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Marlborough 01752
76 Phelps St
$400,000
● House - Off Market

76 Phelps St

Marlborough, MA 01752
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,152 Ft²
$2,610
Est. Monthly

About This Property

Please note major price change!  Take a look at this charming ranch home in Marlboro.  Home has 2 bedrooms, living room, den, enclosed patio, plenty of storage, including unfinished basement.  Home needs some updates, and has great potential for a new owner.  1 car garage attached and 4 parking spaces in driveway.  Nice yard with trees and gazebo to enjoy the outdoors. Close to shops, and downtown Marlboro.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$390
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1968

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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: 6 months ago (MLSPIN #73159696)

Price History

Date / Event Date Event Price
Dec 14, 2023 Sold
Premium
Sold
Oct 19, 2023 In contract -
In contract
Oct 2, 2023 Price Decreased $449,000
↓ $40K (8.2%)
Price Decreased
Sep 25, 2023 Price Increased $489,000
↑ $40K (8.9%)
Price Increased
Sep 14, 2023 Listed by Century 21 North East $449,000
Listed by Century 21 North East
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,098
  • Total Building Area: 1,152
  • Gross Building Area: 2,474
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000553
  • 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: 321200

Geography

  • Account Number: 380233
  • Parcel: MARL M:072 B:016A L:000
  • Block: 16A
  • Municipality: MARLBOROUGH
  • Latitude: 42.3468
  • Longitude: -71.5252

    Address

  • Full Address: 76 Phelps St
  • Address - House Number: 76
  • Address - Street Name: Phelps
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C021
  • 4-Digit Zip Code: 2783
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,300

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 453,557
  • High Value: 488,701
  • Low Value: 418,413

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,500
  • Assessed Land Value: $239,700
  • Assessed Improvements Value: $211,800

    Sales

  • Current Sale Contract Date: Dec 08, 2023
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1949039
  • Previous Sale Recording Date: Dec 13, 1994
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: 43
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:

$575,750

Sale Price/ft²

$314

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1918 ft²

Average Home Age

60.9 years

Currently For Sale

65 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: 6 months ago
Data Source: MLS PIN, MLS# 73159696

Frequently Asked Questions

When was property at 76 Phelps Street built and last sold?
The property at 76 Phelps Street was built in 1968 and last sold on Dec 8, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 76 Phelps Street is $447,982.
What are some comparable homes to 76 Phelps Street?
There are currently no comparable homes to 76 Phelps Street.
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