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Northborough 01532
7 Prospect
$415,000
● House - Off Market

7 Prospect

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,365 Ft²
$582,138
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Cape with full rear dormer on a lovely, level country setting close to town and schools.  Lot is fenced in back with patio area. Interior is beautiful!  Updated kitchen with granite counter tops, island,& stainless steel appliances. Gleaming hardwood floors throughout the first floor. Living room with fireplace, recessed lighting and picture window.  Full bath on first level plus a 4th bedroom or a home office. Upstairs you have Master bedroom plus 2 more bedrooms, all the carpeting is new and a second full bath. Fresh paint throughout!   Lot is beautiful landscaped and provides privacy. Walking distance to town center. Easy access to Church st and Route 290 for commuting.
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$311
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1954

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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 #72673357)

Price History

Date / Event Date Event Price
Aug 18, 2020 Sold
Premium
Sold
Jun 13, 2020 Listed by Heisler & Mattson Properties $425,000
Listed by Heisler & Mattson Properties
Jun 6, 2013 Sold
Premium
Sold
Dec 20, 2012 Sold
Premium
Sold
Sep 26, 2012 Listed by Heisler & Mattson Properties $329,000
Listed by Heisler & Mattson Properties
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,799
  • Total Building Area: 1,365
  • Gross Building Area: 2,364
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000363
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740200

Zoning

  • Zoning: GR

Geography

  • Parcel: NBOR M:0550 L:0092
  • Lot: 92
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3212
  • Longitude: -71.6516

    Address

  • Full Address: 7 Prospect St
  • Address - House Number: 7
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northborough
  • Carrier Code: C003
  • 4-Digit Zip Code: 1843
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,600

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 552,720
  • High Value: 642,873
  • Low Value: 462,566

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,100
  • Assessed Land Value: $212,200
  • Assessed Improvements Value: $246,900

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92547
  • Previous Sale Recording Date: Jun 06, 2013
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: O
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

$325

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2191 ft²

Average Home Age

71.6 years

Currently For Sale

14 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# 72673357

Frequently Asked Questions

When was property at 7 Prospect Street built and last sold?
The property at 7 Prospect Street was built in 1954 and last sold on Aug 12, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 7 Prospect Street is $425,938.
What are some comparable homes to 7 Prospect Street?
There are currently no comparable homes to 7 Prospect Street.
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