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Worcester 01545
5 Pal Drive
$300,000
● House - Off Market

5 Pal Drive

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,332 Ft²
$475,721
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

This is what you have been waiting for, Super cute, sunny Ranch with new kitchen, hardwood floors and a fabulous backyard with a sparkling inground pool.  Updated windows, stainless appliances, shiny hardwood floors.   Add to this a finished family room, den and laundry room on the lower level with new carpet thruout.. Quaint neighborhood but still close to everything you need.  This is a gem.
Unit Size
1,332 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$225
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1953

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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: 4 months ago (MLSPIN #72228627)

Price History

Date / Event Date Event Price
Sep 9, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by CENTURY 21 Nashoba Associates $399,900
Listed by CENTURY 21 Nashoba Associates
Nov 14, 2017 Sold
Premium
Sold
Sep 14, 2017 Listed by CENTURY 21 Nashoba Associates $299,900
Listed by CENTURY 21 Nashoba Associates
Oct 10, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,456
  • Total Building Area: 950
  • Gross Building Area: 1,925
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOOD ACREAS
  • Land Acres: 0000000217
  • 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: 739201

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 10294
  • Parcel: SHRE M:46 B:009000
  • Block: 9000
  • Municipality: SHREWSBURY
  • Latitude: 42.264
  • Longitude: -71.7377

    Address

  • Full Address: 5 Pal Dr
  • Address - House Number: 5
  • Address - Street Name: Pal
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C003
  • 4-Digit Zip Code: 4348
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $540,900

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 542,756
  • High Value: 632,712
  • Low Value: 452,799

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,300
  • Assessed Land Value: $236,700
  • Assessed Improvements Value: $175,600

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126900
  • Previous Sale Recording Date: Nov 14, 2017
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: O
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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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# 72228627

Frequently Asked Questions

When was property at 5 Pal Drive built and last sold?
The property at 5 Pal Drive was built in 1953 and last sold on Sep 9, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 5 Pal Drive is $403,084.
What are some comparable homes to 5 Pal Drive?
There are currently no comparable homes to 5 Pal Drive.
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