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Northborough 01532
61 Meadow Rd
$375,000
● House - Off Market

61 Meadow Rd

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$436,165
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Desirable Northgate neighborhood. The first level features large living room with hardwood flooring. Cabinet packed kitchen with separate large dining area, bathroom and two bedrooms with hardwood flooring. On the second level one oversized bedroom with walk in closet and second small bedroom /office area. Great entry level home to get into Northborough schools. House needs updating but with some work you would have instant equity. Beautiful lot w/ level yard, storage shed. Town water and Sewer!  Close walking distance to elementary school and park. Close to Rt. 9 and all major highways & mins. to Westborough Train Station to Boston, great nearby shopping, Wegman's, restaurants & more
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$323
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1956

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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 years ago (MLSPIN #72895685)

Price History

Date / Event Date Event Price
Dec 8, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Zoom Realty, Inc. $395,900
Listed by Zoom Realty, Inc.
Jan 1, 1967 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,393
  • Total Building Area: 1,554
  • Gross Building Area: 3,104
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHGATE SEC C
  • Land Acres: 0000000285
  • 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:0940 L:0195
  • Lot: 195
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3011
  • Longitude: -71.6481

    Address

  • Full Address: 61 Meadow Rd
  • Address - House Number: 61
  • Address - Street Name: Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northborough
  • Carrier Code: C001
  • 4-Digit Zip Code: 2267
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 472,073
  • High Value: 556,284
  • Low Value: 387,862

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $468,600
  • Assessed Land Value: $209,900
  • Assessed Improvements Value: $258,700

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171688
  • Previous Sale Recording Date: Jan 01, 1967
  • Previous Sale Amount: $2,500
  • 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 Northborough

Stats & Trends

Median Asking:

$655,000

Sale Price/ft²

$329

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2209 ft²

Average Home Age

78.2 years

Currently For Sale

11 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: 5 years ago
Data Source: MLS PIN, MLS# 72895685

Frequently Asked Questions

When was property at 61 Meadow Road built and last sold?
The property at 61 Meadow Road was built in 1956 and last sold on Dec 8, 2021 for $375,000.
How much is this home worth?
The estimated value of the home located at 61 Meadow Road is $399,695.
What are some comparable homes to 61 Meadow Road?
There are currently no comparable homes to 61 Meadow Road.
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