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Worcester 01772
6 Summit Rd
$305,500
● House - Off Market

6 Summit Rd

Southborough, MA 01772
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,643 Ft²
$685,317
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

Great location.  Great opportunity to own in a beautiful southborough neighborhood.  Two car garage, central air, hard wood floors, step down family room with sliders to sun room.  Two full baths, new heating system, loads of closet space, nice yard. New septic is being installed now.  Call today, House is listed well below assessed value.
Unit Size
1,643 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$194
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1967

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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: 5 months ago (MLSPIN #71076371)

Price History

Date / Event Date Event Price
Oct 23, 2015 Sold
Premium
Sold
Aug 26, 2010 Sold
Premium
Sold
May 6, 2010 Listed by Martin Real Estate $319,000
Listed by Martin Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,296
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,622
  • Gross Building Area: 4,248
  • Building Area: 1,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,622
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Southborough School District
  • Census Tract: 741102

Zoning

  • Zoning: RA

Geography

  • Account Number: F_645391_2928204
  • Parcel: SBOR M:019.0 B:0000 L:0033.0
  • Lot: 33.0
  • Municipality: SOUTHBOROUGH
  • Latitude: 42.283
  • Longitude: -71.5397

    Address

  • Full Address: 6 Summit Rd
  • Address - House Number: 6
  • Address - Street Name: Summit
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Southborough
  • Carrier Code: R009
  • 4-Digit Zip Code: 1740
  • Zip Code: 01772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $868,200

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 703,268
  • High Value: 824,041
  • Low Value: 582,495

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,200
  • Assessed Land Value: $287,700
  • Assessed Improvements Value: $300,500

    Sales

  • Current Sale Recording Date: Oct 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 111406
  • Previous Sale Recording Date: Aug 26, 2010
  • Previous Sale Amount: $305,500
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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# 71076371

Frequently Asked Questions

When was property at 6 Summit Road built and last sold?
The property at 6 Summit Road was built in 1967 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 6 Summit Road is $329,123.
What are some comparable homes to 6 Summit Road?
There are currently no comparable homes to 6 Summit Road.
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