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Marlborough 01752
40 Royce Road
Photo of 40 Royce Road
Sold on Apr 17, 2025

5

Map

Photo of 40 Royce Road
Photo of 40 Royce Road
$740,000
● House - Off Market

40 Royce Road

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,732 Ft²
$3,856
Est. Monthly
5.11%
Cap Rate

About This Property

Tucked on an acre plus lot, this sweet ranch style home offers a large, flat lot on a quiet cul de sac*3 BRS and 2 FULL baths, this home has been made handicapped accessible for the kitchen, primary bedroom and bath w/ a ramp to rear of home* 2 additional bedrooms, hardwood floors(some in need of repair) spacious kitchen with wood cabinetry, fireplaced family room too*Lovely 3 season sunroom could be made more year round* Nice oversized front porch welcomes you*Wonderful unexpected surprise is the 40x40' detached garage (20' high) with its own heat * Great for car enthusiasts or those who like to tinker*Close to major routes/shopping/restaurants*Don't wait on this value priced home*Accompanied showings Sat (1/25) from 2-3 pm only*
Unit Size
1,732 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$404
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1954

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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 #73328776)

Price History

Date / Event Date Event Price
Apr 17, 2025 Sold
Premium
Sold
Jan 26, 2025 In contract -
In contract
Jan 23, 2025 Listed $699,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 9
  • Basement Area: 864
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 1,732
  • Gross Building Area: 2,958
  • Building Area: 1,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001160
  • 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: 763406
  • Parcel: MARL M:072 B:025 L:000
  • Block: 25
  • Municipality: MARLBOROUGH
  • Latitude: 42.3457
  • Longitude: -71.5224

    Address

  • Full Address: 40 Royce Rd
  • Address - House Number: 40
  • Address - Street Name: Royce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C024
  • 4-Digit Zip Code: 2750
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $503,200

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 517,449
  • High Value: 581,478
  • Low Value: 453,421

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,400
  • Assessed Land Value: $206,700
  • Assessed Improvements Value: $284,700
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:

$585,000

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2326 ft²

Average Home Age

70.5 years

Currently For Sale

60 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73328776

Frequently Asked Questions

When was property at 40 Royce Road built and last sold?
The property at 40 Royce Road was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Royce Road is $0.
What are some comparable homes to 40 Royce Road?
There are currently no comparable homes to 40 Royce Road.
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