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Worcester 01545
9 Tanglewood Dr
$545,000
● House - Off Market

9 Tanglewood Dr

Shrewsbury, MA 01545
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$575,404
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This beautiful home on a tree lined street is just waiting for a new owner! 3 good sized bedrooms on the main level along with an open concept type living/dining room help to make this home warm and inviting while providing the plenty of room. The finished basement is perfect for a second living room, game room, and so much more. There is even a spare room and 3/4 bath on the lower level that provide extra space and convenience. Lots of new updates, including: fresh paint throughout, new garage door opener, brand new light fixtures throughout, water heater is 1yr old, boiler replaced in July 2022, roof was done in 2018, windows are approx. 6yrs old, patio and 3 season room done in 2019. Everything has been done in this lovingly maintained home; nothing left to do but move in and enjoy!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$289
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1968

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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 #73031682)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $293,000
Relisted
Sep 24, 2022 In contract -
In contract
Sep 7, 2022 Listed by ERA Key Realty Services $549,900
Listed by ERA Key Realty Services
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,196
  • Gross Building Area: 2,630
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHS INC HOLDEN
  • Land Acres: 0000000344
  • 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 B-

Geography

  • Account Number: 341
  • Parcel: SHRE M:04 B:016067
  • Block: 16067
  • Municipality: SHREWSBURY
  • Latitude: 42.3214
  • Longitude: -71.7147

    Address

  • Full Address: 9 Tanglewood Dr
  • Address - House Number: 9
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 1542
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $641,700

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 587,840
  • High Value: 682,657
  • Low Value: 493,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $489,100
  • Assessed Land Value: $274,400
  • Assessed Improvements Value: $214,700

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117879
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Amount: $293,000
  • 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

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2379 ft²

Average Home Age

65.3 years

Currently For Sale

1996 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: 6 months ago
Data Source: MLS PIN, MLS# 73031682

Frequently Asked Questions

When was property at 9 Tanglewood Drive built and last sold?
The property at 9 Tanglewood Drive was built in 1968 and last sold on Oct 31, 2022 for $545,000.
How much is this home worth?
The estimated value of the home located at 9 Tanglewood Drive is $550,481.
What are some comparable homes to 9 Tanglewood Drive?
There are currently no comparable homes to 9 Tanglewood Drive.
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