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Worcester 01532
6 Gates Ln
$609,000
● House - Off Market

6 Gates Ln

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,629 Ft²
$1,206,504
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

"TALL PINES"RESALE Young Spacious and bright "Brendon homes" colonial~ Red Birch kitchen with center island, skylights and tile back splash! hardwoods on both floors except FR~ FR with fireplace, skylights and vaulted ceiling~Recent designer color interior paint~ Gorgeous flat backyard situated on a cu-De-sac setting~Great subdivision~ A commuters dream being minutes to I-495...$6000 credit to buyer for exterior paint. Hardwoods on first floor will be refinished prior to close.
Unit Size
2,629 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$235
Property Type
House
Property Taxes
$699
HOA Dues
-
Year Built
1998

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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 months ago (MLSPIN #71526938)

Price History

Date / Event Date Event Price
Jul 26, 2013 Sold
Premium
Sold
May 16, 2013 Listed by Keller Williams Realty Westborough $619,000
Listed by Keller Williams Realty Westborough
Jun 2, 1998 Sold
Premium
Sold
Aug 7, 1997 Listed $360,900
Listed
PHASE 2 TALL PINE NORTHBORO, NEW HOMES, BEAUTIFUL DESIGNS, SPECS UP TO SHOW, FURNISHED MODEL. CUL-DE-SAC LOTS, WOODED NEIGHBORHOOD OF 69 HOMESITES, CALL MICHAEL OR JACKIE FOR BROCHURES 508/481-7880

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,500
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,351
  • Total Building Area: 2,721
  • Gross Building Area: 5,473
  • Building Area: 2,721
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,721
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TALL PINES
  • Land Acres: 0000000467
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740102

Zoning

  • Zoning: RC

Geography

  • Parcel: NBOR M:0340 L:0021
  • Lot: 21
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3323
  • Longitude: -71.6177

    Address

  • Full Address: 6 Gates Ln
  • Address - House Number: 6
  • Address - Street Name: Gates
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Northborough
  • Carrier Code: R006
  • 4-Digit Zip Code: 1689
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,196,400

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 932,616
  • High Value: 1,084,508
  • Low Value: 780,724

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $837,800
  • Assessed Land Value: $251,400
  • Assessed Improvements Value: $586,400

    Sales

  • Current Sale Recording Date: Jul 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90657
  • Previous Sale Recording Date: Jul 26, 2013
  • Previous Sale Amount: $609,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71526938

Frequently Asked Questions

When was property at 6 Gates Lane built and last sold?
The property at 6 Gates Lane was built in 1998 and last sold on Jan 1, 1970 for $609,000.
How much is this home worth?
The estimated value of the home located at 6 Gates Lane is $628,010.
What are some comparable homes to 6 Gates Lane?
There are currently no comparable homes to 6 Gates Lane.
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