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Marlborough 01752
300 Berlin Rd
$330,000
● Land - Off Market

300 Berlin Rd

Marlborough, MA 01752
bedrooms
Studio
bathrooms
0 Bath
$2,121
Est. Monthly

About This Property

Attention Builders!  Rare opportunity to purchase a beautiful 2.54 acre lot in an ideal location is now available! Lot was recently surveyed and lot lines staked. Marlborough field card states uninhabitable house was demolished in 7/2017. Town water & town sewer on street. Commuters dream with easy access to all major routes (I-495, I-290, Routes 20, 85, 9 & Mass Pike). Convenient location to all local amenities but located on the outskirts of downtown Marlborough in an established neighborhood. Please do not walk land without an appointment - thank you.
Unit Size
-
Days on Market
-
Land Size
2.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$171
HOA Dues
-
Year Built
1977

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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 months ago (MLSPIN #73175705)

Price History

Date / Event Date Event Price
Mar 4, 2024 Sold
Premium
Sold
Dec 11, 2023 In contract -
In contract
Oct 31, 2023 Listed by ERA Key Realty Services- Auburn $397,000
Listed by ERA Key Realty Services- Auburn

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 8
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 110,642
  • Total Building Area: 0
  • Gross Building Area: 3,204
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002540
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Marlborough School District
  • School Tax School District: MARLBOROUGH SD
  • Census Tract: 321500

Geography

  • Account Number: 285719
  • Parcel: MARL M:041 B:050 L:000
  • Block: 50
  • Municipality: MARLBOROUGH
  • Latitude: 42.3545
  • Longitude: -71.5785

    Address

  • Full Address: 300 Berlin Rd
  • Address - House Number: 300
  • Address - Street Name: Berlin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C017
  • 4-Digit Zip Code: 7200
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $220,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $214,900
  • Assessed Land Value: $214,900

    Sales

  • Current Sale Contract Date: Feb 27, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21151
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:

$579,900

Sale Price/ft²

$311

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2490 ft²

Average Home Age

66.5 years

Currently For Sale

59 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# 73175705

Frequently Asked Questions

When was property at 300 Berlin Road built and last sold?
The property at 300 Berlin Road was built in 1977 and last sold on Feb 27, 2024 for $330,000.
How much is this home worth?
The estimated value of the home located at 300 Berlin Road is $400,970.
What are some comparable homes to 300 Berlin Road?
There are currently no comparable homes to 300 Berlin Road.
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