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Worcester 01545
27 Lakeside Drive
$242,000
● House - Off Market

27 Lakeside Drive

Shrewsbury, MA 01545
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,125 Ft²
$355,332
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Great location with lake views.  Ranch style home with two bedrooms and one bathroom.  Large eat-in kitchen with plenty of cabinet space.   Front to back living room with wood floors views of the lake.  Windows and Rood updated (15 years)  Furnace updated. Basement for storage.  Two car heated garage.  Good size level back yard,   Great location, worth taking a look at the property.
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$222
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1960

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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 #72602145)

Price History

Date / Event Date Event Price
Apr 3, 2020 Sold
Premium
Sold
Dec 21, 2019 Listed by Keller Williams Realty Westborough $249,900
Listed by Keller Williams Realty Westborough

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1,125
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,860
  • Total Building Area: 1,125
  • Gross Building Area: 2,330
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000387
  • 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: 11298
  • Parcel: SHRE M:57 B:064000
  • Block: 64000
  • Municipality: SHREWSBURY
  • Latitude: 42.2464
  • Longitude: -71.739

    Address

  • Full Address: 27 Lakeside Dr
  • Address - House Number: 27
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C022
  • 4-Digit Zip Code: 4541
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,500

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 411,823
  • High Value: 495,412
  • Low Value: 328,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,200
  • Assessed Land Value: $227,100
  • Assessed Improvements Value: $120,100

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34230
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

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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# 72602145

Frequently Asked Questions

When was property at 27 Lakeside Drive built and last sold?
The property at 27 Lakeside Drive was built in 1960 and last sold on Mar 13, 2020 for $242,000.
How much is this home worth?
The estimated value of the home located at 27 Lakeside Drive is $256,059.
What are some comparable homes to 27 Lakeside Drive?
There are currently no comparable homes to 27 Lakeside Drive.
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