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Worcester 01545
8 Brookway Dr
$235,000
● House - Off Market

8 Brookway Dr

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,227 Ft²
$496,500
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Ranch style home with many updates.  Family room addition with  fireplace and mantle.  Most windows have been replaced incl.baywindow.  Hardwood floors in main house.  Updated kitchen with corian countertop with drop sink.  Awnings available sunroom has tile flooring for great cleanup
Unit Size
1,227 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$204
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #71489272)

Price History

Date / Event Date Event Price
May 14, 2013 Sold
Premium
Sold
Mar 4, 2013 Listed by ERA Key Realty Services - Westborough $250,000
Listed by ERA Key Realty Services - Westborough

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 0
  • 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: 888
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,088
  • Total Building Area: 1,357
  • Gross Building Area: 2,796
  • Building Area: 1,357
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,357
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000415
  • 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: 739402

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 3818
  • Parcel: SHRE M:23 B:062000
  • Block: 62000
  • Municipality: SHREWSBURY
  • Latitude: 42.2967
  • Longitude: -71.7023

    Address

  • Full Address: 8 Brookway Dr
  • Address - House Number: 8
  • Address - Street Name: Brookway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C004
  • 4-Digit Zip Code: 5012
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528,600

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 521,542
  • High Value: 619,355
  • Low Value: 423,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,900
  • Assessed Land Value: $248,100
  • Assessed Improvements Value: $154,800

    Sales

  • Current Sale Recording Date: May 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000005
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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# 71489272

Frequently Asked Questions

When was property at 8 Brookway Drive built and last sold?
The property at 8 Brookway Drive was built in 1950 and last sold on Jan 1, 1970 for $235,000.
How much is this home worth?
The estimated value of the home located at 8 Brookway Drive is $256,715.
What are some comparable homes to 8 Brookway Drive?
There are currently no comparable homes to 8 Brookway Drive.
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