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Worcester 01772
2 Devine Lane
$730,000
● House - Off Market

2 Devine Lane

Southborough, MA 01772
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,154 Ft²
$1,136,685
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Desirable cul-de-sac location north of route 9 with easy highway access yet close to soccer fields, schools & downtown. Traditional floor plan features granite center island kitchen open to step-down cathedral ceiling family room w/fireplace and sliders to deck. Formal living & dining rooms, first floor home office & laundry. Spacious master suite & secondary bedrooms all with newer carpeting. Enormous finished walk-out basement has media room, den or office; plenty of natural light. Updates include new exterior paint; second floor air conditioner; recent water heater. Unfinished walk-up attic provides mega-storage. Private, wooded lot. Great opportunity to get into desirable Southborough.
Unit Size
3,154 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$241
Property Type
House
Property Taxes
$994
HOA Dues
-
Year Built
1996

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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: 4 months ago (MLSPIN #72438149)

Price History

Date / Event Date Event Price
Mar 28, 2019 Sold
Premium
Sold
Jan 8, 2019 Listed by RE/MAX Advantage Real Estate $759,900
Listed by RE/MAX Advantage Real Estate
Oct 25, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 6
  • 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: 2
  • Basement Area: 1,504
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,112
  • Total Building Area: 3,154
  • Gross Building Area: 5,705
  • Building Area: 3,154
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,154
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000576
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Southborough School District
  • Census Tract: 741102

Zoning

  • Zoning: RB

Geography

  • Account Number: F_647667_2932141
  • Parcel: SBOR M:036.0 B:0000 L:0034.0
  • Lot: 34.0
  • Municipality: SOUTHBOROUGH
  • Latitude: 42.2939
  • Longitude: -71.5313

    Address

  • Full Address: 2 Devine Ln
  • Address - House Number: 2
  • Address - Street Name: Devine
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Southborough
  • Carrier Code: R006
  • 4-Digit Zip Code: 1531
  • Zip Code: 01772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,378,000

    Appraisal Valuation

  • Standard Deviation: 0.1589
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,048,530
  • High Value: 1,215,224
  • Low Value: 881,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $933,600
  • Assessed Land Value: $338,600
  • Assessed Improvements Value: $595,000

    Sales

  • Current Sale Contract Date: Mar 18, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26912
  • Previous Sale Recording Date: Oct 25, 1996
  • Previous Sale Amount: $356,840
  • Previous Sale Document Type: 27

    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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 72438149

Frequently Asked Questions

When was property at 2 Devine Lane built and last sold?
The property at 2 Devine Lane was built in 1996 and last sold on Mar 18, 2019 for $730,000.
How much is this home worth?
The estimated value of the home located at 2 Devine Lane is $769,646.
What are some comparable homes to 2 Devine Lane?
There are currently no comparable homes to 2 Devine Lane.
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