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Northborough 01532
7 Rustic Dr
$304,900
● House - Off Market

7 Rustic Dr

Northborough, MA 01532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,671 Ft²
$787,024
RealtyHop Estimate
153.96%
Since Jun 1, 2002
National-US
Primary Model

About This Property

METICULOUS*HEAVILY UPDATED:KITCHEN,BATHS,ARCHITECTURAL ROOF, HARVEY WINDOWS,BSMNT RM,SCREENED PORCH*METICULOUS*FAM RM OVR GARAGE*VAULTED/SKYLIT SUNRM*TILE  KITCH&BTHS*GLEAMING HARDWD GREAT FENCED YD W/POOL/PATIO*SELLER IS INSTALLING NEW SEPTIC
Unit Size
1,671 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$185
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1956

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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 #30559455)

Price History

Date / Event Date Event Price
May 22, 2002 Sold
Premium
Sold
Nov 8, 2001 Listed by RE/MAX First Choice R. E. $309,900
Listed by RE/MAX First Choice R. E.
Dec 1, 1995 Sold
Premium
Sold
Oct 25, 1995 Listed by RE/MAX First Choice R. E. $148,500
Listed by RE/MAX First Choice R. E.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,502
  • Total Building Area: 1,780
  • Gross Building Area: 3,024
  • Building Area: 1,780
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,780
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY CLUB ESTATES
  • Land Acres: 0000000241
  • 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:0930 L:0011
  • Lot: 11
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3036
  • Longitude: -71.6357

    Address

  • Full Address: 7 Rustic Dr
  • Address - House Number: 7
  • Address - Street Name: Rustic
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Northborough
  • Carrier Code: C007
  • 4-Digit Zip Code: 2315
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $706,100

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 595,089
  • High Value: 702,606
  • Low Value: 487,573

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,500
  • Assessed Land Value: $208,600
  • Assessed Improvements Value: $285,900

    Sales

  • Current Sale Recording Date: May 22, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 01, 1995
  • Previous Sale Amount: $137,000
  • 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 Northborough

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2146 ft²

Average Home Age

73.6 years

Currently For Sale

13 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# 30559455

Frequently Asked Questions

When was property at 7 Rustic Drive built and last sold?
The property at 7 Rustic Drive was built in 1956 and last sold on Jan 1, 1970 for $304,900.
How much is this home worth?
The estimated value of the home located at 7 Rustic Drive is $324,980.
What are some comparable homes to 7 Rustic Drive?
There are currently no comparable homes to 7 Rustic Drive.
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