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Worcester 01545
8 Roman Dr
$309,000
● House - Off Market

8 Roman Dr

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$688,441
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Ready to move in single family with many upgrades. 3 bedrooms, 2 full baths, 2 car garage. Kitchen boasts new stainless steel appliances, new cabinets, eat-in kitchen with picture window connecting to the living room. Beautiful hardwood floors throughout and complete interior freshly painted. Master bedroom accommodates king-size bed. Both bathrooms recently renovated. Main bath includes double sink, beveled mirrors, tub with whirlpool jets.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$178
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1964

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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 #71391449)

Price History

Date / Event Date Event Price
Aug 30, 2012 Sold
Premium
Sold
Jun 3, 2012 Listed by The Empire Realty $319,900
Listed by The Empire Realty
May 29, 2009 Sold
Premium
Sold
Nov 8, 2008 Listed by RE/MAX Vision $306,900
Listed by RE/MAX Vision
Great nieghborhood.Large Lot. Finished lower level family room in this well kept split level. Master bath, two fireplaces, garages, hardwoods, eat in kitchen ,dinning room, Siding & windows updated in 1995.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,917
  • Total Building Area: 1,248
  • Gross Building Area: 3,184
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000365
  • 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: 739101

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 9229
  • Parcel: SHRE M:40 B:133000
  • Block: 133000
  • Municipality: SHREWSBURY
  • Latitude: 42.2667
  • Longitude: -71.7263

    Address

  • Full Address: 8 Roman Dr
  • Address - House Number: 8
  • Address - Street Name: Roman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C003
  • 4-Digit Zip Code: 5806
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $622,000

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 604,355
  • High Value: 700,195
  • Low Value: 508,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,100
  • Assessed Land Value: $245,900
  • Assessed Improvements Value: $228,200

    Sales

  • Current Sale Recording Date: Aug 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104710
  • Previous Sale Recording Date: Aug 30, 2012
  • Previous Sale Amount: $309,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 6 months ago
Data Source: MLS PIN, MLS# 71391449

Frequently Asked Questions

When was property at 8 Roman Drive built and last sold?
The property at 8 Roman Drive was built in 1964 and last sold on Jan 1, 1970 for $309,000.
How much is this home worth?
The estimated value of the home located at 8 Roman Drive is $332,450.
What are some comparable homes to 8 Roman Drive?
There are currently no comparable homes to 8 Roman Drive.
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