$575,000
●
Condo -
Off Market
32 Eastern Point Dr #32
Shrewsbury, MA 01545
2 Beds
3 Baths
1,964 Ft²
$613,289
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Simply stunning waterfront townhome in Shrewsbury- Welcome to 32
Easter Point Drive! This gorgeous renovated end unit condo on
Lake Quinsigamond is spacious with direct access to the lake. The
townhome showcases gleaming hardwood floors, sun filled dining
room, bright & open kitchen w/ stainless steel appliances, granite
countertops , & built in pantry, sunken in living room w/
fireplace, sunroom w/ access to outdoor patio, & just steps to your
boat slip! The Master bedroom has vaulted ceilings,
fireplace, private balcony & large Master Bath. The flexible loft
space is perfect for a home office. The guest bedroom also features
its own full bath! Other features include an updated lower level
currently set up as home gym, a dedicated laundry room, 1 car
garage, plus a brand new gas heating/ cooling system to be
installed soon. This complex has a waterfront in-ground pool &
clubhouse. Convenient location-minutes to UMass, Rt 290, MA Pike,
shopping & more! Time to enjoy Lake Life!
Unit Size
1,964 Ft²
Days on Market
-
Land Size
-
Price per sqft
$280
Property Type
Condo
Property Taxes
$438
HOA Dues
$594
Year Built
1986
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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 #72888349)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by Keller Williams Realty Boston Northwest | $550,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Apr 7, 2016 | Listed by First Step Realty | $370,000 | |
| Listed by First Step Realty | |||
| | |||
|
Great opportunity to reside in this beautifully renovated waterfront townhome on Lake Quinsigamond. Inside you will enjoy all gleaming hardwoods throughout the first level, and a renovated kitchen with granite and stainless steel appliances. Sunken fireplace family room looks out onto Lake Quinsigamond. Formal dining room with crown moldings. Half bath with granite and tile floor completes the first level. New carpets installed in bedrooms. Master luxury bath is all new with double sink vanity surrounded by granite. Loft area offers more space for in-home office or exercise room. Water views from kitchen, living, and master bedroom. You will be so impressed with this end unit with oversized windows leading from bottom to top of stairway.
| |||
| Dec 1, 2015 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: Main
Width: 11
Length: 13
Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan
Area: 143
Level: Second
Area: 54
Width: 6
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Double Vanity
Length: 9
Area: 24
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Length: 4
Level: First
Width: 6
Level: Second
Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
Width: 17
Length: 11
Area: 187
Width: 13
Features: Flooring - Hardwood, Exterior Access, Open Floorplan
Length: 12
Level: First
Area: 156
Length: 13
Level: First
Area: 247
Features: Exterior Access, Open Floorplan, Sunken
Width: 19
Width: 11
Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Second
Area: 77
Length: 7
Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Slider
Level: Second
Length: 18
Width: 19
Area: 342
Level: Third
Features: Flooring - Wall to Wall Carpet
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Closet, Lighting - Overhead, Exercise Room, Office, Sun Room, Foyer, Entry Hall, Central Vacuum
Appliances: Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: Laundry Closet, Lighting - Overhead, In Basement, In Unit, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Eastern Point
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Deck, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: RUB
Parcel Number: 1676202
Water Source: Public
Financial Details
Tax Assessed Value: $398,600
Tax Annual Amount: $5,258
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Trash
HOA/Condo/Coop Amenities: Pool, Clubhouse
Association Fee Frequency: Monthly
HOA Fee: $594
Community Features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, House of Worship, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/31/2021
|
2 Bed
|
3 Bath
|
1964 ft²
|
$550,000
2 Bed
3 Bath
1964 ft²
|
$575,000
+4.55%
11/05/2021
|
Ranwa Raad
Keller Williams Realty Boston Northwest
| |
|
04/07/2016
|
2 Bed
|
3 Bath
|
1964 ft²
|
$370,000
2 Bed
3 Bath
1964 ft²
|
$365,000
-1.35%
07/29/2016
|
Laurel Jacobson
Coldwell Banker Residential Brokerage - Shrewsbury
| |
|
09/19/2015
|
2 Bed
|
3 Bath
|
1964 ft²
|
$299,000
2 Bed
3 Bath
1964 ft²
|
$265,000
-11.37%
12/01/2015
|
Susan Bellino
Coldwell Banker Residential Brokerage - Shrewsbury
| |
|
03/22/2000
|
2 Bed
|
3 Bath
|
1964 ft²
|
$263,000
2 Bed
3 Bath
1964 ft²
|
$250,000
-4.94%
07/27/2000
|
Carl Abbascia
Carlton Real Estate
|
Building Info
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