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Worcester 01545
66 Lamplighter Drive
$600,000
● House - Off Market

66 Lamplighter Drive

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,184 Ft²
$708,209
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Excellent opportunity to purchase a bank owned home in excellent neighborhood and location!!  This large four bedroom home is located just outside of Wocester in a beautiful neighborhood with easy access to Routes 290, 9, and 20.  Located just a couple of moments from Shrewsbury commons and Prospect Park.  Property needs some updating and some repairs but has great potential to be the home of someone's dreams in the perfect area and price.
Unit Size
2,184 Ft²
Days on Market
-
Land Size
1.72 acres
Price per sqft
$306
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1992

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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 #72998671)

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold
Premium
Sold
Nov 16, 2022 In contract -
In contract
Jun 15, 2022 Listed by Benmar Realty $669,000
Listed by Benmar Realty
Aug 20, 2020 Sold
Premium
Sold
Sep 15, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,224
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,923
  • Total Building Area: 2,184
  • Gross Building Area: 3,528
  • Building Area: 2,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001720
  • 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 A

Geography

  • Account Number: 7757
  • Parcel: SHRE M:34 B:070073
  • Block: 70073
  • Municipality: SHREWSBURY
  • Latitude: 42.2775
  • Longitude: -71.7077

    Address

  • Full Address: 66 Lamplighter Dr
  • Address - House Number: 66
  • Address - Street Name: Lamplighter
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C006
  • 4-Digit Zip Code: 5457
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $858,700

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 740,406
  • High Value: 859,832
  • Low Value: 620,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $654,500
  • Assessed Land Value: $316,700
  • Assessed Improvements Value: $337,800

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8034
  • Previous Sale Recording Date: Aug 20, 2020
  • Previous Sale Contract Date: Jul 07, 2020
  • Previous Sale Amount: $302,223
  • Previous Sale Document Type: 34
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

58

Average Home Size

2400 ft²

Average Home Age

63.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72998671

Frequently Asked Questions

When was property at 66 Lamplighter Drive built and last sold?
The property at 66 Lamplighter Drive was built in 1992 and last sold on Jan 26, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 66 Lamplighter Drive is $666,000.
What are some comparable homes to 66 Lamplighter Drive?
There are currently no comparable homes to 66 Lamplighter Drive.
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