: 1654
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $628,700

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 614,127
  • High Value: 722,244
  • Low Value: 506,009

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,200
  • Assessed Land Value: $273,100
  • Assessed Improvements Value: $206,100

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105269
  • Previous Sale Recording Date: Aug 18, 2008
  • Previous Sale Amount: $317,000
  • 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

2384 ft²

Average Home Age

65.6 years

Currently For Sale

1965 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: 6 months ago
Data Source: MLS PIN, MLS# 70773977

Frequently Asked Questions

When was property at 25 Pratt Lane built and last sold?
The property at 25 Pratt Lane was built in 1962 and last sold on Jul 28, 2021 for $530,999.
How much is this home worth?
The estimated value of the home located at 25 Pratt Lane is $552,510.
What are some comparable homes to 25 Pratt Lane?
There are currently no comparable homes to 25 Pratt Lane.
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