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Worcester 01545
35 Mercury Dr
$305,000
● House - Off Market

35 Mercury Dr

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,246 Ft²
$491,487
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

A meticulous three-bedroom, two-bath home located with ample backyard in Spring Street School neighborhood, one of Shrewsbury's most desirable living locations. Centrally located close to Dean Park, shopping centers, commuter rail station and highways. Finished walkout basement. Hardwood floor on the mail level. Freshly painted exterior, window and interior. Many upgrades include 200 AMP electric, newer furnace, newer windows on first floor, brand new washer, new toilet and new bathroom floor on basement. cedar wood back deck and front porch. Cedar storage shed. This exceptional property is move-in ready! Great location! Great opportunity! Great potentials!
Unit Size
1,246 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$261
Property Type
House
Property Taxes
$297
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: 6 months ago (MLSPIN #72325508)

Price History

Date / Event Date Event Price
Aug 16, 2018 Sold
Premium
Sold
May 10, 2018 Listed by StartPoint Realty $324,900
Listed by StartPoint Realty
Dec 29, 2003 Sold
Premium
Sold
Nov 5, 2003 Listed by StartPoint Realty $265,500
Listed by StartPoint Realty
Nov 27, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 12,984
  • Total Building Area: 1,005
  • Gross Building Area: 2,178
  • Building Area: 1,005
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,005
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROSPECT WOODLANDS SHREWSBURY
  • Land Acres: 0000000298
  • 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: 1090
  • Parcel: SHRE M:10 B:101000
  • Block: 101000
  • Municipality: SHREWSBURY
  • Latitude: 42.3105
  • Longitude: -71.7106

    Address

  • Full Address: 35 Mercury Dr
  • Address - House Number: 35
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C001
  • 4-Digit Zip Code: 1937
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $519,200

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 484,569
  • High Value: 572,695
  • Low Value: 396,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,700
  • Assessed Land Value: $272,100
  • Assessed Improvements Value: $123,600

    Sales

  • Current Sale Recording Date: Aug 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85903
  • Previous Sale Recording Date: Dec 29, 2003
  • Previous Sale Amount: $265,500
  • 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

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 6 months ago
Data Source: MLS PIN, MLS# 72325508

Frequently Asked Questions

When was property at 35 Mercury Drive built and last sold?
The property at 35 Mercury Drive was built in 1960 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 35 Mercury Drive is $327,050.
What are some comparable homes to 35 Mercury Drive?
There are currently no comparable homes to 35 Mercury Drive.
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