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Worcester 01545
98 Lakeside Dr
$300,000
● House - Off Market

98 Lakeside Dr

Shrewsbury, MA 01545
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,160 Ft²
$453,757
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

What a breath of fresh air! Welcome to this LAKE QUINSIGAMOND WATERFRONT home! You are met with an open floor plan being able to see from the front to the back of the home at a glance. Timeless hardwoods are in the living room, bedroom and nursery. The large kitchen offers access to the composite deck and fabulous view of the water! The walk-out lower level offers a family room (currently being used as a bedroom) a modern full bath and laundry. Roof and Harvey windows have been replaced. Both the boiler and hot water tank were replaced 2008. There is a low maintenance vinyl siding and a one car garage and driveway offering  ample off street parking. Act quickly and enjoy the summer on the water!!!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$259
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1926

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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: 5 months ago (MLSPIN #72337764)

Price History

Date / Event Date Event Price
Jul 6, 2018 Sold
Premium
Sold
Jun 1, 2018 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $299,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Aug 1, 2008 Sold
Premium
Sold
May 1, 2008 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $259,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 660
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,575
  • Total Building Area: 660
  • Gross Building Area: 1,592
  • Building Area: 660
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 660
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: 10707
  • Parcel: SHRE M:51 B:180000
  • Block: 180000
  • Municipality: SHREWSBURY
  • Latitude: 42.2506
  • Longitude: -71.7405

    Address

  • Full Address: 98 Lakeside Dr
  • Address - House Number: 98
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C022
  • 4-Digit Zip Code: 4545
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $619,100

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 551,932
  • High Value: 647,360
  • Low Value: 456,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,900
  • Assessed Land Value: $395,300
  • Assessed Improvements Value: $76,600

    Sales

  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68148
  • Previous Sale Recording Date: Aug 01, 2008
  • Previous Sale Amount: $246,450
  • 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

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 72337764

Frequently Asked Questions

When was property at 98 Lakeside Drive built and last sold?
The property at 98 Lakeside Drive was built in 1926 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 98 Lakeside Drive is $310,472.
What are some comparable homes to 98 Lakeside Drive?
There are currently no comparable homes to 98 Lakeside Drive.
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