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Worcester 01545
8 Van Ness Ave
Photo of 8 Van Ness Ave
Sold on Aug 19, 2025

16

Map

Photo of 8 Van Ness Ave
Photo of 8 Van Ness Ave
$468,000
● House - Off Market

8 Van Ness Ave

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,735 Ft²
$2,820
Est. Monthly
8.07%
Cap Rate

About This Property

Tucked away on a quiet cul-de-sac just off Maple Ave, this spacious 4-bedroom, 2-bath home offers tremendous potential. The oversized kitchen provides abundant cabinet and counter space, while the large living room features a picture window that brings in lots of natural light. Two bedrooms and two baths on the first floor offer flexible living options, and the enclosed porch could easily be heated for additional living space. Upstairs, you'll find two generously sized bedrooms. Hardwood flooring runs through most rooms. Newer boiler. One-car garage with opener, walkable to schools, shopping, and town fields. Quick access to major routes. In need of updating and being sold as-is – a great opportunity to build equity in a sought-after location.
Unit Size
1,735 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$274
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1953

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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: 2 years ago (MLSPIN #73383511)

Price History

Date / Event Date Event Price
Aug 19, 2025 Sold
Premium
Sold
Jul 5, 2025 In contract -
In contract
Jun 25, 2025 Price Decreased $475,000
↓ $25K (5%)
Price Decreased
Jun 2, 2025 Listed by RE/MAX Partners $499,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,256
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,370
  • Total Building Area: 1,735
  • Gross Building Area: 3,442
  • Building Area: 1,735
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,735
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • 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: 739202

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 4415
  • Parcel: SHRE M:26 B:131000
  • Block: 131000
  • Municipality: SHREWSBURY
  • Latitude: 42.2828
  • Longitude: -71.7336

    Address

  • Full Address: 8 Van Ness Ave
  • Address - House Number: 8
  • Address - Street Name: Van Ness
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C008
  • 4-Digit Zip Code: 2629
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522,000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 544,439
  • High Value: 635,364
  • Low Value: 453,515

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,900
  • Assessed Land Value: $224,400
  • Assessed Improvements Value: $173,500
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

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 2 years ago
Data Source: MLS PIN, MLS# 73383511

Frequently Asked Questions

When was property at 8 Van Ness Avenue built and last sold?
The property at 8 Van Ness Avenue was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Van Ness Avenue is $478,511.
What are some comparable homes to 8 Van Ness Avenue?
There are currently no comparable homes to 8 Van Ness Avenue.
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