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Worcester 01532
1 Fairway Dr
$1,020,000
● House - Off Market

1 Fairway Dr

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,478 Ft²
$1,101,844
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Highest and Best Due Monday April 17, 2023 at Midnight ! Impressive 4+ BR Colonial offers quality construction & an outstanding floor plan. The home has 9 ft ceilings & gleaming hardwoods. Gourmet maple kitchen w/granite, high-end appliances opens to fireplace cathedral FR. Spacious sun filled LR & DR. 1st floor study, Primary BR w/tray ceiling & luxurious bath. Bonus rm w/full bath & mud rm entrance makes a perfect guest suite, playroom or in-home office. Town Water/Sewer. Mint! This is a Homepath property.
Unit Size
3,478 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$316
Property Type
House
Property Taxes
$1,237
HOA Dues
-
Year Built
2007

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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 #73096195)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
Apr 21, 2023 In contract -
In contract
Apr 7, 2023 Listed by RE/MAX Advantage 1 $1,100,000
Listed by RE/MAX Advantage 1
Nov 2, 2021 Sold
Premium
Sold
Oct 30, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,666
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,926
  • Total Building Area: 3,394
  • Gross Building Area: 6,112
  • Building Area: 3,394
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,394
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000641
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740102

Zoning

  • Zoning: RC

Geography

  • Parcel: NBOR M:0730 L:0063
  • Lot: 63
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3143
  • Longitude: -71.6274

    Address

  • Full Address: 1 Fairway Dr
  • Address - House Number: 1
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Northborough
  • Carrier Code: C004
  • 4-Digit Zip Code: 2071
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,537,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 1,037,875
  • High Value: 1,285,795
  • Low Value: 789,955

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,076,600
  • Assessed Land Value: $283,400
  • Assessed Improvements Value: $793,200

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47703
  • Previous Sale Recording Date: Nov 02, 2021
  • Previous Sale Contract Date: Sep 29, 2021
  • Previous Sale Amount: $538,129
  • Previous Sale Document Type: 34

    Financing

  • First Mortgage Financing Type: ADJ
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

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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# 73096195

Frequently Asked Questions

When was property at 1 Fairway Drive built and last sold?
The property at 1 Fairway Drive was built in 2007 and last sold on Jun 16, 2023 for $1,020,000.
How much is this home worth?
The estimated value of the home located at 1 Fairway Drive is $1,095,415.
What are some comparable homes to 1 Fairway Drive?
There are currently no comparable homes to 1 Fairway Drive.
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