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Marlborough 01752
32 Violetwood Circle
$180,000
● House - Off Market

32 Violetwood Circle

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,464 Ft²
$348,700
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

This single family home is appraised at $280,000 and is listed at 33% below the appraised value. It is part of the Marlborough Local Initiative Program which offers affordable housing opportunities to those who qualify. Buyers must be first time home buyers and meet the Marlborough Community Development Authority's income requirements. Please see attached application for rules and income requirements. Take advantage of this unique opportunity to own this lovely, affordable home.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$179
HOA Dues
$42
Year Built
1997

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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 #71660245)

Price History

Date / Event Date Event Price
Jun 17, 2014 Sold
Premium
Sold
Apr 13, 2014 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $187,600
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office
Aug 1, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,464
  • Gross Building Area: 2,362
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Marlborough School District
  • School Tax School District: MARLBOROUGH SD
  • Census Tract: 321100

Geography

  • Account Number: 98000053
  • Parcel: MARL M:074 B:002A L:000-290
  • Block: 2A
  • Lot: 0-290
  • Municipality: MARLBOROUGH
  • Latitude: 42.3459
  • Longitude: -71.497

    Address

  • Full Address: 32 Violetwood Cir
  • Address - House Number: 32
  • Address - Street Name: Violetwood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C029
  • 4-Digit Zip Code: 6492
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $274,200

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 381,361
  • High Value: 455,219
  • Low Value: 307,504

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $267,782
  • Assessed Improvements Value: $267,782

    Sales

  • Current Sale Recording Date: Jun 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 82164
  • Previous Sale Recording Date: Aug 01, 1997
  • Previous Sale Amount: $94,500
  • 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:

$580,000

Sale Price/ft²

$311

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2489 ft²

Average Home Age

70.3 years

Currently For Sale

58 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: 4 months ago
Data Source: MLS PIN, MLS# 71660245

Frequently Asked Questions

When was property at 32 Violetwood Circle built and last sold?
The property at 32 Violetwood Circle was built in 1997 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 32 Violetwood Circle is $206,663.
What are some comparable homes to 32 Violetwood Circle?
There are currently no comparable homes to 32 Violetwood Circle.
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