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Worcester 01532
1 Meadowbrook Rd
$340,000
● House - Off Market

1 Meadowbrook Rd

Northborough, MA 01532
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$365,612
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

2 owner cape in a fantastic neighborhood. This Cape has 3 beds and 1 bath with a partially finished basement. The first floor contains a nice-sized dining room with hardwood floors, a big living room with wall-to-wall carpet (potential hardwoods underneath), and a first-floor bedroom with hardwood floors. Upstairs you have 2 more bedrooms with wall-to-wall carpet (vinyl underneath). Will need a new septic as well, buyer will be responsible for the install. Sellers lived here for 38 years. Selling AS-IS
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$312
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #73067128)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Jan 4, 2023 In contract -
In contract
Jan 1, 2023 Listed by OWN IT, A 100% Commission Brokerage $365,000
Listed by OWN IT, A 100% Commission Brokerage
Mar 1, 1984 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,919
  • Total Building Area: 1,170
  • Gross Building Area: 2,717
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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:0450 L:0128
  • Lot: 128
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3288
  • Longitude: -71.6377

    Address

  • Full Address: 1 Meadowbrook Rd
  • Address - House Number: 1
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northborough
  • Carrier Code: C004
  • 4-Digit Zip Code: 1419
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $516,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1946
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 454,992
  • High Value: 543,542
  • Low Value: 366,441

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,400
  • Assessed Land Value: $208,200
  • Assessed Improvements Value: $153,200

    Sales

  • Current Sale Contract Date: May 29, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42575
  • Previous Sale Recording Date: Mar 01, 1984
  • Previous Sale Amount: $66,500
  • 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

2408 ft²

Average Home Age

62.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73067128

Frequently Asked Questions

When was property at 1 Meadowbrook Road built and last sold?
The property at 1 Meadowbrook Road was built in 1955 and last sold on May 29, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 1 Meadowbrook Road is $365,634.
What are some comparable homes to 1 Meadowbrook Road?
There are currently no comparable homes to 1 Meadowbrook Road.
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