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Worcester 01545
59 Mercury Dr
$289,900
● House - Off Market

59 Mercury Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,341 Ft²
$460,799
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

A diamond in the rough with new paint on the main level, new kitchen on the main level, new dishwasher, disposal, countertops, new bath, new tile and new carpeting.      Although tenants from hell tried to destroy this property, it has been saved, cleaned up and out and it is ready for you to make a wise choice by buying he worst house in the hood and building your sweat equity. Lower level is a walk out and has a full bath and used to have living space which has been destroyed.  Sellers misfortune, your gift!   Come see it today for it's limitless possibilities and yours as well.
Unit Size
1,341 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$216
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1961

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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: 6 months ago (MLSPIN #72200451)

Price History

Date / Event Date Event Price
Oct 10, 2017 Sold
Premium
Sold
Jul 19, 2017 Listed by Real Estate Marketplace $289,900
Listed by Real Estate Marketplace
Jan 4, 2008 Sold
Premium
Sold
Sep 11, 2007 Listed by Real Estate Marketplace $284,999
Listed by Real Estate Marketplace

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1,341
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,341
  • Gross Building Area: 2,914
  • Building Area: 1,341
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,341
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 739500

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 1241
  • Parcel: SHRE M:10 B:120000
  • Block: 120000
  • Municipality: SHREWSBURY
  • Latitude: 42.312
  • Longitude: -71.7109

    Address

  • Full Address: 59 Mercury Dr
  • Address - House Number: 59
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C001
  • 4-Digit Zip Code: 1939
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $530,000

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 496,700
  • High Value: 589,853
  • Low Value: 403,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,000
  • Assessed Land Value: $271,600
  • Assessed Improvements Value: $132,400

    Sales

  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112093
  • Previous Sale Recording Date: Jan 04, 2008
  • Previous Sale Amount: $267,500
  • 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

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 72200451

Frequently Asked Questions

When was property at 59 Mercury Drive built and last sold?
The property at 59 Mercury Drive was built in 1961 and last sold on Jan 1, 1970 for $282,000.
How much is this home worth?
The estimated value of the home located at 59 Mercury Drive is $294,585.
What are some comparable homes to 59 Mercury Drive?
There are currently no comparable homes to 59 Mercury Drive.
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