$640,000
●
Condo -
Off Market
89 Shannon Way #1
Upton, MA 01568
2 Beds
2 Baths,
1
Half Bath
1,870 Ft²
$4,196
Est. Monthly
$407
HOA / Fees
2.15%
Cap Rate
About This Property
Come enjoy low maintenance living at Upton Ridge! A 55+ community
located just a short stroll away from the renowned Shining Rock
Golf Course. This Tuscan is a beautiful 2-story home offering a
spacious floor plan with a first floor primary suite, an open floor
plan, and room for a home office or den. The oversized kitchen has
upgraded cabinets, granite countertops and a large island - perfect
for entertaining. The Gathering Room is drenched with light and a
slider door, overlooking a rear deck for relaxing and enjoying the
outdoors. The 2nd floor has a large loft with a generous size 2nd
bedroom and full bath, as well as finished storage space. Enjoy the
peacefulness and beauty of Upton Ridge. Convenient to Boston,
Providence, N.H and with easy access to Rt. 9, 90, 495 and the
commuter rail.
Unit Size
1,870 Ft²
Days on Market
-
Land Size
-
Price per sqft
$342
Property Type
Condo
Property Taxes
$646
HOA Dues
$407
Year Built
-
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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: 2 years ago (MLSPIN #73317364)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed | $640,000 | |
| Listed | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bathroom - Half, Bathroom, Office, Library
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, First Floor
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 1870
Security Features: Security System
Year Built Source: Public Records
Year Built: 2022
Building Name: Upton Ridge
Building Area Total: 1870
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio, Deck - Wood
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $566,800
Tax Annual Amount: $7,754
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA Fee: $407
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/04/2024
|
2 Bed
|
2 Bath
|
1870 ft²
|
$640,000
2 Bed
2 Bath
1870 ft²
|
$640,000
03/31/2025
|
Shane Brady
Century 21 Shawmut Properties
| |
|
10/03/2024
|
2 Bed
|
3 Bath
|
1870 ft²
|
$660,000
2 Bed
3 Bath
1870 ft²
|
-
-
|
Shane Brady
Century 21 Shawmut Properties
| |
|
10/02/2021
|
2 Bed
|
3 Bath
|
2121 ft²
|
$561,995
2 Bed
3 Bath
2121 ft²
|
$562,000
+0.00%
06/29/2022
|
Debi Starr
Pulte Homes of New England
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017