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Worcester 01545
4 Carter Road
$699,900
● House - Off Market

4 Carter Road

Shrewsbury, MA 01545
bedrooms
7 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,200 Ft²
$1,444,578
RealtyHop Estimate
106.40%
Since Jun 1, 2004
National-US
Primary Model

About This Property

LUXURIOUS FORMER TOLL BROS. MODEL HOME IS BRIMMING W/CUSTOM AMENITIES; NEW GRANITE COUNTERS, CATH. CEILINGS, HDWD FLRS, WAINSCOTING, CHAIR & CROWN MOLDINGS THROUGHOUT; CENTRAL AIR & VAC; AU PAIR SUITE; 21X40 IG POOL, 1,800 SF MAHOGANY DECK
Unit Size
5,200 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$135
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1988

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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 #30812287)

Price History

Date / Event Date Event Price
May 28, 2004 Sold
Premium
Sold
Feb 11, 2004 Listed by Northeast Realty $699,900
Listed by Northeast Realty
Oct 31, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 2,078
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 31,760
  • Total Building Area: 4,252
  • Gross Building Area: 7,504
  • Building Area: 4,252
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000729
  • 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: RUR A

Geography

  • Account Number: 539
  • Parcel: SHRE M:05 B:005047
  • Block: 5047
  • Municipality: SHREWSBURY
  • Latitude: 42.3241
  • Longitude: -71.6947

    Address

  • Full Address: 4 Carter Rd
  • Address - House Number: 4
  • Address - Street Name: Carter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 1663
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,327,500

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,120,499
  • High Value: 1,292,045
  • Low Value: 948,953

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,011,800
  • Assessed Land Value: $289,800
  • Assessed Improvements Value: $722,000

    Sales

  • Current Sale Recording Date: May 28, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 95139
  • Previous Sale Recording Date: Oct 31, 1990
  • Previous Sale Amount: $360,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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# 30812287

Frequently Asked Questions

When was property at 4 Carter Road built and last sold?
The property at 4 Carter Road was built in 1988 and last sold on Jan 1, 1970 for $699,900.
How much is this home worth?
The estimated value of the home located at 4 Carter Road is $707,467.
What are some comparable homes to 4 Carter Road?
There are currently no comparable homes to 4 Carter Road.
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