$750,000
●
House -
Off Market
51 Sears Rd
Southborough, MA 01772
5 Beds
3 Baths,
1
Half Bath
3,896 Ft²
$1,159,831
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Welcome to the Eber S. Fay House on prestigious Sears Road.
The 10 room antique farmhouse offers 5 bedrooms, 3.5 baths,
and a Bonus Room on 1.38 desirable acres. It abuts 125+ acres of
St. Marks land for walking, biking, and cross country skiing.
The large eat-in-kitchen is the center of the home and
features solid wood cabinets with glass inserts, gas stove, island,
and leathered granite countertops. The property has seen extensive
updates by its current owners including 20 new windows,
installation of two mini-split ductless heating/cooling, creation
of a kids play area,and extensive landscaping, yet maintains the
home's original details. The home also has updated
electrical, natural gas heat, and town water. There is a deck off
the kitchen to watch the sun set, and a new blue stone patio for a
fire on a cool night in the backyard. There's a small barn
perfect for chickens or goats with a fully fenced garden area, and
a large barn with a 30x30 loft space...an amazing property.
Unit Size
3,896 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$203
Property Type
House
Property Taxes
$925
HOA Dues
-
Year Built
1935
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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 months ago (MLSPIN #72467055)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2019 | Sold | ||
| Sold | |||
| Mar 19, 2019 | Listed by Mathieu Newton Sotheby's International Realty | $789,000 | |
| Listed by Mathieu Newton Sotheby's International Realty | |||
| Mar 30, 2016 | Sold | ||
| Sold | |||
| Mar 25, 2015 | Listed by KW Pinnacle MetroWest | $699,000 | |
| Listed by KW Pinnacle MetroWest | |||
| | |||
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Charm and elegance abound in this rare updated antique on prestigious Sears Rd situated on a gorgeous private lot & back yard abutting about 50 acres owned by renowned St Mark's School w/extensive walking & X-country ski trails! The 'Eben Fay House' offers a fusion of antique styles w/modern conveniences. Victorian wainscoting & large closets w/many updates incl. gas fireplaces & advanced heating system. LR, DR & breakfast area w/exposed beams.Country kitchen w/glass front cabinets, island, 5-burner gas stove & sunny eating area w/bay window. Relax in the claw-foot tub, lovely family room w/gas fireplace, upstairs game room (or 5th bedroom) or beamed 30x30 play room over garage/barn offering teenagers a separate space. Enjoy the fish/lily pool, apple trees & many Japanese maples. Versatile layout comfortably accommodates a nanny or in-law in a 1st floor bedroom or office w/adjacent bath. Front & back staircases. Filled w/character, feels like a VT Inn ~this home is TRULY one of a kind!
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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