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Worcester 01545
48 Cherry St
$635,000
● House - Off Market

48 Cherry St

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,284 Ft²
$1,402,720
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

This Custom Home Has It All...Potential In Law Set Up...2 Full Kitchens...4 Full Baths...SS Appliances In Both Kitchens...Hardwood Floors And Ceramic Throughout...Granite Counters...The Finished Walkout Basement Is Self Contained Living With Full Kitchen And Laundry With French Doors Leading To Pergola Patio... Fenced Backyard...Full Privacy...See Brochure For All Energy & Construction Details...Too Much To List...This Home Cannot Be Built For This Price
Unit Size
4,284 Ft²
Days on Market
-
Land Size
1.66 acres
Price per sqft
$152
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
2009

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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 #71373405)

Price History

Date / Event Date Event Price
Oct 18, 2012 Sold
Premium
Sold
Apr 26, 2012 Listed by Collins & Demac Real Estate $650,000
Listed by Collins & Demac Real Estate
Nov 7, 2008 Sold
Premium
Sold
Jul 28, 2008 Sold
Premium
Sold
Feb 18, 2008 Listed by Collins & Demac Real Estate $140,000
Listed by Collins & Demac Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,434
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 72,310
  • Total Building Area: 3,043
  • Gross Building Area: 6,202
  • Building Area: 3,043
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,043
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY
  • Land Acres: 0000001660
  • 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: RES A

Geography

  • Account Number: 7604
  • Parcel: SHRE M:34 B:047000
  • Block: 47000
  • Municipality: SHREWSBURY
  • Latitude: 42.2738
  • Longitude: -71.7068

    Address

  • Full Address: 48 Cherry St
  • Address - House Number: 48
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R004
  • 4-Digit Zip Code: 4003
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,242,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,186,239
  • High Value: 1,398,763
  • Low Value: 973,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $946,900
  • Assessed Land Value: $327,200
  • Assessed Improvements Value: $619,700

    Sales

  • Current Sale Recording Date: Oct 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Nov 07, 2008
  • Previous Sale Amount: $195,000
  • 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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 71373405

Frequently Asked Questions

When was property at 48 Cherry Street built and last sold?
The property at 48 Cherry Street was built in 2009 and last sold on Jan 1, 1970 for $635,000.
How much is this home worth?
The estimated value of the home located at 48 Cherry Street is $680,334.
What are some comparable homes to 48 Cherry Street?
There are currently no comparable homes to 48 Cherry Street.
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