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Worcester 01545
3 Walnut Dr
$540,000
● House - Off Market

3 Walnut Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,086 Ft²
$1,016,704
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Magnificent in design and scale, this unique 9 room 4 bedroom Cape Contemporary offers a flexible floor plan that will accommodate a blended family with older children or in-law members  with a potential in-law unit with rough plumbing for kitchenette and separate entrance...This unique layout offers 2 bedrooms down with a full bath...Master up with spa like bathroom...Superb construction rarely seen in homes today, this meticulously maintained home exudes the aura of comfort and excellence throughout ...3,000+ sq. ft. of sumptuous living space great for entertaining inside our outside on the patio with fire pit...The potential in-law is currently used as an in home office with 3 rooms and a full bath accessible from the master or exterior...You cannot beat this Location!!
Unit Size
3,086 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$178
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1994

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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 #71672464)

Price History

Date / Event Date Event Price
Jul 25, 2014 Sold
Premium
Sold
Apr 30, 2014 Listed by Collins & Demac Real Estate $548,000
Listed by Collins & Demac Real Estate
Oct 15, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,506
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,543
  • Total Building Area: 3,352
  • Gross Building Area: 7,110
  • Building Area: 3,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,352
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAUL KESSELI
  • Land Acres: 0000000311
  • 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: 739401

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 3936
  • Parcel: SHRE M:23 B:374001
  • Block: 374001
  • Municipality: SHREWSBURY
  • Latitude: 42.2941
  • Longitude: -71.6877

    Address

  • Full Address: 3 Walnut Dr
  • Address - House Number: 3
  • Address - Street Name: Walnut
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C021
  • 4-Digit Zip Code: 3360
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $953,300

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 903,967
  • High Value: 1,062,951
  • Low Value: 744,984

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $726,600
  • Assessed Land Value: $243,500
  • Assessed Improvements Value: $483,100

    Sales

  • Current Sale Recording Date: Jul 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66927
  • Previous Sale Recording Date: Oct 15, 1993
  • Previous Sale Amount: $213,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 71672464

Frequently Asked Questions

When was property at 3 Walnut Drive built and last sold?
The property at 3 Walnut Drive was built in 1994 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 3 Walnut Drive is $566,519.
What are some comparable homes to 3 Walnut Drive?
There are currently no comparable homes to 3 Walnut Drive.
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