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Worcester 01545
9 Arbor Dr
Photo of 9 Arbor Dr
Sold on Aug 28, 2007

1

Map

$365,000
● House - Off Market

9 Arbor Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,730 Ft²
$658,908
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Quick close possible. Welcoming, open floor plan feels larger than the stated square footage. Wonderful open foyer with offset stairs greets you and your guests. Hardwoods thoughout the entire first floor. Terrific family room, kitchen, keeping room combination. Oversized windows let in lots of light. Master bath has full tub. Large windows, high ceilings, and heat in the ready-to-finish basement. Extra gas stove for entertaining. The privacy of abutting conservation land but in a neighborhood!
Unit Size
1,730 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$220
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1998

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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 #70607309)

Price History

Date / Event Date Event Price
Aug 28, 2007 Sold
Premium
Sold
Jun 30, 2007 Listed $379,900
Listed
Jan 30, 2004 Sold
Premium
Sold
Nov 9, 2003 Listed $389,900
Listed
Sep 21, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 914
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,001
  • Total Building Area: 1,730
  • Gross Building Area: 3,188
  • Building Area: 1,730
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,730
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR VILLAGE
  • Land Acres: 0000000574
  • 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: 739401

Zoning

  • Zoning: RES A

Geography

  • Account Number: 8033
  • Parcel: SHRE M:35 B:024001
  • Block: 24001
  • Municipality: SHREWSBURY
  • Latitude: 42.281
  • Longitude: -71.6886

    Address

  • Full Address: 9 Arbor Dr
  • Address - House Number: 9
  • Address - Street Name: Arbor
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R004
  • 4-Digit Zip Code: 6004
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $738,000

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 647,645
  • High Value: 758,865
  • Low Value: 536,424

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,500
  • Assessed Land Value: $286,800
  • Assessed Improvements Value: $275,700

    Sales

  • Current Sale Recording Date: Aug 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00114650
  • Previous Sale Recording Date: Jan 30, 2004
  • Previous Sale Amount: $385,000
  • 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:

$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# 70607309

Frequently Asked Questions

When was property at 9 Arbor Drive built and last sold?
The property at 9 Arbor Drive was built in 1998 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 9 Arbor Drive is $387,533.
What are some comparable homes to 9 Arbor Drive?
There are currently no comparable homes to 9 Arbor Drive.
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