$400,000
●
Condo -
Off Market
39 Eastern Point #39
Shrewsbury, MA 01545
2 Beds
4 Baths,
1
Half Bath
2,700 Ft²
$597,047
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Waterfront complex in Shrewsbury! Eastern Point homes are
good for the soul, practical for many but the opposite of
cookie-cutter! This 2 bed, 3.5 bath unit has a unique layout
with a full bath for each bedroom, which feature Brazilian cherry
wood floors. It has a large loft on the third floor, and a
beautifully finished walkout lower-level, complete with Murphy Bed
and full bath (with radiant heat flooring) to make hosting a
breeze! This unit has a garden area outside that not many
units have, in addition to the sun room which fills the unit with
light, and yet has plenty of privacy. Association has
beautiful pool, has a club house with grills, chairs, tables and
umbrellas and it's right on the water! Unit has central vac.
Too many closets to count.This complex is just minutes from
Lakeway Commons, the latest shopping plaza in Shrewsbury, complete
with Whole Foods and more! Low tax rate in Shrewsbury helps keep
taxes low! Close to UMass also.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
Condo
Property Taxes
$377
HOA Dues
$511
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: 4 years ago (MLSPIN #72536790)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2020 | Sold | ||
| Sold | |||
| Jul 18, 2019 | Listed by Coldwell Banker Realty - Worcester | $419,895 | |
| Listed by Coldwell Banker Realty - Worcester | |||
| Feb 28, 2000 | Sold | ||
| Sold | |||
| Nov 18, 1999 | Listed | $215,000 | |
| Listed | |||
| | |||
|
GORGEOUS TOWNHOUSE AT EASTERN POINT ON BEAUTIFUL LAKE QUINSIGAMOND. TWO MARBLE FIREPLACES/SUNROOM WITH LAKEVIEW NEUTRAL DECOR
| |||
| Jul 9, 1996 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood
Features: Flooring - Stone/Ceramic Tile
Level: Second
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Sun Room, Loft, Bedroom, Bonus Room, Central Vacuum
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Flooring - Hardwood
Laundry Features: In Building, Washer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: Condo
Parcel Number: 1676209
Water Source: Public
Financial Details
Tax Map Number: 25
Tax Assessed Value: $357,200
Tax Annual Amount: $4,522
Utilities Details
Utilities: for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Geothermal
Heating Type: Forced Air, Natural Gas, Geothermal, Ground Source Heat Pump, Space Heater
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Clubhouse
Association Fee Frequency: Monthly
HOA Fee: $511
Community Features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, Public School
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
07/18/2019
|
2 Bed
|
4 Bath
|
2700 ft²
|
$419,895
2 Bed
4 Bath
2700 ft²
|
$400,000
-4.74%
04/14/2020
|
Matthew Heisler
Heisler & Mattson Properties
| |
|
11/18/1999
|
3 Bed
|
3 Bath
|
1950 ft²
|
$215,000
3 Bed
3 Bath
1950 ft²
|
$215,000
02/28/2000
|
Jerry Bluhm
RE/MAX Executive Realty
| |
|
04/01/1996
|
3 Bed
|
3 Bath
|
1916 ft²
|
$169,900
3 Bed
3 Bath
1916 ft²
|
$165,000
-2.88%
07/09/1996
|
Candy Owen
LAER Realty Partners
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017