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Worcester 01545
29 Gates Rd
$280,000
● House - Off Market

29 Gates Rd

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,523 Ft²
$639,199
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Give your family the gift they really want this season, a new home.  Move right in and enjoy this newly remodeled home on a great dead end street near the center of Shrewsbury.  Nothing to do, except unpack.  Walking distance to the town center, Dean and Prospect Park.   New boiler, stainless steel appliances, new and refinished hardwood floors and upgraded finishes through-out the entire house.  Partially finished basement with storage and workshop area.  Don't miss this one!
Unit Size
1,523 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$187
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1953

Payment Calculator

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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 #71316583)

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by Calli Prendergast $420,000
Listed by Calli Prendergast
Mar 14, 2012 Sold
Premium
Sold
Dec 4, 2011 Listed by Calli Prendergast $284,900
Listed by Calli Prendergast
Oct 26, 2011 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,218
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,970
  • Total Building Area: 1,204
  • Gross Building Area: 2,528
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY
  • Land Acres: 0000000206
  • 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: 739402

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 3168
  • Parcel: SHRE M:22 B:422000
  • Block: 422000
  • Municipality: SHREWSBURY
  • Latitude: 42.2987
  • Longitude: -71.7108

    Address

  • Full Address: 29 Gates Rd
  • Address - House Number: 29
  • Address - Street Name: Gates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C005
  • 4-Digit Zip Code: 2328
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $579,500

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 556,970
  • High Value: 649,282
  • Low Value: 464,658

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,700
  • Assessed Land Value: $261,900
  • Assessed Improvements Value: $179,800

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77046
  • Previous Sale Recording Date: Mar 14, 2012
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: O
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 4 months ago
Data Source: MLS PIN, MLS# 71316583

Frequently Asked Questions

When was property at 29 Gates Road built and last sold?
The property at 29 Gates Road was built in 1953 and last sold on Jun 3, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 29 Gates Road is $414,452.
What are some comparable homes to 29 Gates Road?
There are currently no comparable homes to 29 Gates Road.
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