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Worcester 01545
5 Gates Road
Photo of 5 Gates Road
Sold on Aug 22, 2008

1

Map

$350,000
● House - Off Market

5 Gates Road

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,975 Ft²
$709,757
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Awesome colonial near beautiful Shrewsbury Center! Move right in to this meticulously maintained timeless style Brick front Colonial. The warm family room has a fireplace and berber carpet. The extra large windows in every room allow tons of sunlight thru, freshly painted interior, tiled kitchen, hardwood floors, Central vac, cedar closet. A huge basement with fireplace is just waiting to be finished for additional living space. Professionally landscaped yard is like a park.
Unit Size
1,975 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$187
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1968

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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 months ago (MLSPIN #70770272)

Price History

Date / Event Date Event Price
Aug 22, 2008 Sold
Premium
Sold
Jun 1, 2008 Listed $369,900
Listed

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,100
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,408
  • Total Building Area: 1,975
  • Gross Building Area: 3,631
  • Building Area: 1,975
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,975
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY
  • Land Acres: 0000000239
  • 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: 739402

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 3210
  • Parcel: SHRE M:22 B:033000
  • Block: 33000
  • Municipality: SHREWSBURY
  • Latitude: 42.2972
  • Longitude: -71.7112

    Address

  • Full Address: 5 Gates Rd
  • Address - House Number: 5
  • Address - Street Name: Gates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C005
  • 4-Digit Zip Code: 2328
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $727,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 650,294
  • High Value: 761,969
  • Low Value: 538,618

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,300
  • Assessed Land Value: $269,300
  • Assessed Improvements Value: $285,000

    Sales

  • Current Sale Recording Date: Aug 22, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00094828
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

2408 ft²

Average Home Age

62.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70770272

Frequently Asked Questions

When was property at 5 Gates Road built and last sold?
The property at 5 Gates Road was built in 1968 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 5 Gates Road is $379,658.
What are some comparable homes to 5 Gates Road?
There are currently no comparable homes to 5 Gates Road.
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