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218-218A South Quinsigamond Ave, Shrewsbury MA 015

$995,000

Estimated $2,137.22/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $331,666.67

Total Rent: 33600/year

Estimated CAP Rate: 2.75%

6 Bedrooms

5 Full Baths

4,800 SqFt

Total Parking: 13 (1 Garage)

8,192 SqFt

WATERFRONT Rare find, multi family on the lake Unobstructed views with this waterfront property on Lake Quinsigamond - Shrewsbury. Vacation at home 365 days a year. Stunning year around water views. Waterski, jet ski, kayak,, boating and swimming. Regatta races on the lake. Close proximity to UMASS Medical Schook, Tufts Veterinary School and major highways Two separate houses, 3 units. Live in one, rent the other 2. Your dreams and your imagination are not limited with this amazing property. Lake Front Living. You are not only buying a lake house, you are buying a lake and a lifestyle.

This home has been viewed 21 times

Last Checked: May 7th, 2024 at 8:06am (Source: MLS PIN #73099623)

Gross Income: $33,600

Gross Expenses: $6,286

Net Income Calc: $27,314

CAP Rate: 2.75%

Water Views

Beach Front

Annual Expenses for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Total Gross Expenses (Calculated)$6,286/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,286

Annual Income & Unit Breakdown for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$1,500

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(other (see Remarks))

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(other (see Remarks))

Unit 3

Rental Income$1,300

LeaseY

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(other (see Remarks))

General Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Listing ID73099623

Property TypeMulti Family / 3 Family

Price$995,000 ($207.29/SqFt)

Style3 Family

CityShrewsbury

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,800 SqFt

Approximate Lot Size (Acres)0.19 acres

Total Parking13 (1 Garage)

Garage Parking1 / Detached

Year Built1900

Year Built SourceOwner

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesOther

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRES B-

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront FeaturesLake, Beach Front, Beach Ownership(public), 0 To 1/10 Mile To Beach, Lake/pond, Waterfront

Energy Features

Terms

Disclosures for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureGarage has been modified

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$8,500

Total Gross Income By Broker$37,300

Total Net Income By Broker$28,500

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Real Estate Taxes$6,286

Tax Year2023

Assessed Value$479,100

Financial Data Source

Total Gross Expenses By Broker$8,500

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$37,300

BostonRealEstate.com Gross Income

Total Net Income By Broker$28,500

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.75%

Location Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Elementary SchoolCalvin Coolidge

Middle SchoolShrews Middle

High SchoolShrews Sr High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, Marina, Private School

Contact Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Agent

Name: Cheryl Victor

Office

Name: Prestigious Homes

Phone: 774-287-6553

Payment Calculator

, Interest

Property Taxes 523.83

Principal & Interest 6130.87

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Prestigious Homes

Cheryl Victor

Agent Phone

Office Phone

(774) 287-6553

Text Agent Call Agent Call Office

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    [description] => WATERFRONT  Rare find, multi family on the lake Unobstructed views with this waterfront property on Lake Quinsigamond - Shrewsbury. Vacation at home 365 days a year.  Stunning year around water views. Waterski, jet ski, kayak,, boating and swimming. Regatta races on the lake.  Close proximity to UMASS Medical Schook, Tufts Veterinary School and major highways   Two separate houses, 3 units. Live in one, rent the other 2. Your dreams and your imagination are not limited with this amazing property.  Lake Front Living.  You are not only buying a lake house, you are buying a lake and a lifestyle.
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[owner_occupancy_source] => 
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[pasture_area] => None
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            [0] => 218-218A South Quinsigamond Ave, Shrewsbury MA 015
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    [zoning] => RES B-
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EXIT

Closed

218-218A South Quinsigamond Ave, Shrewsbury MA 015

$995,000

Annual Expenses for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Annual Income & Unit Breakdown for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

General Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Disclosures for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Financial Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Location Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

Contact Information for 218-218A South Quinsigamond Ave, Shrewsbury MA 015

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