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Worcester 01532
55 Cherry St.,
Photo of 55 Cherry St.,
Sold on May 24, 2007

1

Map

$925,000
● House - Off Market

55 Cherry St.,

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,376 Ft²
$1,589,801
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Custom architectural design by present owner this spectacular Contemporary sits high on private drive "Chestnut Hill" overlooking 15+ acres of land for complete privacy. Soaring ceilings,2 floor to ceiling stone fireplaces,2 lofts, floors are oak parquet  w.w. and ceramic mosiac tile. This one of a kind homes hosts three levels of living, Open stair wells with oak stairs and railings.  Passive solar home with walls of glass looking south, makes it  fuel efficient.
Unit Size
4,376 Ft²
Days on Market
-
Land Size
15.91 acres
Price per sqft
$212
Property Type
House
Property Taxes
$935
HOA Dues
-
Year Built
1979

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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 #70521395)

Price History

Date / Event Date Event Price
May 24, 2007 Sold
Premium
Sold
Feb 5, 2007 Listed $929,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,046
  • Garage Type: 17
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 692,966
  • Total Building Area: 2,876
  • Gross Building Area: 8,340
  • Building Area: 2,876
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 2,876
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000015908
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740101

Zoning

  • Zoning: RB

Geography

  • Parcel: NBOR M:0570 L:0039
  • Lot: 39
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3195
  • Longitude: -71.6685

    Address

  • Full Address: 55 Cherry St
  • Address - House Number: 55
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northborough
  • Carrier Code: R001
  • 4-Digit Zip Code: 1208
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,649,300

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 1,329,162
  • High Value: 1,529,873
  • Low Value: 1,128,451

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,155,000
  • Assessed Land Value: $431,500
  • Assessed Improvements Value: $723,500

    Sales

  • Current Sale Recording Date: May 24, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00067858
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 70521395

Frequently Asked Questions

When was property at 55 Cherry Street built and last sold?
The property at 55 Cherry Street was built in 1979 and last sold on Jan 1, 1970 for $925,000.
How much is this home worth?
The estimated value of the home located at 55 Cherry Street is $950,266.
What are some comparable homes to 55 Cherry Street?
There are currently no comparable homes to 55 Cherry Street.
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