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Worcester 01545
8 Meadowbrook Cir
$225,000
● Land - Off Market

8 Meadowbrook Cir

Shrewsbury, MA 01545
bedrooms
Studio
bathrooms
0 Bath
$467,328
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Spring St. off.  Private 2.85 acre wooded lot. Lovely cul de sac location.  Easy access to shopping and major routes.  Call for details.
Unit Size
-
Days on Market
-
Land Size
2.85 acres
Price per sqft
-
Property Type
Land
Property Taxes
$254
HOA Dues
-
Year Built
2018

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: 4 months ago (MLSPIN #72145616)

Price History

Date / Event Date Event Price
Aug 8, 2018 Sold
Premium
Sold
Dec 12, 2017 Sold
Premium
Sold
Apr 13, 2017 Listed by Tina Bilazarian, Inc. $295,000
Listed by Tina Bilazarian, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 1,872
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 124,146
  • Total Building Area: 3,654
  • Gross Building Area: 7,578
  • Building Area: 3,654
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,654
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002850
  • 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: RUR A

Geography

  • Account Number: 2492
  • Parcel: SHRE M:18 B:012016
  • Block: 12016
  • Municipality: SHREWSBURY
  • Latitude: 42.3033
  • Longitude: -71.6885

    Address

  • Full Address: 8 Meadowbrook Cir
  • Address - House Number: 8
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 5035
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,458,400

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 1,279,841
  • High Value: 1,449,425
  • Low Value: 1,110,257

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,111,600
  • Assessed Land Value: $258,100
  • Assessed Improvements Value: $853,500

    Sales

  • Current Sale Recording Date: Aug 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82458
  • Previous Sale Recording Date: Dec 12, 2017
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: O
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 72145616

Frequently Asked Questions

When was property at 8 Meadowbrook Circle built and last sold?
The property at 8 Meadowbrook Circle was built in 2018 and last sold on Jan 1, 1970 for $880,591.
How much is this home worth?
The estimated value of the home located at 8 Meadowbrook Circle is $297,950.
What are some comparable homes to 8 Meadowbrook Circle?
There are currently no comparable homes to 8 Meadowbrook Circle.
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