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Worcester 01772
2 Gilmore Road
$226,000
● House - Off Market

2 Gilmore Road

Southborough, MA 01772
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$640,971
RealtyHop Estimate
168.19%
Since Nov 1, 2001
National-US
Primary Model

About This Property

WONDERFUL FAMILY NEIGHBORHOOD SETTING AND WALK TO NEW SCHOOL TRAIN.SELLER TO PAY NEW SEPTIC SYSTEM! HARDWOOD FLOORS* 2 FULL BATHS*SCREENED-IN PORCH*GREAT STARTER HOME* *AREA OF MORE EXPENSIVE HOMES*GREAT BUY FOR SOUTHBOROUGH!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$184
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1956

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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 years ago (MLSPIN #30534961)

Price History

Date / Event Date Event Price
Apr 26, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by Realty Executives Boston West $499,900
Listed by Realty Executives Boston West
Nov 1, 2001 Sold
Premium
Sold
Aug 22, 2001 Listed by Realty Executives Boston West $239,000
Listed by Realty Executives Boston West

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,189
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,564
  • Total Building Area: 1,189
  • Gross Building Area: 3,115
  • Building Area: 1,189
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,189
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000357
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RA

Geography

  • Account Number: F_646403_2925804
  • Parcel: SBOR M:013.0 B:0000 L:0010.0
  • Lot: 10.0
  • Municipality: SOUTHBOROUGH
  • Latitude: 42.2765
  • Longitude: -71.5361

    Address

  • Full Address: 2 Gilmore Rd
  • Address - House Number: 2
  • Address - Street Name: Gilmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Southborough
  • Carrier Code: R009
  • 4-Digit Zip Code: 1721
  • Zip Code: 01772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $737,700

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 622,564
  • High Value: 721,675
  • Low Value: 523,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $499,800
  • Assessed Land Value: $265,300
  • Assessed Improvements Value: $234,500

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57075
  • Previous Sale Recording Date: Nov 01, 2001
  • Previous Sale Amount: $226,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2384 ft²

Average Home Age

65.6 years

Currently For Sale

1965 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30534961

Frequently Asked Questions

When was property at 2 Gilmore Road built and last sold?
The property at 2 Gilmore Road was built in 1956 and last sold on Apr 23, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 2 Gilmore Road is $486,412.
What are some comparable homes to 2 Gilmore Road?
There are currently no comparable homes to 2 Gilmore Road.
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