46 Oregon Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | In contract | - | |
| In contract | |||
| Jul 24, 2023 | Listed by Keller Williams Realty Boston Northwest | $299,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Amazing opportunity to build in the desirable town of Southborough! Enjoy peace,serenity, & an abundance of privacy on this 1 acre property offering shaded woodlands, potential for expansive flat backyard, & stone walls. Percolation Test Results, Soil Suitability Assessment, & 5 Bedroom Septic Design attached. Seller has already taken on the cost of approved septic design, tree removal & partial land excavation. Enjoy a convenient location close to the Southborough Train Station, commuter routes, top rated schools, conservation land, farms, golf courses, & more. Take advantage of this perfect opportunity to build your dream home!
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| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by Keller Williams Realty Boston Northwest | $260,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Rare opportunity to purchase a nice lot in sought after Town of Southborough! Lot 5A Oregon Road is situated between 44 Oregon Road and 48 Oregon Road and across street from Powder Mill Lane. See attached Plan recorded in Worcester County Registry of Deeds. Lot is staked. Percolation Results and Soil Suitability Assessment for On-Site Sewage Disposal are attached. Wooded parcel with pretty stone walls. Non-exclusive access easement for driveway to 48 Oregon Road per plan. Assessed value, taxes to be determined. Requires private well water (no well on property) or potential town water on street to be researched by Buyer. Ideal location proximate to Southborough Train Station, Route 85, Route 9, 495 and Mass Pike!
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