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Northborough 01532
44 Riley Rd.
$254,000
● House - Off Market

44 Riley Rd.

Northborough, MA 01532
bedrooms
3 Beds
bathrooms
1 Bath
square feet
875 Ft²
$462,889
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Wonderfully convenient one floor living on fabulous acre plus of land.  Lots of space for recreation,  as well as privacy.  However, this location also convenient to town center and highways.  Kitchen has new oak cabinets, counter tops, AND new dish washer and microwave oven.  Additionally, the hard wood floors have been recently sanded and refinished.  In recent years there have been major updates including new windows, electrical box, driveway completely rebuilt, including 6 inch gravel base and roof including new ply wood.  Unusual three zones of heat.  There is a great area in the lower level which could provide considerable additional living space.
Unit Size
875 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$297
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1955

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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 #71827641)

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $399,900
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office
Jun 29, 2015 Sold
Premium
Sold
Apr 30, 2015 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $260,000
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • 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: 7
  • Basement Area: 875
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,926
  • Total Building Area: 875
  • Gross Building Area: 1,750
  • Building Area: 875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 875
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001169
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740101

Zoning

  • Zoning: RC

Geography

  • Parcel: NBOR M:0740 L:0015
  • Lot: 15
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3107
  • Longitude: -71.648

    Address

  • Full Address: 44 Riley Rd
  • Address - House Number: 44
  • Address - Street Name: Riley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northborough
  • Carrier Code: C007
  • 4-Digit Zip Code: 1823
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $560,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 532,381
  • High Value: 623,301
  • Low Value: 441,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,600
  • Assessed Land Value: $207,000
  • Assessed Improvements Value: $185,600

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56096
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Amount: $254,000
  • 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 Northborough

Stats & Trends

Median Asking:

$649,950

Sale Price/ft²

$331

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2237 ft²

Average Home Age

66.6 years

Currently For Sale

15 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: 4 months ago
Data Source: MLS PIN, MLS# 71827641

Frequently Asked Questions

When was property at 44 Riley Road built and last sold?
The property at 44 Riley Road was built in 1955 and last sold on Apr 9, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 44 Riley Road is $407,195.
What are some comparable homes to 44 Riley Road?
There are currently no comparable homes to 44 Riley Road.
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