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Worcester 01545
5 Timari Dr
$461,900
● House - Off Market

5 Timari Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,346,439
RealtyHop Estimate
188.38%
Since Oct 1, 2000
National-US
Primary Model

About This Property

RAMBLING CAPE/CENTER OF TOWN/CUSTOM DESIGN/SOARING CEILINGS 1ST FLR MASTER -ENGLISH GARDENS SURROUNDING HOUSE-EXCELLENT IN-LAW & HANDICAP POTENTIAL W/LEVEL LOT-DYNAMIC DESIGN DO NOT LET CAT OUT OF HOUSE
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$156
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1997

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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 years ago (MLSPIN #30432980)

Price History

Date / Event Date Event Price
Jan 14, 2002 Sold
Premium
Sold
Nov 1, 2001 Listed $465,000
Listed
Sep 28, 2000 Sold
Premium
Sold
Jul 31, 2000 Listed $466,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,727
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,816
  • Total Building Area: 2,242
  • Gross Building Area: 6,000
  • Building Area: 2,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,242
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000432
  • 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 B-

Geography

  • Account Number: 3597
  • Parcel: SHRE M:22 B:292004
  • Block: 292004
  • Municipality: SHREWSBURY
  • Latitude: 42.2934
  • Longitude: -71.7107

    Address

  • Full Address: 5 Timari Dr
  • Address - House Number: 5
  • Address - Street Name: Timari
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C026
  • 4-Digit Zip Code: 5658
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $869,200

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 797,995
  • High Value: 934,847
  • Low Value: 661,144

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $662,500
  • Assessed Land Value: $268,700
  • Assessed Improvements Value: $393,800

    Sales

  • Current Sale Recording Date: Jan 14, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 28, 2000
  • Previous Sale Amount: $461,900
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2417 ft²

Average Home Age

63.5 years

Currently For Sale

2022 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 years ago
Data Source: MLS PIN, MLS# 30432980

Frequently Asked Questions

When was property at 5 Timari Drive built and last sold?
The property at 5 Timari Drive was built in 1997 and last sold on Jan 1, 1970 for $458,000.
How much is this home worth?
The estimated value of the home located at 5 Timari Drive is $476,034.
What are some comparable homes to 5 Timari Drive?
There are currently no comparable homes to 5 Timari Drive.
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