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Worcester 01545
7 Neptune Dr
Photo of 7 Neptune Dr
Sold on Apr 4, 2025

41

Map

Photo of 7 Neptune Dr
Photo of 7 Neptune Dr
$535,000
● House - Off Market

7 Neptune Dr

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$3,140
Est. Monthly
4.69%
Cap Rate

About This Property

Pride of Ownership! *Updated Northside Ranch located in the Planets Neighborhood*Spring Street Elementary District (VOTED IN THE TOP 10 ELEMENTARY SCHOOLS IN MA BY US NEWS)*3 generously sized Bedrooms all w/hardwood floors*Main Bathroom w/vanity & marble tiled surround shower*Renovated & Sun Filled Kitchen w/richly stained Cherry Cabinets, Granite Counters & tumbled marble tiled backsplash*Dining Rm off Kitchen w/Hwd Floors & Pantry Closet*Expansive & sun drenched Front Living Room w/brick fireplace & Bow Window*One car garage under enters lower unfinished area*How will you use the lower level, which is ready for your design ideas for add'l living space*Recent Updates include New Roof, Replacement Windows, Electrical Panel*Outside you'll enjoy the flat backyard w/endless potential perfect for BBQ's, sports or outdoor activities *Conveniently situated in a desirable neighborhood close to the town center w/easy access to major highways, schools, shopping, Prospect Park & Dean Park*
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$536
Property Type
House
Property Taxes
$488
HOA Dues
-
Year Built
1960

Payment Calculator

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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 #73307728)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Mar 9, 2025 In contract -
In contract
Feb 12, 2025 Price Decreased $539,900
↓ $10K (1.8%)
Price Decreased
Oct 30, 2024 Listed $550,000
Listed
Aug 25, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,888
  • Total Building Area: 1,008
  • Gross Building Area: 2,025
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000411
  • 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: 1158
  • Parcel: SHRE M:10 B:102000
  • Block: 102000
  • Municipality: SHREWSBURY
  • Latitude: 42.3105
  • Longitude: -71.711

    Address

  • Full Address: 7 Neptune Dr
  • Address - House Number: 7
  • Address - Street Name: Neptune
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C001
  • 4-Digit Zip Code: 1942
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528,500

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 461,244
  • High Value: 547,314
  • Low Value: 375,174

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,800
  • Assessed Land Value: $277,600
  • Assessed Improvements Value: $125,200

    Sales

  • Current Sale Recording Date: Aug 25, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00128295
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73307728

Frequently Asked Questions

When was property at 7 Neptune Drive built and last sold?
The property at 7 Neptune Drive was built in 1960 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 7 Neptune Drive is $509,707.
What are some comparable homes to 7 Neptune Drive?
There are currently no comparable homes to 7 Neptune Drive.
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