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Marlborough 01752
54 Patten Drive
$207,000
● House - Off Market

54 Patten Drive

Marlborough, MA 01752
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$666,084
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

IMMACULATE HOME OFFERS ALL THE BELLS & WHISTLES!! CENTRAL AIR! 2 CAR HEATED GARAGE! FENCED IN YARD! VIEWS OF FT MEADOW LAKE! SECURITY SYSTEM! HUGH TERRACED DECK
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$110
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1987

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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 years ago (MLSPIN #30296538)

Price History

Date / Event Date Event Price
Apr 13, 2021 Sold
Premium
Sold
Mar 2, 2021 Listed $479,540
Listed
May 4, 2007 Sold
Premium
Sold
Feb 23, 2007 Listed $335,000
Listed
Jul 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,144
  • Gross Building Area: 3,558
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: 36223
  • Parcel: MARL M:005 B:062 L:000
  • Block: 62
  • Municipality: MARLBOROUGH
  • Latitude: 42.3717
  • Longitude: -71.5525

    Address

  • Full Address: 54 Patten Dr
  • Address - House Number: 54
  • Address - Street Name: Patten
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C023
  • 4-Digit Zip Code: 4217
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $547,000

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 645,021
  • High Value: 751,581
  • Low Value: 538,461

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,200
  • Assessed Land Value: $201,900
  • Assessed Improvements Value: $332,300

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83061
  • Previous Sale Recording Date: May 04, 2007
  • Previous Sale Amount: $335,000
  • 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:

$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

Currently no nearby rentals
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30296538

Frequently Asked Questions

When was property at 54 Patten Drive built and last sold?
The property at 54 Patten Drive was built in 1987 and last sold on Apr 12, 2021 for $541,800.
How much is this home worth?
The estimated value of the home located at 54 Patten Drive is $492,226.
What are some comparable homes to 54 Patten Drive?
There are currently no comparable homes to 54 Patten Drive.
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