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Marlborough 01752
40 Commonwealth Avenue
$389,900
● House - Off Market

40 Commonwealth Avenue

Marlborough, MA 01752
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,049 Ft²
$540,615
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

NEW PRICE ON THIS THREE-LEVEL HOME IN BUSTLING MARLBORO! Terrific colonial home with huge front-to-back updated kitchen/dining room. Living & family rooms with wide pine flrs, columns & period details. Turned stairway to the second floor has 2 stained glass windows. Upstairs you will find 3 generous BRS (2 with gleaming hdwd flrs), a tiled full bath & stairs to the private third flr master suite. Private master BR is full of natural light from all the windows, has a large walk-in closet & spacious updated en-suite bath with new floor & updated vanity. Lovely TWO-PARCEL LOT offers patio, fenced rear yard, stone walls, above-ground pool, plenty of parking & lots of room to play, garden & enjoy the close proximity to shopping, dining, schools, commuting, parks & more!  MOTIVATED SELLERS ARE READY TO MOVE!
Unit Size
2,049 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$190
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1870

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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 #72649380)

Price History

Date / Event Date Event Price
Jul 7, 2020 Sold
Premium
Sold
Apr 30, 2020 Listed by RE/MAX Executive Realty $389,900
Listed by RE/MAX Executive Realty
May 23, 2017 Sold
Premium
Sold
Feb 27, 2017 Listed by RE/MAX Executive Realty $316,000
Listed by RE/MAX Executive Realty
Jun 11, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 880
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,561
  • Total Building Area: 2,049
  • Gross Building Area: 3,349
  • Building Area: 2,049
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,049
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • 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: 321200

Geography

  • Account Number: 228032
  • Parcel: MARL M:082 B:236 L:000
  • Block: 236
  • Municipality: MARLBOROUGH
  • Latitude: 42.3427
  • Longitude: -71.5407

    Address

  • Full Address: 40 Commonwealth Ave
  • Address - House Number: 40
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C009
  • 4-Digit Zip Code: 3213
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $522,000

    Appraisal Valuation

  • Standard Deviation: 0.2426
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 566,941
  • High Value: 704,490
  • Low Value: 429,392

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $509,800
  • Assessed Land Value: $227,000
  • Assessed Improvements Value: $282,800

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108424
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Amount: $322,500
  • Previous Sale Document Type: O
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

56

Average Home Size

2488 ft²

Average Home Age

67.6 years

Currently For Sale

57 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72649380

Frequently Asked Questions

When was property at 40 Commonwealth Avenue built and last sold?
The property at 40 Commonwealth Avenue was built in 1870 and last sold on Jul 1, 2020 for $389,900.
How much is this home worth?
The estimated value of the home located at 40 Commonwealth Avenue is $404,368.
What are some comparable homes to 40 Commonwealth Avenue?
There are currently no comparable homes to 40 Commonwealth Avenue.
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