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Marlborough 01752
5 Summit Ave
$283,900
● House - Off Market

5 Summit Ave

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,704 Ft²
$554,712
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

The wait is over! Remarkable ranch style home in great commuting location. Expanded and updated 3 bedrooms, 1 1/2 baths, 2011 kitchen with stainless appliances, gleaming hardwood floors, huge master suite, full basement, vinyl siding, one car garage, fenced yard with fascinating garden plantings, handy storage shed, large L shaped fireplaced living room, formal dining room, and big 4 season sunroom which leads to convenient deck. All appliances included- newer heat and hot water- welcome home!
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$167
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #71556486)

Price History

Date / Event Date Event Price
Sep 13, 2013 Sold
Premium
Sold
Jul 17, 2013 Listed by Prudential Ursula Stephan $284,900
Listed by Prudential Ursula Stephan

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,280
  • Total Building Area: 1,488
  • Gross Building Area: 3,209
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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: 880521
  • Parcel: MARL M:032 B:026 L:000
  • Block: 26
  • Municipality: MARLBOROUGH
  • Latitude: 42.3633
  • Longitude: -71.5342

    Address

  • Full Address: 5 Summit Ave
  • Address - House Number: 5
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C014
  • 4-Digit Zip Code: 1428
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,100

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 548,312
  • High Value: 649,073
  • Low Value: 447,551

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $460,100
  • Assessed Land Value: $200,400
  • Assessed Improvements Value: $259,700

    Sales

  • Current Sale Recording Date: Sep 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 200425
  • Previous Sale Recording Date: Sep 13, 2013
  • Previous Sale Amount: $283,900
  • 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 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71556486

Frequently Asked Questions

When was property at 5 Summit Avenue built and last sold?
The property at 5 Summit Avenue was built in 1959 and last sold on Jan 1, 1970 for $283,900.
How much is this home worth?
The estimated value of the home located at 5 Summit Avenue is $304,402.
What are some comparable homes to 5 Summit Avenue?
There are currently no comparable homes to 5 Summit Avenue.
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