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Worcester 01532
7 Laurel Ave
Photo of 7 Laurel Ave
Sold on Oct 18, 2007

1

Map

$668,500
● House - Off Market

7 Laurel Ave

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,840 Ft²
$1,205,895
RealtyHop Estimate
77.36%
Since Nov 1, 2007
National-US
Primary Model

About This Property

Evergreen Estates! Contemporary/Colonial set on a spacious 1/2 acre cul-de-sac. Dramatic 2 story Foyer & FF Office w/2 Phone lines, FP Family Rm w/soaring ceilings, spacious Maple/Granite Kitchen,  vaulted Master Suite/Spa, large secondary bedrooms, 660 s.f. in daylight, walk-out Lower Level opening to a very private, level fenced rear yard overlooking small natural pond; wildlife habitat +  winter skating,  Neighborhood abuts Algonquin Regional High with easement path to the school parking lot!
Unit Size
3,840 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$177
Property Type
House
Property Taxes
$680
HOA Dues
-
Year Built
1994

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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 #70628474)

Price History

Date / Event Date Event Price
Oct 18, 2007 Sold
Premium
Sold
Aug 7, 2007 Listed $679,900
Listed
Aug 9, 1996 Sold
Premium
Sold
Jul 2, 1996 Listed $389,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 2
  • Basement Area: 1,573
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,354
  • Total Building Area: 3,205
  • Gross Building Area: 5,959
  • Building Area: 3,205
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,205
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EVERGREEN ESTATES
  • Land Acres: 0000000559
  • 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:0520 L:0061
  • Lot: 61
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3262
  • Longitude: -71.6176

    Address

  • Full Address: 7 Laurel Ave
  • Address - House Number: 7
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Northborough
  • Carrier Code: C004
  • 4-Digit Zip Code: 1670
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,319,600

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,010,063
  • High Value: 1,186,724
  • Low Value: 833,402

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $924,100
  • Assessed Land Value: $254,700
  • Assessed Improvements Value: $669,400

    Sales

  • Current Sale Recording Date: Oct 18, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00135614
  • Previous Sale Recording Date: Aug 09, 1996
  • Previous Sale Amount: $389,900
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70628474

Frequently Asked Questions

When was property at 7 Laurel Avenue built and last sold?
The property at 7 Laurel Avenue was built in 1994 and last sold on Jan 1, 1970 for $668,500.
How much is this home worth?
The estimated value of the home located at 7 Laurel Avenue is $692,352.
What are some comparable homes to 7 Laurel Avenue?
There are currently no comparable homes to 7 Laurel Avenue.
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