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Worcester 01545
8 Heritage Rd
$405,100
● House - Off Market

8 Heritage Rd

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,352 Ft²
$709,763
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

SHOWINGS START SATURDAY 7/11, 12-4 AND SUNDAY 7/12, 12-4 - This beautiful Colonial is found in one of the most sought after neighborhoods in Shewsbury. Not only is it located on a quiet cul-de-sac but convenient to major routes. This home features gorgeous updates throughout, a wonderful open floor plan, perfect for entertaining, spacious bedrooms, complete with a finished third floor walk up perfect for an addition bedroom, play/game room or additional living room.  This home is truly a gem and at this price, not to be missed. All offers will be reviewed Sunday evening.
Unit Size
2,352 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$170
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1990

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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: 6 months ago (MLSPIN #71868294)

Price History

Date / Event Date Event Price
Aug 20, 2015 Sold
Premium
Sold
Jul 6, 2015 Listed by RE/MAX Prof Associates $399,900
Listed by RE/MAX Prof Associates
Nov 20, 2009 Sold
Premium
Sold
Apr 22, 2009 Listed by RE/MAX Prof Associates $389,900
Listed by RE/MAX Prof Associates
May 29, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 10
  • 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: 1
  • Roof Cover Type: 20
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,410
  • Total Building Area: 2,352
  • Gross Building Area: 3,900
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • 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: 739300

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 7486
  • Parcel: SHRE M:33 B:215000
  • Block: 215000
  • Municipality: SHREWSBURY
  • Latitude: 42.2789
  • Longitude: -71.7217

    Address

  • Full Address: 8 Heritage St
  • Address - House Number: 8
  • Address - Street Name: Heritage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C018
  • 4-Digit Zip Code: 2800
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782,600

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 722,396
  • High Value: 849,574
  • Low Value: 595,217

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596,500
  • Assessed Land Value: $273,700
  • Assessed Improvements Value: $322,800

    Sales

  • Current Sale Recording Date: Aug 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85242
  • Previous Sale Recording Date: Nov 20, 2009
  • Previous Sale Amount: $372,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2389 ft²

Average Home Age

65.8 years

Currently For Sale

1957 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: 6 months ago
Data Source: MLS PIN, MLS# 71868294

Frequently Asked Questions

When was property at 8 Heritage Road built and last sold?
The property at 8 Heritage Road was built in 1990 and last sold on Jan 1, 1970 for $405,100.
How much is this home worth?
The estimated value of the home located at 8 Heritage Road is $414,460.
What are some comparable homes to 8 Heritage Road?
There are currently no comparable homes to 8 Heritage Road.
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