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Worcester 01532
24 Morse Circle
$470,000
● House - Off Market

24 Morse Circle

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,098 Ft²
$842,212
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Sought after cul-de-sac location in Pine Knoll! Unique Kitchen,Breakfast Nook & Family room addition & renovation in 2003. Exterior venting Jennaire range in semi -circular granite topped island which doubles as breakfast bar! Jetted Kohler tub in renovated main bathroom. Mahogany deck leads to screened porch. Thermopane windows,  Cedar closet in Bedroom 2. Recent 4 zone gas heating system with hot water storage tank. Lower level office is heated. Roof approximately 10 years. Security System.  Automatic standby generator powered by natural gas. Private lot backs up to Conservation Commission land & stream. New septic system to be installed. 3 storage sheds.
Unit Size
2,098 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$238
Property Type
House
Property Taxes
$579
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72005505)

Price History

Date / Event Date Event Price
Nov 22, 2016 Sold
Premium
Sold
May 13, 2016 Listed by RE/MAX Best Choice $499,900
Listed by RE/MAX Best Choice

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • 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: 7
  • Basement Area: 1,146
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,350
  • Total Building Area: 2,098
  • Gross Building Area: 4,028
  • Building Area: 2,098
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,098
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000926
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740101

Zoning

  • Zoning: RB

Geography

  • Parcel: NBOR M:0070 L:0015
  • Lot: 15
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3553
  • Longitude: -71.6402

    Address

  • Full Address: 24 Morse Cir
  • Address - House Number: 24
  • Address - Street Name: Morse
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Northborough
  • Carrier Code: R006
  • 4-Digit Zip Code: 1111
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $947,800

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 734,742
  • High Value: 867,491
  • Low Value: 601,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $663,700
  • Assessed Land Value: $251,700
  • Assessed Improvements Value: $412,000

    Sales

  • Current Sale Contract Date: Oct 05, 2016
  • Current Sale Recording Date: Nov 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109866
  • Previous Sale Recording Date: Apr 09, 2013
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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 months ago
Data Source: MLS PIN, MLS# 72005505

Frequently Asked Questions

When was property at 24 Morse Circle built and last sold?
The property at 24 Morse Circle was built in 1971 and last sold on Oct 5, 2016 for $470,000.
How much is this home worth?
The estimated value of the home located at 24 Morse Circle is $505,840.
What are some comparable homes to 24 Morse Circle?
There are currently no comparable homes to 24 Morse Circle.
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