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Marlborough 01752
159 Elm Street
Photo of 159 Elm Street

1

Map

$219,900
● House - Off Market

159 Elm Street

Marlborough, MA 01752
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$1,342
Est. Monthly

About This Property

Restored four bedroom colonial.  Updates include kitchen, windows replace in '07, furnace with air conditioning system, first floor laundry, two first floor bedrooms, all new electric, flooring, and two bedrooms with full bath on the second floor. Reconstruction done by local builder, The Paul Davis Company.  Orignal structure has period brick.  Warning ceilings are low in some rooms. Home was formally the Jonah Rice homestead.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$135
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1998

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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 #70915274)

Price History

Date / Event Date Event Price
Dec 28, 2017 Sold
Premium
Sold
Jun 30, 2014 Sold
Premium
Sold
May 14, 2014 Listed by ERA Key Realty Services- Fram $179,900
Listed by ERA Key Realty Services- Fram
May 7, 2009 Listed by ERA Key Realty Services- Fram $219,900
Listed by ERA Key Realty Services- Fram
Sep 24, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,041
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,842
  • Total Building Area: 1,632
  • Gross Building Area: 2,768
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • 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: 321500

Geography

  • Account Number: 321534
  • Parcel: MARL M:068 B:399 L:000
  • Block: 399
  • Municipality: MARLBOROUGH
  • Latitude: 42.3475
  • Longitude: -71.5646

    Address

  • Full Address: 159 Elm St
  • Address - House Number: 159
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C031
  • 4-Digit Zip Code: 1159
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $303,900

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 337,193
  • High Value: 395,296
  • Low Value: 279,089

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $296,800
  • Assessed Land Value: $152,600
  • Assessed Improvements Value: $144,200

    Sales

  • Current Sale Recording Date: Dec 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 210244
  • Previous Sale Recording Date: Jun 30, 2014
  • Previous Sale Amount: $171,500
  • 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:

$580,000

Sale Price/ft²

$311

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2489 ft²

Average Home Age

70.3 years

Currently For Sale

58 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# 70915274

Frequently Asked Questions

When was property at 159 Elm Street built and last sold?
The property at 159 Elm Street was built in 1998 and last sold on Jan 1, 1970 for $200,000.
How much is this home worth?
The estimated value of the home located at 159 Elm Street is $198,168.
What are some comparable homes to 159 Elm Street?
There are currently no comparable homes to 159 Elm Street.
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