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Winchester 01890 Winchester Town Center
508 South Border Road
$1,600,000
● House - Off Market

508 South Border Road

Winchester, MA 01890
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,450 Ft²
$1,973,457
RealtyHop Estimate
19.61%
Since Apr 1, 2021
MA-Boston
Primary Model

About This Property

Winchesters finest new home value!!This beautiful new construction (originally the model home), three level Colonial home is a must see and is move in ready! Located across the street from Middlesex Fells Reservation, this is the perfect location for everything Winchester has to offer. This home features gorgeous finishes including eat-in kitchen with new quartz counters, stainless steel appliances and formal dining room. The spacious rooms through-out the home include a finished basement with full size windows, and finished 3rd floor with a 5th bedroom and bonus room! Property has underground lawn irrigation, to help maintain the exterior of this gorgeous property!
Unit Size
4,450 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$371
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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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: 5 years ago (MLSPIN #72483056)

Price History

Date / Event Date Event Price
Dec 28, 2021 Sold
Premium
Sold
Nov 9, 2021 Listed by Redfin Corp. $1,799,900
Listed by Redfin Corp.
Mar 12, 2021 Sold
Premium
Sold
Apr 16, 2019 Listed by Redfin Corp. $1,649,900
Listed by Redfin Corp.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,276
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,105
  • Total Building Area: 3,979
  • Gross Building Area: 6,266
  • Building Area: 3,979
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,979
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338500

Geography

  • Parcel: WINC M:005 B:0323 L:0
  • Block: 323
  • Municipality: WINCHESTER
  • Latitude: 42.4483
  • Longitude: -71.1259

    Address

  • Full Address: 508 S Border Rd
  • Address - House Number: 508
  • Street Direction: S
  • Address - Street Name: Border
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchester
  • Carrier Code: C004
  • 4-Digit Zip Code: 3162
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,166,500

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,119,470
  • High Value: 2,494,460
  • Low Value: 1,744,479

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,912,200
  • Assessed Land Value: $861,900
  • Assessed Improvements Value: $1,050,300

    Sales

  • Current Sale Contract Date: Dec 28, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1903124
  • Previous Sale Recording Date: Mar 12, 2021
  • Previous Sale Contract Date: Mar 12, 2021
  • Previous Sale Amount: $1,600,000
  • 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 Winchester Town Center

Stats & Trends

Median Asking:

$1,324,500

Sale Price/ft²

$558

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2144 ft²

Average Home Age

67.6 years

Currently For Sale

31 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 years ago
Data Source: MLS PIN, MLS# 72483056

Frequently Asked Questions

When was property at 508 South Border Road built and last sold?
The property at 508 South Border Road was built in 2018 and last sold on Dec 28, 2021 for $1,802,000.
How much is this home worth?
The estimated value of the home located at 508 South Border Road is $0.
What are some comparable homes to 508 South Border Road?
There are currently no comparable homes to 508 South Border Road.
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