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Marlborough 01752
117 Old Charter Rd
$720,000
● House - Off Market

117 Old Charter Rd

Marlborough, MA 01752
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,711 Ft²
$676,132
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

BACK ON THE MARKET DUE TO BUYER FINANCING This beautifully maintained expanded Cape has so much to offer, with its lovely Farmer's porch,  updated kitchen which includes cherry cabinets, granite counters, copper sink, SS appliances, Viking stovetop and direct access to a two-car garage with lots of storage and workroom. The home also features a sunlit living room, dining room, a huge family room perfect for entertaining, 5 good size bedrooms and 2 full bathrooms all with central air. Enjoy the outdoors this summer grilling on the patio, relaxing by the pool or admiring the fenced in landscaped yard with irrigation system. Located near shopping and restaurants, schools, playground, major highways and the Rail Trail.
Unit Size
2,711 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$249
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1960

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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 #73098987)

Price History

Date / Event Date Event Price
Jun 8, 2023 Sold
Premium
Sold
May 16, 2023 In contract -
In contract
May 11, 2023 Relisted $549,900
Relisted
Apr 19, 2023 In contract -
In contract
Apr 14, 2023 Listed by Compass $675,000
Listed by Compass
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9
  • Basement Area: 1,800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,905
  • Total Building Area: 2,711
  • Gross Building Area: 5,114
  • Building Area: 2,711
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,711
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000457
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marlborough School District
  • School Tax School District: MARLBOROUGH SD
  • Census Tract: 321600

Geography

  • Account Number: 156424
  • Parcel: MARL M:057 B:363 L:000
  • Block: 363
  • Municipality: MARLBOROUGH
  • Latitude: 42.3542
  • Longitude: -71.5405

    Address

  • Full Address: 117 Old Charter Rd
  • Address - House Number: 117
  • Address - Street Name: Old Charter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C014
  • 4-Digit Zip Code: 7303
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $701,700

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 680,577
  • High Value: 733,312
  • Low Value: 627,842

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $685,300
  • Assessed Land Value: $207,100
  • Assessed Improvements Value: $478,200

    Sales

  • Current Sale Contract Date: Jun 08, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61161
  • Previous Sale Recording Date: Oct 27, 2021
  • Previous Sale Contract Date: Oct 27, 2021
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: O
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 Marlborough

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2253 ft²

Average Home Age

62.1 years

Currently For Sale

70 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: 5 months ago
Data Source: MLS PIN, MLS# 73098987

Frequently Asked Questions

When was property at 117 Old Charter Road built and last sold?
The property at 117 Old Charter Road was built in 1960 and last sold on Jun 8, 2023 for $720,000.
How much is this home worth?
The estimated value of the home located at 117 Old Charter Road is $682,087.
What are some comparable homes to 117 Old Charter Road?
There are currently no comparable homes to 117 Old Charter Road.
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