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Marlborough 01752
511 Elm St
Photo of 511 Elm St

1

Map

$284,900
● House - Off Market

511 Elm St

Marlborough, MA 01752
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,173 Ft²
$1,687
Est. Monthly

About This Property

Home was a 3 bedroom, 2 bath single family converted to a 2 bed, 2 family.  Easily changed back if buyer desires. Main home a quality1600 sq. ft. addition (1995) Includes  great room (22x30) w/ 2 sliders to porch and creek-stone patio, shrock kitchen w/ high end appliances, large bedroom, dining room and office, 2 bay garage, pull through drive, sprinkler system. Attached original home renovated w/in 8 yrs. includes fully applianced in-law apt (3 rooms w/master bath). Hardwood throughout.
Unit Size
2,173 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$131
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1960

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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: 3 months ago (MLSPIN #71249887)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Sep 11, 2023 In contract -
In contract
Sep 5, 2023 Listed by Fox Run Realty $565,000
Listed by Fox Run Realty
Sep 9, 2019 Sold
Premium
Sold
Jun 17, 2011 Listed by Fox Run Realty $284,900
Listed by Fox Run Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,196
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,210
  • Total Building Area: 2,294
  • Gross Building Area: 3,185
  • Building Area: 2,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,294
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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: 321400

Geography

  • Account Number: 720315
  • Parcel: MARL M:067 B:013 L:000
  • Block: 13
  • Municipality: MARLBOROUGH
  • Latitude: 42.3471
  • Longitude: -71.5802

    Address

  • Full Address: 511 Elm St
  • Address - House Number: 511
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marlborough
  • Carrier Code: R005
  • 4-Digit Zip Code: 1809
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,900

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 641,369
  • High Value: 759,231
  • Low Value: 523,507

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,900
  • Assessed Land Value: $190,200
  • Assessed Improvements Value: $391,700

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124169
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Sep 04, 2019
  • Previous Sale Amount: $435,000
  • 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 Marlborough

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2107 ft²

Average Home Age

57 years

Currently For Sale

72 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

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Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71249887

Frequently Asked Questions

When was property at 511 Elm Street built and last sold?
The property at 511 Elm Street was built in 1960 and last sold on Oct 31, 2023 for $590,000.
How much is this home worth?
The estimated value of the home located at 511 Elm Street is $590,269.
What are some comparable homes to 511 Elm Street?
There are currently no comparable homes to 511 Elm Street.
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