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Northborough 01532
5 Memorial Dr
Photo of 5 Memorial Dr

33

Map

Photo of 5 Memorial Dr
Photo of 5 Memorial Dr
$599,000
↓ $31K (4.9%)
● House - For Sale

5 Memorial Dr

Northborough, MA 01532
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$3,453
Est. Monthly

About This Property

MOTIVATED SELLER!! Welcome Home to this 3 bedroom, 1.5 bath raised ranch set on a quiet cul-de-sac in sought after Northborough!  Walk into first level with double entry closet, garage access, half bath/laundry and front to back family room with slider to backyard. You will love the new laminate flooring installed this summer.  Second level greets you with gleaming hardwood flooring throughout.  Living room with bow window, ceiling fan and opens to dining area and kitchen.  Your kitchen with all new cabinets and quartz countertop (June 2026), fully applianced, new s/s microwave and door leads you to mahogany deck overlooking wooded backyard. Updated main bath!  New light fixtures! Mitsubishi splits! Maintenance free vinyl siding!  Move in ready!!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$352
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1971

Listed By

Donna Coffin
ERA Key Realty Services - Distinctive Group

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Cap Rate Calculator

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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 hours ago (MLSPIN #73585355)

Price History

Date / Event Date Event Price
Oct 26, 2026 Price Decreased $599,000
↓ $31K (4.9%)
Price Decreased
Oct 15, 2026 Price Decreased $629,900
↓ $19K (2.9%)
Price Decreased
Oct 8, 2026 Price Decreased $649,000
↓ $31K (4.5%)
Price Decreased
Oct 1, 2026 Listed by ERA Key Realty Services - Distinctive Group $679,900
Listed by ERA Key Realty Services - Distinctive Group
Dec 4, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Garage Door Opener, Paved
Garage Spaces: 1
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 6
Exterior Details
Square Footage: 1700
Square Footage Source: $0
Architectural Style: Raised Ranch
Year Built Source: Public Records
Year Built: 1971
Building Area Total: 1700
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Features: Wooded
Lot Size Area: 0.47
Lot Size Units: Acres
Lot Size Acres: 0.47
Lot Size Square Feet: 20303
Water Source: Public
Financial Details
Tax Assessed Value: $430,400
Tax Annual Amount: $6,133
Utilities Details
Cooling Type: Ductless
Heating Type: Baseboard
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 3
  • Building Style: 19
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,303
  • Total Building Area: 960
  • Gross Building Area: 2,192
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKLAND ESTATES I
  • Land Acres: 0000000466
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740200

Zoning

  • Zoning: RC

Geography

  • Parcel: NBOR M:0460 L:0122
  • Lot: 122
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3273
  • Longitude: -71.6296

    Address

  • Full Address: 5 Memorial Dr
  • Address - House Number: 5
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Northborough
  • Carrier Code: C004
  • 4-Digit Zip Code: 1632
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $547,100

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 505,298
  • High Value: 589,157
  • Low Value: 421,439

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,100
  • Assessed Land Value: $191,900
  • Assessed Improvements Value: $191,200

    Sales

  • Current Sale Recording Date: Dec 04, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 29, 1995
  • Previous Sale Amount: $140,000
  • 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 Northborough

Stats & Trends

Median Asking:

$649,950

Sale Price/ft²

$327

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2149 ft²

Average Home Age

74.7 years

Currently For Sale

13 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: 5 hours ago
Data Source: MLS PIN, MLS# 73585355

Frequently Asked Questions

When was property at 5 Memorial Drive built and last sold?
The property at 5 Memorial Drive was built in 1971 and last sold on Jan 1, 1970 for $163,000.
How much is this home worth?
The estimated value of the home located at 5 Memorial Drive is $575,249.
What are some comparable homes to 5 Memorial Drive?
There are currently no comparable homes to 5 Memorial Drive.
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