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Marlborough 01752
5 Demers Drive
Photo of 5 Demers Drive
Sold on Aug 15, 2006

1

Map

$382,000
● House - Off Market

5 Demers Drive

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,200 Ft²
$657,602
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Inviting home with great curb appeal sited in East Marlboro. Bright living room has FP & bay window that leads to a DR w/ access to private 3 season porch. Generous size bedrooms with 1/2 bath in MBR. Finished LL includes family room w/ FP, office, laundry rm & pantry. Recent updates include new roof & driveway 2001, water tank 2003, ceramic tile in kitchen 2004.  Elegant stonewall/steps in front & landscaped level backyard, fresh interior paint & security sys. Nice!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$177
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #70374803)

Price History

Date / Event Date Event Price
Aug 15, 2006 Sold
Premium
Sold
Apr 25, 2006 Listed $389,900
Listed
Aug 28, 2003 Sold
Premium
Sold
Jun 30, 2003 Listed $349,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,225
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,048
  • Total Building Area: 1,273
  • Gross Building Area: 2,714
  • Building Area: 1,273
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,273
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 321100

Geography

  • Account Number: 312501
  • Parcel: MARL M:010 B:006C L:000
  • Block: 6C
  • Municipality: MARLBOROUGH
  • Latitude: 42.3713
  • Longitude: -71.5031

    Address

  • Full Address: 5 Demers Dr
  • Address - House Number: 5
  • Address - Street Name: Demers
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marlborough
  • Carrier Code: R008
  • 4-Digit Zip Code: 1640
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $483,600

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 569,206
  • High Value: 663,241
  • Low Value: 475,171

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $472,300
  • Assessed Land Value: $217,500
  • Assessed Improvements Value: $254,800

    Sales

  • Current Sale Recording Date: Aug 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00154793
  • Previous Sale Recording Date: Aug 28, 2003
  • Previous Sale Amount: $347,000
  • Previous Sale Document Type: 27
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

$315

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2291 ft²

Average Home Age

64 years

Currently For Sale

69 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: 5 months ago
Data Source: MLS PIN, MLS# 70374803

Frequently Asked Questions

When was property at 5 Demers Drive built and last sold?
The property at 5 Demers Drive was built in 1965 and last sold on Jan 1, 1970 for $382,000.
How much is this home worth?
The estimated value of the home located at 5 Demers Drive is $414,469.
What are some comparable homes to 5 Demers Drive?
There are currently no comparable homes to 5 Demers Drive.
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