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Worcester 01545
LOT 8 Minuteman Lane
$358,130
● House - Off Market

LOT 8 Minuteman Lane

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$788,460
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

LIBERTY HEIGHTS ESTATE. FEDERAL FRONT COLONIAL BY QUALITY BUILDER. ONLY TWO LOTS REMAINING. HARDWOOD IN LIVINGROOM, DINING, AND FOYER. CERAMIC TILE IN KITCHEN AND ALL BATHS. CLOSE TO MAJOR ROUTES AND SCHOOLS.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$134
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979

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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 years ago (MLSPIN #30700230)

Price History

Date / Event Date Event Price
Aug 29, 2003 Sold
Premium
Sold
Mar 20, 2003 Listed by Whitewood Real Estate, Inc. $347,900
Listed by Whitewood Real Estate, Inc.
Dec 22, 2000 Sold
Premium
Sold
Apr 9, 1986 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,150
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,904
  • Total Building Area: 1,196
  • Gross Building Area: 2,514
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000342
  • 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 A

Geography

  • Account Number: 4502
  • Parcel: SHRE M:26 B:110012
  • Block: 110012
  • Municipality: SHREWSBURY
  • Latitude: 42.2857
  • Longitude: -71.737

    Address

  • Full Address: 8 Minuteman Way
  • Address - House Number: 8
  • Address - Street Name: Minuteman
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C008
  • 4-Digit Zip Code: 2273
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $616,600

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 511,940
  • High Value: 603,670
  • Low Value: 420,211

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,000
  • Assessed Land Value: $244,900
  • Assessed Improvements Value: $225,100

    Sales

  • Current Sale Recording Date: Dec 22, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 09, 1986
  • Previous Sale Amount: $150,000
  • 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:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30700230

Frequently Asked Questions

When was property at 8 Minuteman Way built and last sold?
The property at 8 Minuteman Way was built in 1979 and last sold on Jan 1, 1970 for $195,939.
How much is this home worth?
The estimated value of the home located at 8 Minuteman Way is $0.
What are some comparable homes to 8 Minuteman Way?
There are currently no comparable homes to 8 Minuteman Way.
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