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Marlborough 01752
6 Ruth Dr
$375,000
● House - Off Market

6 Ruth Dr

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$365,599
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Location is everything. A perfect way to start off the new year ! This is one of the few opportunities available in todays real estate market where a buyer can actually build some sweat equity. Located in a desirable neighborhood with close access to Rt 20 and walk to Kane elementary school. House is very original and has hardwood floors throughout a full basement. There are three bedrooms and one full bath. There is an Eat in kitchen that will need to be updated and would be great opened up to make the living area flow better. The bathroom  is solid - just vintage.This is a very nice corner lot with a good size yard. This is an Excellent Opportunity.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$339
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1960

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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 #73065309)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Jan 4, 2023 In contract -
In contract
Dec 15, 2022 Listed by Coldwell Banker Realty - Sudbury $349,900
Listed by Coldwell Banker Realty - Sudbury

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 9
  • Basement Area: 1,032
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,060
  • Total Building Area: 1,032
  • Gross Building Area: 2,088
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 321200

Geography

  • Account Number: 57007
  • Parcel: MARL M:072 B:053 L:000
  • Block: 53
  • Municipality: MARLBOROUGH
  • Latitude: 42.3444
  • Longitude: -71.5186

    Address

  • Full Address: 6 Ruth Dr
  • Address - House Number: 6
  • Address - Street Name: Ruth
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C024
  • 4-Digit Zip Code: 2709
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $438,200

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 460,773
  • High Value: 547,136
  • Low Value: 374,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $427,900
  • Assessed Land Value: $230,100
  • Assessed Improvements Value: $197,800

    Sales

  • Current Sale Contract Date: Feb 15, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18646
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:

$580,000

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2338 ft²

Average Home Age

69.5 years

Currently For Sale

59 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# 73065309

Frequently Asked Questions

When was property at 6 Ruth Drive built and last sold?
The property at 6 Ruth Drive was built in 1960 and last sold on Feb 15, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 6 Ruth Drive is $357,427.
What are some comparable homes to 6 Ruth Drive?
There are currently no comparable homes to 6 Ruth Drive.
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