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Marlborough 01752
245 Simpson Road
$555,000
● House - Off Market

245 Simpson Road

Marlborough, MA 01752
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,960 Ft²
$888,150
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Pleased to announce this new Hip Roof Colonial in Orchard Estates! Beautiful yard with deck just stained last week!  Newer two AC units and two gas furnaces, Huged tiled eat in kitchen with triple windows overlooking back yard. The family room you have been waiting for with a floor to ceiling brick fireplace and Paladin window. First floor office or bedroom ( needs closet ) with full first floor bath and tiled walks in shower with seat. Gleaming HW floors in formal living room and dining room.  Turned staircase off large foyer to four generous bedrooms and two full baths. Master suite has walk in closet and soak tub and shower. Time for this seller to downsize.
Unit Size
2,960 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$189
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
1989

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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: 4 months ago (MLSPIN #72210008)

Price History

Date / Event Date Event Price
Nov 29, 2017 Sold
Premium
Sold
Aug 7, 2017 Listed by ERA Key Realty Services - Distinctive Group $559,900
Listed by ERA Key Realty Services - Distinctive Group
Jan 31, 2000 Sold
Premium
Sold
Dec 17, 1999 Listed by ERA Key Realty Services - Distinctive Group $344,900
Listed by ERA Key Realty Services - Distinctive Group

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9
  • Basement Area: 1,734
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,420
  • Total Building Area: 2,958
  • Gross Building Area: 5,468
  • Building Area: 2,958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000607
  • 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: 321600

Geography

  • Account Number: 87001001
  • Parcel: MARL M:008 B:090 L:000
  • Block: 90
  • Municipality: MARLBOROUGH
  • Latitude: 42.3726
  • Longitude: -71.5214

    Address

  • Full Address: 245 Simpson Rd
  • Address - House Number: 245
  • Address - Street Name: Simpson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C016
  • 4-Digit Zip Code: 6507
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $734,700

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 854,959
  • High Value: 1,003,323
  • Low Value: 706,595

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $717,500
  • Assessed Land Value: $209,300
  • Assessed Improvements Value: $508,200

    Sales

  • Current Sale Recording Date: Nov 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 193335
  • Previous Sale Recording Date: Jan 31, 2000
  • Previous Sale Amount: $344,900
  • 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:

$585,000

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2326 ft²

Average Home Age

70.5 years

Currently For Sale

60 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 months ago
Data Source: MLS PIN, MLS# 72210008

Frequently Asked Questions

When was property at 245 Simpson Road built and last sold?
The property at 245 Simpson Road was built in 1989 and last sold on Jan 1, 1970 for $555,000.
How much is this home worth?
The estimated value of the home located at 245 Simpson Road is $576,098.
What are some comparable homes to 245 Simpson Road?
There are currently no comparable homes to 245 Simpson Road.
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