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Worcester
48 Shore Ave
$230,000
● House - Off Market

48 Shore Ave

Westminster, MA 01473
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,534 Ft²
$320,926
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Quaint home with 4 bedrooms on the private peninsula of Lakewood Park. Open living room floor plan with post and beam charm. Sit at your breakfast bar and enjoy the morning. The warmth of the pellet stove in the winter and the bay window over looking the lake will make living here in any season desirable. Driving down Shore Ave you'll enjoy the view of Mt. Wachusett all year long. New tight tank installed in 2016.
Unit Size
2,534 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$95
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #72653069)

Price History

Date / Event Date Event Price
Oct 14, 2020 Sold
Premium
Sold
May 7, 2020 Listed by Central Mass Real Estate $240,000
Listed by Central Mass Real Estate
Nov 19, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,534
  • Gross Building Area: 2,794
  • Building Area: 2,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,534
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: 1290
  • Parcel: WMIN M:147 B: L:27
  • Lot: 27
  • Municipality: WESTMINSTER
  • Latitude: 42.5285
  • Longitude: -71.8797

    Address

  • Full Address: 48 Shore Ave
  • Address - House Number: 48
  • Address - Street Name: Shore
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westminster
  • Carrier Code: R002
  • 4-Digit Zip Code: 1712
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $544,900

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 462,747
  • High Value: 554,575
  • Low Value: 370,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,200
  • Assessed Land Value: $176,600
  • Assessed Improvements Value: $240,600

    Sales

  • Current Sale Contract Date: Oct 10, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18204
  • Previous Sale Recording Date: Nov 19, 1993
  • Previous Sale Amount: $76,200
  • 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

2379 ft²

Average Home Age

65.3 years

Currently For Sale

1996 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: 6 months ago
Data Source: MLS PIN, MLS# 72653069

Frequently Asked Questions

When was property at 48 Shore Avenue built and last sold?
The property at 48 Shore Avenue was built in 1960 and last sold on Oct 10, 2020 for $230,000.
How much is this home worth?
The estimated value of the home located at 48 Shore Avenue is $262,723.
What are some comparable homes to 48 Shore Avenue?
There are currently no comparable homes to 48 Shore Avenue.
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