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Marlborough 01752
5 Patten Dr
Photo of 5 Patten Dr
Sold on Sep 27, 2007

1

Map

$250,500
● House - Off Market

5 Patten Dr

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
1 Bath
square feet
943 Ft²
$454,814
RealtyHop Estimate
75.00%
Since Oct 1, 2007
National-US
Primary Model

About This Property

Beautifully landscaped,well maintained ranch conveniently located near Fort Meadow Reservoir. Gleaming hardwood floors, fireplaced living room, partially finished basement with new wall-to-wall carpet ideal for playroom/home office.  One car garage. Updates include roof,windows,bath,hot water tank and freshly painted interior. Enjoy seasonal views of the lake. Short walk to private beach. Minutes to 495 & 290.
Unit Size
943 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$276
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1951

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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 #70584558)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Nov 24, 2020 Listed $280,000
Listed
Sep 27, 2007 Sold
Premium
Sold
May 23, 2007 Listed $259,900
Listed
Jun 28, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 943
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 902
  • Gross Building Area: 1,804
  • Building Area: 902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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: 321600

Geography

  • Account Number: 615221
  • Parcel: MARL M:005 B:077 L:000
  • Block: 77
  • Municipality: MARLBOROUGH
  • Latitude: 42.3716
  • Longitude: -71.5502

    Address

  • Full Address: 5 Patten Dr
  • Address - House Number: 5
  • Address - Street Name: Patten
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C023
  • 4-Digit Zip Code: 4216
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $390,500

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 440,826
  • High Value: 524,393
  • Low Value: 357,260

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $381,300
  • Assessed Land Value: $203,400
  • Assessed Improvements Value: $177,900

    Sales

  • Current Sale Contract Date: Jan 02, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 10844
  • Previous Sale Recording Date: Sep 27, 2007
  • Previous Sale Amount: $250,500
  • 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:

$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# 70584558

Frequently Asked Questions

When was property at 5 Patten Drive built and last sold?
The property at 5 Patten Drive was built in 1951 and last sold on Jan 2, 2021 for $320,500.
How much is this home worth?
The estimated value of the home located at 5 Patten Drive is $285,399.
What are some comparable homes to 5 Patten Drive?
There are currently no comparable homes to 5 Patten Drive.
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