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Worcester 01545
48 Old Brook Rd
$563,000
● House - Off Market

48 Old Brook Rd

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
4 Baths
square feet
1,925 Ft²
$595,980
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Amazing opportunity to live in this CENTRALLY located home in SHREWSBURY!  Enjoy the the peaceful BACKYARD complete with swimming POOL, deck (2016) and patio (2016) with FIREPIT. ***Spacious FLOORPLAN with both a family and living room for plenty of ENTERTAINING. ***2nd floor BEDROOMS are generously sized and primary bedroom has its own BATH. ***This home has loads of HARDWOODS throughout, 2 car GARAGE, 3.5 bathrooms, 3 FIREPLACES and extra living space in the WALKOUT basement. ***Walk to the center of TOWN, minutes to SCHOOLS, shopping, Route 9, 290, Route 20.   ***Showings begin immediately.  Don't MISS this home. ***Set an appointment TODAY or Open house cancelled***OFFER DEADLINE-SATURDAY, AUGUST 14TH AT NOON***
Unit Size
1,925 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$273
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1976

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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: 5 years ago (MLSPIN #72879154)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by Mathieu Newton Sotheby's International Realty $525,000
Listed by Mathieu Newton Sotheby's International Realty
Jul 17, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • 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: 832
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 31,650
  • Total Building Area: 1,925
  • Gross Building Area: 4,124
  • Building Area: 1,925
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLDE-BROOKE
  • Land Acres: 0000000727
  • 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: 739401

Zoning

  • Zoning: RES A

Geography

  • Account Number: 5486
  • Parcel: SHRE M:28 B:236031
  • Block: 236031
  • Municipality: SHREWSBURY
  • Latitude: 42.2866
  • Longitude: -71.7039

    Address

  • Full Address: 48 Old Brook Rd
  • Address - House Number: 48
  • Address - Street Name: Old Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C026
  • 4-Digit Zip Code: 5415
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $757,400

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 676,385
  • High Value: 795,464
  • Low Value: 557,307

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $577,300
  • Assessed Land Value: $268,000
  • Assessed Improvements Value: $309,300

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129356
  • Previous Sale Recording Date: Jul 17, 1987
  • Previous Sale Amount: $240,000
  • 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72879154

Frequently Asked Questions

When was property at 48 Old Brook Road built and last sold?
The property at 48 Old Brook Road was built in 1976 and last sold on Sep 15, 2021 for $550,332.
How much is this home worth?
The estimated value of the home located at 48 Old Brook Road is $0.
What are some comparable homes to 48 Old Brook Road?
There are currently no comparable homes to 48 Old Brook Road.
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