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Worcester 01581
2 Sherburne Rd
$510,000
● House - Off Market

2 Sherburne Rd

Westborough, MA 01581
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,116 Ft²
$965,967
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

COOL HOME & VALUE FOR THE PRICE ,The house has more features than mentioned, FORMAL ENTRANCE FOYER AND HALL WAY( Hall way 20'X4' & Foyer (13'X8') Located at quiet friendly neighborhood with many up dates, Central Vac,closets, hot tub in family room with double skylight & access to out side, One room can be used as a bed room(town records indicates 3 Bed room) Easy access to high ways,train station,very large Finished walk out basement,one of the top rated  school system and many high tech companies near by,
Unit Size
3,116 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$167
Property Type
House
Property Taxes
$620
HOA Dues
-
Year Built
1967

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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 #71702671)

Price History

Date / Event Date Event Price
Aug 21, 2014 Sold
Premium
Sold
Jun 20, 2014 Listed by RE/MAX Real Estate Center $520,000
Listed by RE/MAX Real Estate Center
Aug 15, 1997 Sold
Premium
Sold
May 15, 1997 Listed by RE/MAX Real Estate Center $279,900
Listed by RE/MAX Real Estate Center

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 7
  • Basement Area: 2,129
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,543
  • Total Building Area: 2,457
  • Gross Building Area: 5,293
  • Building Area: 2,457
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,457
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000472
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 761200

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0029 B:000024 L:0
  • Block: 24
  • Municipality: WESTBOROUGH
  • Latitude: 42.2815
  • Longitude: -71.5914

    Address

  • Full Address: 2 Sherburne Rd
  • Address - House Number: 2
  • Address - Street Name: Sherburne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westborough
  • Carrier Code: R009
  • 4-Digit Zip Code: 2410
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,090,100

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 835,191
  • High Value: 984,960
  • Low Value: 685,421

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,300
  • Assessed Land Value: $333,600
  • Assessed Improvements Value: $330,700

    Sales

  • Current Sale Recording Date: Aug 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76891
  • Previous Sale Recording Date: Aug 15, 1997
  • Previous Sale Amount: $260,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 71702671

Frequently Asked Questions

When was property at 2 Sherburne Road built and last sold?
The property at 2 Sherburne Road was built in 1967 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 2 Sherburne Road is $532,161.
What are some comparable homes to 2 Sherburne Road?
There are currently no comparable homes to 2 Sherburne Road.
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