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Marlborough 01752
701 Concord Road
$500,000
● House - Off Market

701 Concord Road

Marlborough, MA 01752
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,545 Ft²
$1,089,357
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

This amazing custom built home sits back from the road on 1.6 acres of level grounds. The 3,500+ square feet of living area does not include the huge finished basement. Two story foyer, formal living and dining rooms, Very large eat-in kitchen and family room both offer access to the deck. Generous size bedrooms, spacious office on the third floor & tons of storage space, Great yard with an in-ground swimming pool, basketball area & a tool shed.  3-car free standing garage & plenty of parking.
Unit Size
3,545 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$144
Property Type
House
Property Taxes
$706
HOA Dues
-
Year Built
1999

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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: 4 months ago (MLSPIN #71427086)

Price History

Date / Event Date Event Price
Jan 18, 2013 Sold
Premium
Sold
Aug 27, 2012 Listed by Hammond Residential $509,000
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9
  • Basement Area: 2,026
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,696
  • Total Building Area: 3,545
  • Gross Building Area: 7,906
  • Building Area: 3,545
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,545
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marlborough School District
  • School Tax School District: MARLBOROUGH SD
  • Census Tract: 321100

Geography

  • Account Number: 457936
  • Parcel: MARL M:021 B:002 L:000
  • Block: 2
  • Municipality: MARLBOROUGH
  • Latitude: 42.3669
  • Longitude: -71.5082

    Address

  • Full Address: 701 Concord Rd
  • Address - House Number: 701
  • Address - Street Name: Concord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: R002
  • 4-Digit Zip Code: 5615
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $987,200

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,025,840
  • High Value: 1,205,388
  • Low Value: 846,292

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $964,100
  • Assessed Land Value: $220,100
  • Assessed Improvements Value: $744,000

    Sales

  • Current Sale Recording Date: Jan 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15935
  • Previous Sale Recording Date: Jan 18, 2013
  • Previous Sale Amount: $500,000
  • 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 Marlborough

Stats & Trends

Median Asking:

$580,000

Sale Price/ft²

$311

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2489 ft²

Average Home Age

70.3 years

Currently For Sale

58 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: 4 months ago
Data Source: MLS PIN, MLS# 71427086

Frequently Asked Questions

When was property at 701 Concord Road built and last sold?
The property at 701 Concord Road was built in 1999 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 701 Concord Road is $545,229.
What are some comparable homes to 701 Concord Road?
There are currently no comparable homes to 701 Concord Road.
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