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Worcester 01545
61 Edgemere Blvd.
$405,000
● House - Off Market

61 Edgemere Blvd.

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,128 Ft²
$780,205
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Move-in Ready Colonial in Shrewsbury!  Situated in a quiet neighborhood with quick access to both the Mass Pike and shopping.  This 4 bedroom, 2.5 bathroom home has all the best features including an updated kitchen with newer stainless steel appliances, maple cabinets and solid-surface counter tops.  The kitchen opens to an eating area and a comfortable, fireplaced family room.  The first floor also features hardwood flooring, a formal dining room and living room.  Outdoor living is just a step through the patio door leading to a private deck and back yard with fruit trees.  The Master Suite is spacious with a walk-in closet and private master bath.  The basement is nicely finished with plenty of space for a playroom, work space or media room.  Walking distance to the park and easy access to the lake.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$197
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
2002

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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: 5 months ago (MLSPIN #71687849)

Price History

Date / Event Date Event Price
Aug 14, 2014 Sold
Premium
Sold
May 28, 2014 Listed by Keller Williams Realty Westborough $420,000
Listed by Keller Williams Realty Westborough
May 8, 2002 Sold
Premium
Sold
Dec 17, 2001 Listed by Keller Williams Realty Westborough $299,900
Listed by Keller Williams Realty Westborough

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1,064
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 2,128
  • Gross Building Area: 4,128
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY
  • Land Acres: 0000000367
  • 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: 739101

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 12025
  • Parcel: SHRE M:51 B:106002
  • Block: 106002
  • Municipality: SHREWSBURY
  • Latitude: 42.2478
  • Longitude: -71.7416

    Address

  • Full Address: 61 Edgemere Blvd
  • Address - House Number: 61
  • Address - Street Name: Edgemere
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C022
  • 4-Digit Zip Code: 4524
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770,000

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 735,937
  • High Value: 852,643
  • Low Value: 619,231

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $586,900
  • Assessed Land Value: $226,300
  • Assessed Improvements Value: $360,600

    Sales

  • Current Sale Recording Date: Aug 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74378
  • Previous Sale Recording Date: May 08, 2002
  • Previous Sale Amount: $322,000
  • 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

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2384 ft²

Average Home Age

64.6 years

Currently For Sale

2076 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

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Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71687849

Frequently Asked Questions

When was property at 61 Edgemere Boulevard built and last sold?
The property at 61 Edgemere Boulevard was built in 2002 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 61 Edgemere Boulevard is $429,306.
What are some comparable homes to 61 Edgemere Boulevard?
There are currently no comparable homes to 61 Edgemere Boulevard.
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