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Worcester 01545
3 Brookway Drive
$184,900
● House - Off Market

3 Brookway Drive

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,208 Ft²
$385,020
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

MULTIPLE OFFERS HIGHEST & BEST DUE 11/9/12 1:30PM EMAIL PREAP/POF AND CHECK TO LISTAGENT Do you want a ranch with large living room and all hardwood flooring? This corner lot location  has fenced-in yard. Basement has large Family Room with big fireplace for your enjoyment. Central Heat and Central A/C for your comfort.This is a Fannie Mae property so purchase w/ as little as 3% down w/ HomePath Renovation financing. Bright home with ample windows. One car garage with large breezeway to house.
Unit Size
1,208 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$149
Property Type
House
Property Taxes
$207
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 months ago (MLSPIN #71415537)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Sep 16, 2021 Listed by Lisboa Realty $320,000
Listed by Lisboa Realty
Jan 30, 2013 Sold
Premium
Sold
Jul 29, 2012 Listed by Lisboa Realty $179,900
Listed by Lisboa Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 888
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,084
  • Total Building Area: 888
  • Gross Building Area: 2,825
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 888
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE BLDG SALISBURY WEST
  • Land Acres: 0000000254
  • 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: 3319
  • Parcel: SHRE M:22 B:124000
  • Block: 124000
  • Municipality: SHREWSBURY
  • Latitude: 42.297
  • Longitude: -71.7028

    Address

  • Full Address: 3 Brookway Dr
  • Address - House Number: 3
  • Address - Street Name: Brookway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C004
  • 4-Digit Zip Code: 5011
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,800

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 438,165
  • High Value: 527,143
  • Low Value: 349,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,900
  • Assessed Land Value: $241,100
  • Assessed Improvements Value: $120,800

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 172063
  • Previous Sale Recording Date: Jan 30, 2013
  • Previous Sale Amount: $184,900
  • Previous Sale Document Type: 71
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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 71415537

Frequently Asked Questions

When was property at 3 Brookway Drive built and last sold?
The property at 3 Brookway Drive was built in 1960 and last sold on Nov 1, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 3 Brookway Drive is $313,360.
What are some comparable homes to 3 Brookway Drive?
There are currently no comparable homes to 3 Brookway Drive.
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