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Worcester 01545
41 Olde Colony Drive
$530,000
● House - Off Market

41 Olde Colony Drive

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,060 Ft²
$1,246,261
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

CUSTOM COLONIAL SET ON A WOODED KNOLL WITH PRIVACY*FP LIVING ROOM WITH BUILT-INS*FAMILY ROOM WITH CUSTOM BUILT-INS LEADING INTO GORGEOUS PORCH*FINISHED ROOMS IN LOW LEV*C/A* SECURITY*HUGE MASTER SUITE WITH FRENCH DOORS TO STUDY.
Unit Size
3,060 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$180
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #30715894)

Price History

Date / Event Date Event Price
Aug 8, 2003 Sold
Premium
Sold
May 1, 2003 Listed by Andrew J. Abu Inc., REALTORS® $549,900
Listed by Andrew J. Abu Inc., REALTORS®
Oct 10, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 0
  • 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: 1,252
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,416
  • Total Building Area: 2,890
  • Gross Building Area: 5,030
  • Building Area: 2,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,890
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY HILLS
  • Land Acres: 0000000744
  • 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 A

Geography

  • Account Number: 591
  • Parcel: SHRE M:05 B:005018
  • Block: 5018
  • Municipality: SHREWSBURY
  • Latitude: 42.3199
  • Longitude: -71.6967

    Address

  • Full Address: 41 Olde Colony Dr
  • Address - House Number: 41
  • Address - Street Name: Olde Colony
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 1638
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,038,200

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 899,497
  • High Value: 1,053,766
  • Low Value: 745,229

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $791,300
  • Assessed Land Value: $292,300
  • Assessed Improvements Value: $499,000

    Sales

  • Current Sale Recording Date: Aug 08, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00213801
  • Previous Sale Recording Date: Oct 10, 1991
  • Previous Sale Amount: $288,896
  • 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

2377 ft²

Average Home Age

65.2 years

Currently For Sale

2012 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# 30715894

Frequently Asked Questions

When was property at 41 Olde Colony Drive built and last sold?
The property at 41 Olde Colony Drive was built in 1990 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 41 Olde Colony Drive is $0.
What are some comparable homes to 41 Olde Colony Drive?
There are currently no comparable homes to 41 Olde Colony Drive.
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