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Cordaville 01772
22 Ted Lane
$715,000
● House - Off Market

22 Ted Lane

Southborough, MA 01772
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,120 Ft²
$804,135
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Completely renovated home in one of Southborough's most sought after neighborhoods.  The open floor plan is perfect for entertaining. The first floor features living room, eat in kitchen that opens up to 16 x 20  sun room. Large oversized 15 x 19 composite deck overlooks large level backyard. The new state of the art  kitchen features quartz counter tops, tile backsplash  and stainless steel appliances. Hardwood floors are in all three bedrooms, living room and kitchen. Home has forced hot air and hvac on main level and new mini-split AC and heat system on lower level.  The amazing walk out lower level features large mud room, 3/4 bath, laundry, plenty of storage and fireplaced family room. Brand new tankless on demand hot water . New garage door and opener. This home is a must see and will not last!
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$344
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1974

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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 years ago (MLSPIN #72898765)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Sep 22, 2021 Listed by Ginny Martins & Associates $729,900
Listed by Ginny Martins & Associates
May 24, 2021 Sold
Premium
Sold
Sep 1, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 6
  • Basement Area: 968
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,333
  • Total Building Area: 1,392
  • Gross Building Area: 2,981
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000880
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Southborough School District
  • Census Tract: 741101

Zoning

  • Zoning: RB

Geography

  • Account Number: F_651785_2925056
  • Parcel: SBOR M:009.0 B:0000 L:0053.0
  • Lot: 53.0
  • Municipality: SOUTHBOROUGH
  • Latitude: 42.2747
  • Longitude: -71.5164

    Address

  • Full Address: 22 Ted Ln
  • Address - House Number: 22
  • Address - Street Name: Ted
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Southborough
  • Carrier Code: R003
  • 4-Digit Zip Code: 2026
  • Zip Code: 01772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $971,400

    Appraisal Valuation

  • Standard Deviation: 0.1589
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 785,092
  • High Value: 909,905
  • Low Value: 660,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $658,100
  • Assessed Land Value: $302,700
  • Assessed Improvements Value: $355,400

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175312
  • Previous Sale Recording Date: May 24, 2021
  • Previous Sale Contract Date: May 21, 2021
  • Previous Sale Amount: $455,000
  • 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 Cordaville

Stats & Trends

Median Asking:

$807,374

Sale Price/ft²

$355

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3139 ft²

Average Home Age

50.9 years

Currently For Sale

12 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: 5 years ago
Data Source: MLS PIN, MLS# 72898765

Frequently Asked Questions

When was property at 22 Ted Lane built and last sold?
The property at 22 Ted Lane was built in 1974 and last sold on Dec 15, 2021 for $715,000.
How much is this home worth?
The estimated value of the home located at 22 Ted Lane is $0.
What are some comparable homes to 22 Ted Lane?
There are currently no comparable homes to 22 Ted Lane.
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