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Worcester 01545
312 Maple Ave
$505,000
● House - Off Market

312 Maple Ave

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,503 Ft²
$513,425
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Welcome home to this spacious charming cape.  This beauty offer 4 bedrooms, 3 full baths and it is in MOVE-IN condition. Some of the many features includes hardwood floors throughout, an updated kitchen with granite counters, a beautiful gas insert fireplace living room, a finished basement with plenty of pantry and closet storage, and so much more! All offers if any due Monday December 19th by 5:00pm.
Unit Size
1,503 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$323
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1966

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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 #73064717)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Dec 22, 2022 In contract -
In contract
Dec 13, 2022 Listed by Keller Williams Realty Greater Worcester $485,000
Listed by Keller Williams Realty Greater Worcester
May 27, 2016 Sold
Premium
Sold
Feb 26, 2016 Listed by Keller Williams Realty Greater Worcester $289,900
Listed by Keller Williams Realty Greater Worcester
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,299
  • Total Building Area: 1,503
  • Gross Building Area: 2,898
  • Building Area: 1,503
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,503
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • 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: 739202

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 6703
  • Parcel: SHRE M:32 B:374000
  • Block: 374000
  • Municipality: SHREWSBURY
  • Latitude: 42.2798
  • Longitude: -71.7345

    Address

  • Full Address: 312 Maple Ave
  • Address - House Number: 312
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C008
  • 4-Digit Zip Code: 2670
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531,600

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 530,788
  • High Value: 616,402
  • Low Value: 445,173

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,200
  • Assessed Land Value: $229,800
  • Assessed Improvements Value: $175,400

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9735
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Amount: $295,000
  • 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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 73064717

Frequently Asked Questions

When was property at 312 Maple Avenue built and last sold?
The property at 312 Maple Avenue was built in 1966 and last sold on Jan 31, 2023 for $505,000.
How much is this home worth?
The estimated value of the home located at 312 Maple Avenue is $478,823.
What are some comparable homes to 312 Maple Avenue?
There are currently no comparable homes to 312 Maple Avenue.
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