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Worcester 01545
45 Thomas Farm Cir
$478,000
● House - Off Market

45 Thomas Farm Cir

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$581,893
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Thomas Farm Circle is the quintessential setting for this lovely home on a well maintained corner lot in Shrewsbury offering 3 bedrooms, 2 baths and so much more! The home features gleaming wood floors and recent updates of the kitchen and bathrooms which include tile flooring. Step outside onto the inviting open deck to relax with a good book and a cup of coffee on a sun filled morning. Working wood stove provides comfort on a cold winter night and a beautifully manicured backyard lends for a perfect outdoor summer BBQ. Roof replaced in 2014. This home is a must see!
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$269
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1993

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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 years ago (MLSPIN #72719353)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Sep 2, 2020 Listed by Aikins Properties $439,000
Listed by Aikins Properties
Aug 2, 1993 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,476
  • Total Building Area: 1,632
  • Gross Building Area: 2,568
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRATT FARM ESTATES
  • Land Acres: 0000000470
  • 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: 739102

Zoning

  • Zoning: RUR B

Geography

  • Account Number: 9647
  • Parcel: SHRE M:42 B:002036
  • Block: 2036
  • Municipality: SHREWSBURY
  • Latitude: 42.2675
  • Longitude: -71.6993

    Address

  • Full Address: 45 Thomas Farm Cir
  • Address - House Number: 45
  • Address - Street Name: Thomas Farm
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R004
  • 4-Digit Zip Code: 4059
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $636,200

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 625,680
  • High Value: 735,832
  • Low Value: 515,528

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,900
  • Assessed Land Value: $250,600
  • Assessed Improvements Value: $234,300

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138517
  • Previous Sale Recording Date: Aug 02, 1993
  • Previous Sale Amount: $159,740
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2400 ft²

Average Home Age

64.3 years

Currently For Sale

2080 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72719353

Frequently Asked Questions

When was property at 45 Thomas Farm Circle built and last sold?
The property at 45 Thomas Farm Circle was built in 1993 and last sold on Oct 13, 2020 for $478,000.
How much is this home worth?
The estimated value of the home located at 45 Thomas Farm Circle is $449,086.
What are some comparable homes to 45 Thomas Farm Circle?
There are currently no comparable homes to 45 Thomas Farm Circle.
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