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Worcester 01545
7 Amherst Road
$535,000
● House - Off Market

7 Amherst Road

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,491 Ft²
$1,100,605
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

Spacious, pretty, young Colonial in terrific neighborhood with easy commute to train or major routes! Grand sized kitchen with large island, ceramic floor, great bumped-out breakfast area. Family room with 1/2 vaulted ceiling, skylights, used-brick fireplace. Hardwoods in living room, dining room & foyer. Vaulted ceiling master bedroom. Great daylight basement for expansion. Lovely back yard!
Unit Size
2,491 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$219
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
2000

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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 #70029297)

Price History

Date / Event Date Event Price
Jul 30, 2004 Sold
Premium
Sold
May 5, 2004 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $544,900
Listed by Coldwell Banker Residential Brokerage - Shrewsbury
Sep 21, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 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: 1,371
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,600
  • Total Building Area: 2,491
  • Gross Building Area: 4,745
  • Building Area: 2,491
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,491
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREWSBURY
  • Land Acres: 0000000955
  • 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: 739102

Zoning

  • Zoning: RUR B

Geography

  • Account Number: 11992
  • Parcel: SHRE M:44 B:020007
  • Block: 20007
  • Municipality: SHREWSBURY
  • Latitude: 42.2646
  • Longitude: -71.6641

    Address

  • Full Address: 7 Amherst Rd
  • Address - House Number: 7
  • Address - Street Name: Amherst
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 4829
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $944,900

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 838,540
  • High Value: 982,353
  • Low Value: 694,726

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $720,200
  • Assessed Land Value: $283,400
  • Assessed Improvements Value: $436,800

    Sales

  • Current Sale Recording Date: Jul 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 139664
  • Previous Sale Recording Date: Sep 21, 2000
  • Previous Sale Amount: $354,622
  • 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

58

Average Home Size

2398 ft²

Average Home Age

64.7 years

Currently For Sale

2092 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# 70029297

Frequently Asked Questions

When was property at 7 Amherst Road built and last sold?
The property at 7 Amherst Road was built in 2000 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 7 Amherst Road is $554,915.
What are some comparable homes to 7 Amherst Road?
There are currently no comparable homes to 7 Amherst Road.
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