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Northborough 01532
126 Madison Road
Photo of 126 Madison Road
Sold on Dec 15, 2006

1

Map

$540,500
● House - Off Market

126 Madison Road

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,520 Ft²
$968,973
RealtyHop Estimate
70.03%
Since Jan 1, 2007
National-US
Primary Model

About This Property

Quality "Abu built" custom colonial in sought after Lanthorn Farms! Generous sized rooms thru out. Kitchen with vaulted skylit dining area, new stove and microwave.  Formal dining room with tray ceiling. Formal living room with french doors. The Family Room has a fireplace, vaulted ceiling, skylights. Gleaming Hardwoods and BRAND NEW Carpet on 2nd floor.Lower level finished w/extra 750 sq. ft.with an added Half Bath! Deck leads to a beautiful landscaped level yard with inground pool!Town sewer
Unit Size
2,520 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$226
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1989

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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: 5 months ago (MLSPIN #70460777)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed $799,900
Listed
Dec 15, 2006 Sold
Premium
Sold
Sep 18, 2006 Listed $569,900
Listed
Aug 28, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 1,120
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,081
  • Total Building Area: 2,520
  • Gross Building Area: 4,516
  • Building Area: 2,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANTHORN FARMS 02
  • Land Acres: 0000000507
  • 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:1010 L:0089
  • Lot: 89
  • Municipality: NORTHBOROUGH
  • Latitude: 42.2967
  • Longitude: -71.6479

    Address

  • Full Address: 126 Madison Rd
  • Address - House Number: 126
  • Address - Street Name: Madison
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northborough
  • Carrier Code: C001
  • 4-Digit Zip Code: 2243
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,135,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 876,371
  • High Value: 1,034,534
  • Low Value: 718,209

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $795,100
  • Assessed Land Value: $238,100
  • Assessed Improvements Value: $557,000

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175409
  • Previous Sale Recording Date: Dec 15, 2006
  • Previous Sale Amount: $540,500
  • 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 Northborough

Stats & Trends

Median Asking:

$655,000

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2191 ft²

Average Home Age

71.6 years

Currently For Sale

14 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: 5 months ago
Data Source: MLS PIN, MLS# 70460777

Frequently Asked Questions

When was property at 126 Madison Road built and last sold?
The property at 126 Madison Road was built in 1989 and last sold on Dec 15, 2021 for $840,000.
How much is this home worth?
The estimated value of the home located at 126 Madison Road is $816,679.
What are some comparable homes to 126 Madison Road?
There are currently no comparable homes to 126 Madison Road.
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