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Worcester 01545
37 Lakeside Drive
$146,500
● House - Off Market

37 Lakeside Drive

Shrewsbury, MA 01545
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$516,594
RealtyHop Estimate
239.86%
Since Aug 1, 1998
National-US
Primary Model

About This Property

YOUNG CAPE WITH A FRONT FARMERS PORCH, LARGE CABINET FILLED KITCHEN, FORMAL DINING ROOM, FRONT TO BACK LIVING ROOM, TILE FLOORS, GOOD SIZE BEDROOMS, LANDSCAPED LEVEL LOT, REAR STORAGE SHED, LAKE QUINSIGAMOND NEIGHBORHOOD.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$109
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1995

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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 years ago (MLSPIN #30229410)

Price History

Date / Event Date Event Price
Jul 27, 1998 Sold
Premium
Sold
Jun 4, 1998 Listed $152,000
Listed
Jul 26, 1996 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 1,469
  • Gross Building Area: 2,918
  • Building Area: 1,469
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,469
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • 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: 739101

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 10671
  • Parcel: SHRE M:51 B:159000
  • Block: 159000
  • Municipality: SHREWSBURY
  • Latitude: 42.247
  • Longitude: -71.7396

    Address

  • Full Address: 37 Lakeside Dr
  • Address - House Number: 37
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C022
  • 4-Digit Zip Code: 4541
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,900

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 488,926
  • High Value: 576,532
  • Low Value: 401,321

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,900
  • Assessed Land Value: $211,100
  • Assessed Improvements Value: $179,800

    Sales

  • Current Sale Recording Date: Jul 27, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 26, 1996
  • Previous Sale Amount: $139,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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 years ago
Data Source: MLS PIN, MLS# 30229410

Frequently Asked Questions

When was property at 37 Lakeside Drive built and last sold?
The property at 37 Lakeside Drive was built in 1995 and last sold on Jan 1, 1970 for $146,500.
How much is this home worth?
The estimated value of the home located at 37 Lakeside Drive is $166,118.
What are some comparable homes to 37 Lakeside Drive?
There are currently no comparable homes to 37 Lakeside Drive.
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