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Northborough 01532
8 Balcom Dr
Photo of 8 Balcom Dr
Sold on Oct 18, 2007

1

Map

$515,000
● House - Off Market

8 Balcom Dr

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,273 Ft²
$957,586
RealtyHop Estimate
77.36%
Since Nov 1, 2007
National-US
Primary Model

About This Property

Great salt-box colonial dream house on quiet cul-de-sac. Basic no-option home  warranty and $5,000 closing credit!! Full size mudroom and incredible sunroom adjacent to kitchen. Master bath renovation, recent tile in corian  kitchen w/island and breakfast nook. Fantastic finished basement. Luxury master suite, gunite in-ground pool, a must see property at this price!
Unit Size
3,273 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$165
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #70617208)

Price History

Date / Event Date Event Price
Oct 18, 2007 Sold
Premium
Sold
Jul 19, 2007 Listed $539,900
Listed
Jun 22, 2004 Sold
Premium
Sold
Mar 18, 2004 Listed $549,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 10
  • 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: 7
  • Basement Area: 1,133
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 3,028
  • Gross Building Area: 4,221
  • Building Area: 3,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEDGEWOOD-WEST MAIN ST NORTHBO
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740101

Zoning

  • Zoning: RC

Geography

  • Parcel: NBOR M:0750 L:0078
  • Lot: 78
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3125
  • Longitude: -71.6519

    Address

  • Full Address: 8 Balcom Dr
  • Address - House Number: 8
  • Address - Street Name: Balcom
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Northborough
  • Carrier Code: R004
  • 4-Digit Zip Code: 1800
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,141,500

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 928,434
  • High Value: 1,088,116
  • Low Value: 768,752

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $799,400
  • Assessed Land Value: $236,500
  • Assessed Improvements Value: $562,900

    Sales

  • Current Sale Recording Date: Oct 18, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 135898
  • Previous Sale Recording Date: Jun 22, 2004
  • Previous Sale Amount: $550,000
  • 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:

$649,450

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2552 ft²

Average Home Age

61.3 years

Currently For Sale

11 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: 4 months ago
Data Source: MLS PIN, MLS# 70617208

Frequently Asked Questions

When was property at 8 Balcom Drive built and last sold?
The property at 8 Balcom Drive was built in 1988 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 8 Balcom Drive is $572,672.
What are some comparable homes to 8 Balcom Drive?
There are currently no comparable homes to 8 Balcom Drive.
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