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Marlborough 01752
372 Berlin Rd
$260,500
● House - Off Market

372 Berlin Rd

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,324 Ft²
$299,017
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Owner Occupant Highest and Best Offers Due by 1/18/2018 @9:00am est. Opportunity is knocking! Great 3 bd ranch waiting for a new owner with a vision! This home boasts it's original wood floors in great condition, large eat in kitchen, great sized addition that is framed but needs to be finished. Bedroom sizes are ample and there is a ton of great natural light! The large basement shows great potential to be finished adding some additional entertainment space with large window and walk out to the back yard. Great spring project. Great ability to earn some sweat equity and make this home shine again!  * Review Firm Remarks*
Unit Size
1,324 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$151
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72439002)

Price History

Date / Event Date Event Price
Mar 21, 2019 Sold
Premium
Sold
Jan 9, 2019 Listed by LAER Realty Partners $199,900
Listed by LAER Realty Partners
Jun 25, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 651
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,857
  • Total Building Area: 1,492
  • Gross Building Area: 3,256
  • Building Area: 1,492
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,492
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000318
  • 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: 321500

Geography

  • Account Number: 475830
  • Parcel: MARL M:041 B:044 L:000
  • Block: 44
  • Municipality: MARLBOROUGH
  • Latitude: 42.3565
  • Longitude: -71.5811

    Address

  • Full Address: 372 Berlin Rd
  • Address - House Number: 372
  • 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: $530,800

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 579,183
  • High Value: 673,356
  • Low Value: 485,011

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $518,400
  • Assessed Land Value: $193,800
  • Assessed Improvements Value: $324,600

    Sales

  • Current Sale Contract Date: Feb 11, 2019
  • Current Sale Recording Date: Mar 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34544
  • Previous Sale Recording Date: Jun 25, 2018
  • Previous Sale Amount: $201,409
  • Previous Sale Document Type: 34
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:

$579,950

Sale Price/ft²

$312

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# 72439002

Frequently Asked Questions

When was property at 372 Berlin Road built and last sold?
The property at 372 Berlin Road was built in 1960 and last sold on Feb 11, 2019 for $260,500.
How much is this home worth?
The estimated value of the home located at 372 Berlin Road is $221,586.
What are some comparable homes to 372 Berlin Road?
There are currently no comparable homes to 372 Berlin Road.
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