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Marlborough 01752
361 Stow Rd
$497,000
● House - Off Market

361 Stow Rd

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,360 Ft²
$506,514
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Delightful 3 bedroom 1.5 bathroom Multi Level  set on level 1/2 acre lot in Sought after East Side Neighborhood. Fireplaced Living Room with built in Bookcases, New Vinyl Picture Window ( 2022) and Hardwood Floor. Dining Room with Chair Rail, Hardwood Floor and access to Exterior. Bright Fully Applianced Kitchen with Light Cherry Cabinets, Granite Counters and Tile Floor. 3 good size Bedrooms with Closets and Hardwood Floors. Full bathroom with tub/shower , tile floor and linen closet.  Office with tongue in groove paneling and light colored flooring, Half bath with pedestal sink. Full unfinished Basement with laundry hookups and plenty of storage. New Heating and Central A/C and Water Heater installed 2021,  All Replacement Vinyl Windows except Basement. Replacement Garage Door.
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$360
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1960

Payment Calculator

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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 #73012240)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by N. B. Taylor & Co. Inc. $489,900
Listed by N. B. Taylor & Co. Inc.
Dec 16, 2011 Sold
Premium
Sold
Sep 29, 2011 Listed by N. B. Taylor & Co. Inc. $284,900
Listed by N. B. Taylor & Co. Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 41
  • 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: 3
  • Basement Area: 1,150
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,748
  • Total Building Area: 1,150
  • Gross Building Area: 2,380
  • Building Area: 1,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,150
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000476
  • 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: 321100

Geography

  • Account Number: 809218
  • Parcel: MARL M:033 B:011 L:000
  • Block: 11
  • Municipality: MARLBOROUGH
  • Latitude: 42.3639
  • Longitude: -71.5184

    Address

  • Full Address: 361 Stow Rd
  • Address - House Number: 361
  • Address - Street Name: Stow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: R002
  • 4-Digit Zip Code: 1540
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,500

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 535,507
  • High Value: 623,974
  • Low Value: 447,039

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,700
  • Assessed Land Value: $197,000
  • Assessed Improvements Value: $295,700

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133056
  • Previous Sale Recording Date: Dec 16, 2011
  • Previous Sale Amount: $284,900
  • 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 Marlborough

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2323 ft²

Average Home Age

69.4 years

Currently For Sale

67 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# 73012240

Frequently Asked Questions

When was property at 361 Stow Road built and last sold?
The property at 361 Stow Road was built in 1960 and last sold on Aug 30, 2022 for $497,000.
How much is this home worth?
The estimated value of the home located at 361 Stow Road is $487,614.
What are some comparable homes to 361 Stow Road?
There are currently no comparable homes to 361 Stow Road.
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