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Worcester 01581
3 Arrowhead Lane
$707,875
● House - Off Market

3 Arrowhead Lane

Westborough, MA 01581
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,710 Ft²
$1,690,003
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Outstanding value in this just completed fabulous 3700 SF colonial in premier neighborhood!  Everything you would expect in a superbly built quality home - hardwood, custom tile, upgraded fixtures, detailed woodwork, loads of windows, 9' ceilings-all huge rooms, including 31-foot FR! Portico entrance, inviting foyer and lovely turned staircase welcome you to this bright and airy home.  Just getting finishing professional touches and ready for new owner!  BEST VALUE IN WESTBOROUGH! DON'T WAIT!
Unit Size
3,710 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$229
Property Type
House
Property Taxes
$864
HOA Dues
-
Year Built
2003

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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 years ago (MLSPIN #70631603)

Price History

Date / Event Date Event Price
Oct 22, 2008 Sold
Premium
Sold
Aug 12, 2007 Listed by Marilyn L. Smith R. E. $849,000
Listed by Marilyn L. Smith R. E.

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,230
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,486
  • Total Building Area: 3,726
  • Gross Building Area: 6,246
  • Building Area: 3,726
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,726
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001159
  • 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: 742401

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0015 B:000306 L:0
  • Block: 306
  • Municipality: WESTBOROUGH
  • Latitude: 42.2527
  • Longitude: -71.6233

    Address

  • Full Address: 3 Arrowhead Ln
  • Address - House Number: 3
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westborough
  • Carrier Code: R004
  • 4-Digit Zip Code: 3024
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,654,000

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,181,561
  • High Value: 1,366,041
  • Low Value: 997,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,007,900
  • Assessed Land Value: $263,900
  • Assessed Improvements Value: $744,000

    Sales

  • Current Sale Recording Date: Oct 22, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00116042
  • Previous Sale Recording Date: Apr 25, 2007
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70631603

Frequently Asked Questions

When was property at 3 Arrowhead Lane built and last sold?
The property at 3 Arrowhead Lane was built in 2003 and last sold on Jan 1, 1970 for $707,875.
How much is this home worth?
The estimated value of the home located at 3 Arrowhead Lane is $0.
What are some comparable homes to 3 Arrowhead Lane?
There are currently no comparable homes to 3 Arrowhead Lane.
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