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Cordaville 01772
33 Richards Rd.
$451,000
● House - Off Market

33 Richards Rd.

Southborough, MA 01772
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$682,315
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Just a stone's throw from Mary E. Finn Elementary School, this gambrel/dutch colonial boasts a deep 1+ acre lot with a mix of forest and cleared land.  Quintessential New England fieldstone perimeter wall.  Sun-soaked garden area framed by a post & rail fence.  Moving inside, you'll find hardwood floors throughout.  Separate dining room.  Wood-burning fireplace.  Open kitchen with raised panel cabinetry (2000) and a pantry closet.  Original bathrooms, but clean.  Front to back master bedroom with twin double closets.  Hot water heater (2011).  100 amp circuit breakers.  4 bedroom septic system provides valuable expansion possibilities.  1-car attached garage w/ 10'x20' breezeway.  A terrific commuter location with easy access to the Southborough Commuter Rail and Mass Pike!
Unit Size
1,550 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$274
Property Type
House
Property Taxes
$485
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: 5 months ago (MLSPIN #72144165)

Price History

Date / Event Date Event Price
Oct 21, 2020 Sold
Premium
Sold
Sep 2, 2020 Listed by Realty Executives Boston West $619,900
Listed by Realty Executives Boston West
Dec 6, 2017 Sold
Premium
Sold
Jun 29, 2017 Sold
Premium
Sold
Apr 11, 2017 Listed by Realty Executives Boston West $425,000
Listed by Realty Executives Boston West

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,702
  • Total Building Area: 1,770
  • Gross Building Area: 3,472
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000613
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Southborough School District
  • Census Tract: 741102

Zoning

  • Zoning: RB

Geography

  • Account Number: F_648930_2925262
  • Parcel: SBOR M:008.0 B:0000 L:0105.0
  • Lot: 105.0
  • Municipality: SOUTHBOROUGH
  • Latitude: 42.2747
  • Longitude: -71.5267

    Address

  • Full Address: 33 Richards Rd
  • Address - House Number: 33
  • Address - Street Name: Richards
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Southborough
  • Carrier Code: R002
  • 4-Digit Zip Code: 1993
  • Zip Code: 01772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $926,000

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 767,324
  • High Value: 902,663
  • Low Value: 631,985

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $627,400
  • Assessed Land Value: $252,500
  • Assessed Improvements Value: $374,900

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125481
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Cordaville

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$355

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2842 ft²

Average Home Age

57 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 72144165

Frequently Asked Questions

When was property at 33 Richards Road built and last sold?
The property at 33 Richards Road was built in 1977 and last sold on Oct 19, 2020 for $635,000.
How much is this home worth?
The estimated value of the home located at 33 Richards Road is $618,315.
What are some comparable homes to 33 Richards Road?
There are currently no comparable homes to 33 Richards Road.
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