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Worcester 01545
62 Longfellow Road
$582,000
● House - Off Market

62 Longfellow Road

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,799 Ft²
$3,642
Est. Monthly

About This Property

Nice 3 bedroom colonial in fantastic neighborhood being offered at a great price. Plenty of room here for someone to purchase and do some upgrades and gain some immediate equity. The first floor of this home has lots of hardwood throughout and features a nice sized kitchen, two sitting rooms, a dining room, laundry and a half bathroom. Upstairs are three bedrooms and two full bathrooms, including a master suite. The basement is partially finished with a half bathroom offering additional living space and potential extra bedroom. A rear deck looks out over a large back yard. A two car garage and large driveway provide plenty of parking. New garage doors have been ordered and will be installed prior to closing.
Unit Size
1,799 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$333
Property Type
House
Property Taxes
$696
HOA Dues
-
Year Built
1985

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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 #73194882)

Price History

Date / Event Date Event Price
Mar 12, 2024 Sold
Premium
Sold
Feb 1, 2024 In contract -
In contract
Jan 23, 2024 In contract -
In contract
Jan 18, 2024 Listed by eXp Realty $599,900
Listed by eXp Realty
Dec 29, 2023 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,040
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,300
  • Total Building Area: 1,856
  • Gross Building Area: 3,796
  • Building Area: 1,856
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,856
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000764
  • 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 A

Geography

  • Account Number: 1005
  • Parcel: SHRE M:09 B:008007
  • Block: 8007
  • Municipality: SHREWSBURY
  • Latitude: 42.3136
  • Longitude: -71.7274

    Address

  • Full Address: 62 Longfellow Rd
  • Address - House Number: 62
  • Address - Street Name: Longfellow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C019
  • 4-Digit Zip Code: 1413
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $788,400

    Appraisal Valuation

  • Standard Deviation: 0.0856
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 627,198
  • High Value: 680,948
  • Low Value: 573,448

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,900
  • Assessed Land Value: $273,800
  • Assessed Improvements Value: $327,100

    Sales

  • Current Sale Contract Date: Mar 11, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17642
  • Previous Sale Recording Date: Dec 29, 2023
  • Previous Sale Contract Date: Dec 27, 2023
  • Previous Sale Amount: $460,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 73194882

Frequently Asked Questions

When was property at 62 Longfellow Road built and last sold?
The property at 62 Longfellow Road was built in 1985 and last sold on Mar 11, 2024 for $582,000.
How much is this home worth?
The estimated value of the home located at 62 Longfellow Road is $601,296.
What are some comparable homes to 62 Longfellow Road?
There are currently no comparable homes to 62 Longfellow Road.
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