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Worcester 01545
29 Neptune Dr
$387,500
● House - Off Market

29 Neptune Dr

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,005 Ft²
$493,327
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

***OPEN HOUSE SUN 11/22  12-2 pm****** Move In Condition - North Side - Shrewsbury. Meticulously maintained 3 bedroom, 1 bath home on beautiful, private lot,  located in the Spring Street School district area on the North side of Shrewsbury. Home includes recently renovated bath, newer kitchen appliances, Corian countertops, gleaming hardwoods floors throughout, new oil tank, washer/dryer included. Open kitchen/dining room floor plan- 3rd bedroom can easily be converted into home office.  Freshly painted in neutral tones throughout. Additional living area located in basement is waiting for you to make it your own!  Sunny, newly constructed deck, looking out onto private wooded back yard-.39 acres.
Unit Size
1,005 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$378
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1960

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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: 5 years ago (MLSPIN #72759141)

Price History

Date / Event Date Event Price
Jan 12, 2021 Sold
Premium
Sold
Nov 19, 2020 Listed by eXp Realty $379,900
Listed by eXp Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 1,005
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,050
  • Total Building Area: 1,005
  • Gross Building Area: 2,274
  • Building Area: 1,005
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,005
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000391
  • 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: 1208
  • Parcel: SHRE M:10 B:107000
  • Block: 107000
  • Municipality: SHREWSBURY
  • Latitude: 42.3105
  • Longitude: -71.7131

    Address

  • Full Address: 29 Neptune Dr
  • Address - House Number: 29
  • Address - Street Name: Neptune
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C001
  • 4-Digit Zip Code: 1942
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $507,200

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 477,887
  • High Value: 564,797
  • Low Value: 390,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,600
  • Assessed Land Value: $276,700
  • Assessed Improvements Value: $109,900

    Sales

  • Current Sale Contract Date: Jan 05, 2021
  • Current Sale Recording Date: Jan 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4801
  • Previous Sale Recording Date: Apr 24, 2008
  • 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

2377 ft²

Average Home Age

65.2 years

Currently For Sale

2012 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: 5 years ago
Data Source: MLS PIN, MLS# 72759141

Frequently Asked Questions

When was property at 29 Neptune Drive built and last sold?
The property at 29 Neptune Drive was built in 1960 and last sold on Jan 5, 2021 for $387,500.
How much is this home worth?
The estimated value of the home located at 29 Neptune Drive is $380,467.
What are some comparable homes to 29 Neptune Drive?
There are currently no comparable homes to 29 Neptune Drive.
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