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Closed

51 Edgewater Ave, Shrewsbury MA 01545

$425,000

Estimated $1,101.14/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $212,500

Total Rent: 30000/year

Estimated CAP Rate: 5.90%

4 Bedrooms

2 Full Baths

1,440 SqFt

Total Parking: 6

7,200 SqFt

Welcome to the neighborhood of Jordan Pond! 2 family unit with many updates including Furnace Dec 2014~Oil Tank Jan 2022~Electrical service updated~Vinyl Sided and insulated 2020~ Roof replaced approx 2008~Windows replaced~Hardwood floors underneath the vinyl floors and carpets~First floor kitchen is very nicely updated~Huge Walk Up Attic for further potential~Nice sized flat backyard~Fabulous Schools~Situated in a quiet neighborhood close to a fishing pond, boating and shopping. Located close to UMass University Campus. Just under a mile trail around the pond provides beautiful views, engulfed in greenery. Hard to believe you are mins to Rt 9, Rte 20 & town amenities! Reap the benefits of sweet Shrewsbury & convenient to revitalized Worcester! UMass, colleges, Polar Park, great restaurants, Hanover Ttr, DCU Ctr & more! All Offers if Any are due by Wednesday 05/03 by noon.Please give 24 hours for response.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 5:51am (Source: MLS PIN #73104625)

Gross Income: $30,000

Gross Expenses: $4,944

Net Income Calc: $25,056

CAP Rate: 5.90%

Beach Front

Annual Expenses for 51 Edgewater Ave, Shrewsbury MA 01545

Total Gross Expenses (Calculated)$4,944/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,944

Annual Income & Unit Breakdown for 51 Edgewater Ave, Shrewsbury MA 01545

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$1,250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(heat), Unit 2(heat)

Unit 2

Rental Income$1,250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(heat), Unit 2(heat)

General Information for 51 Edgewater Ave, Shrewsbury MA 01545

Listing ID73104625

Property TypeMulti Family

Price$425,000 ($295.14/SqFt)

StyleMulti Family

CityShrewsbury

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total1,440 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking6

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRES B-

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, Lake/pond

Energy Features

Terms

Disclosures for 51 Edgewater Ave, Shrewsbury MA 01545

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,000

Total Net Income By Broker$30,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 51 Edgewater Ave, Shrewsbury MA 01545

Real Estate Taxes$4,944

Tax Year2023

Assessed Value$376,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.90%

Location Information for 51 Edgewater Ave, Shrewsbury MA 01545

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Private School

Contact Information for 51 Edgewater Ave, Shrewsbury MA 01545

Agent

Name: Muneeza Realty Group

Office

Name: KW Pinnacle MetroWest

Phone: 508-754-3020

Team Members

Name: Muneeza Nasrullah

Phone: 508-254-5312

Payment Calculator

, Interest

Property Taxes 412

Principal & Interest 2618.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

KW Pinnacle MetroWest

Muneeza Realty Group

Agent Phone

Office Phone

(508) 754-3020

Text Agent Call Agent Call Office

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[perc_test] => Array
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[terms] => Array
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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                    [modified] => 2024-05-07 05:51:13
                )

)

)

EXIT