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Worcester 01545
70 Lakeside Dr
$383,000
● House - Off Market

70 Lakeside Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,855 Ft²
$589,815
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Single family with in-law apartment attached. Offers 77 feet of lake frontage, 3 multi-tier decks for resort style living on popular Lake Quinsig. Recently updated with newer roof with in 10 years, electric, furnace and flooring. Three bedrooms in main unit with spiral staircase to a bonus room which offers plenty of natural light. Large picture window in main living area brings the outside in and allows you to enjoy watching nature at it's finest with breath taking views. Full basement for plenty of storage. Convenient location off of Rte 20 close to Mass Pike, Rte 9 and 290. Close to U Mass Medical Campus and major shopping centers and restaurants. Perfect for fishing, boating and four seasons of lake recreation. Enjoy watching eagles soar by while relaxing on the deck!
Unit Size
1,855 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$210
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1920

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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 #72305767)

Price History

Date / Event Date Event Price
Aug 3, 2018 Sold
Premium
Sold
Apr 9, 2018 Listed by Keller Williams Realty - Foxboro/North Attleboro $389,900
Listed by Keller Williams Realty - Foxboro/North Attleboro
Apr 25, 2003 Sold
Premium
Sold
Sep 30, 2002 Listed by Keller Williams Realty - Foxboro/North Attleboro $299,900
Listed by Keller Williams Realty - Foxboro/North Attleboro
May 7, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,470
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,037
  • Total Building Area: 1,855
  • Gross Building Area: 4,130
  • Building Area: 1,855
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,855
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEMERE SEC 02
  • Land Acres: 0000000116
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Shrewsbury School District
  • School Tax School District: SHREWSBURY SD
  • Census Tract: 739101

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 10606
  • Parcel: SHRE M:51 B:194000
  • Block: 194000
  • Municipality: SHREWSBURY
  • Latitude: 42.2489
  • Longitude: -71.7401

    Address

  • Full Address: 70 Lakeside Dr
  • Address - House Number: 70
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C022
  • 4-Digit Zip Code: 4545
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $655,500

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 547,874
  • High Value: 677,162
  • Low Value: 418,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $499,600
  • Assessed Land Value: $381,600
  • Assessed Improvements Value: $118,000

    Sales

  • Current Sale Recording Date: Aug 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81107
  • Previous Sale Recording Date: Apr 25, 2003
  • Previous Sale Amount: $289,900
  • 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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# 72305767

Frequently Asked Questions

When was property at 70 Lakeside Drive built and last sold?
The property at 70 Lakeside Drive was built in 1920 and last sold on Jan 1, 1970 for $383,000.
How much is this home worth?
The estimated value of the home located at 70 Lakeside Drive is $397,519.
What are some comparable homes to 70 Lakeside Drive?
There are currently no comparable homes to 70 Lakeside Drive.
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