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Worcester 01581
7 Cortland Drive
Photo of 7 Cortland Drive
Sold on Jul 10, 2009

1

Map

$300,000
● House - Off Market

7 Cortland Drive

Westborough, MA 01581
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$670,125
RealtyHop Estimate
106.19%
Since Aug 1, 2009
National-US
Primary Model

About This Property

Enjoy the convenience of 1 level low maintenance living~adorable ranch~beautiful lot~great neighborhood setting.  Great open floor plan with plenty of light~2 gas fireplaces~hardwoods~updated bath~all appliances are newer and are included~replacement windows~finished lower level with additional storage & work area~beautiful in-ground pool surrounded by vinyl fencing~8X16 shed for additional storage~12x15 composite deck.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$316
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1960

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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 #70918487)

Price History

Date / Event Date Event Price
Jul 10, 2009 Sold
Premium
Sold
May 14, 2009 Listed $325,000
Listed
Dec 14, 2006 Sold
Premium
Sold
May 16, 2006 Listed $339,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,998
  • Total Building Area: 1,008
  • Gross Building Area: 2,160
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 742401

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0008 B:000048 L:0
  • Block: 48
  • Municipality: WESTBOROUGH
  • Latitude: 42.2501
  • Longitude: -71.6335

    Address

  • Full Address: 7 Cortland Dr
  • Address - House Number: 7
  • Address - Street Name: Cortland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westborough
  • Carrier Code: R007
  • 4-Digit Zip Code: 3503
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $778,700

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 556,390
  • High Value: 643,426
  • Low Value: 469,354

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $474,500
  • Assessed Land Value: $308,000
  • Assessed Improvements Value: $166,500

    Sales

  • Current Sale Recording Date: Jul 10, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00080798
  • Previous Sale Recording Date: Dec 14, 2006
  • Previous Sale Amount: $320,000
  • 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:

$499,999

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2383 ft²

Average Home Age

65 years

Currently For Sale

2087 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70918487

Frequently Asked Questions

When was property at 7 Cortland Drive built and last sold?
The property at 7 Cortland Drive was built in 1960 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 7 Cortland Drive is $322,882.
What are some comparable homes to 7 Cortland Drive?
There are currently no comparable homes to 7 Cortland Drive.
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