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Marlborough 01752
22 Labelle St
$320,000
● House - Off Market

22 Labelle St

Marlborough, MA 01752
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,326 Ft²
$453,757
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Open House Cancelled.  Best and final offers due Saturday 6/9 at 6pm. This charming full basement ranch is more than meets they eye and is probably the best value in town! Run don't walk to see this bright and sunny 2/3 bedroom home with multiple fireplaces, hardwood flooring, Stunning Rear sun room overlooking backyard oasis with horseshoe pit and shed for extra storage. One car garage and basement is partially finished with more space to be creative. Kitchen is very open and has solid wood  cabinetry and accommodates eat in area or add an island. You won't find a deal like this anywhere. Come see for yourself.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$226
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #72340942)

Price History

Date / Event Date Event Price
Jul 20, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by MDM Realty, Inc $299,900
Listed by MDM Realty, Inc
Sep 28, 2001 Sold
Premium
Sold
Apr 27, 2001 Listed by MDM Realty, Inc $259,900
Listed by MDM Realty, Inc

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 3
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,326
  • Gross Building Area: 2,856
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 745708
  • Parcel: MARL M:042 B:023 L:000
  • Block: 23
  • Municipality: MARLBOROUGH
  • Latitude: 42.3558
  • Longitude: -71.566

    Address

  • Full Address: 22 Labelle St
  • Address - House Number: 22
  • Address - Street Name: Labelle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C017
  • 4-Digit Zip Code: 1157
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $440,100

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 483,780
  • High Value: 575,489
  • Low Value: 392,071

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $429,800
  • Assessed Land Value: $188,000
  • Assessed Improvements Value: $241,800

    Sales

  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109553
  • Previous Sale Recording Date: Sep 28, 2001
  • Previous Sale Amount: $259,900
  • 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 Marlborough

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2107 ft²

Average Home Age

57 years

Currently For Sale

72 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: 5 months ago
Data Source: MLS PIN, MLS# 72340942

Frequently Asked Questions

When was property at 22 Labelle Street built and last sold?
The property at 22 Labelle Street was built in 1959 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 22 Labelle Street is $309,262.
What are some comparable homes to 22 Labelle Street?
There are currently no comparable homes to 22 Labelle Street.
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