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Worcester
8 Cherry St
$296,000
● House - Off Market

8 Cherry St

Southborough, MA 01532
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,460 Ft²
$615,402
RealtyHop Estimate
107.63%
Since Sep 1, 2009
National-US
Primary Model

About This Property

A seven-room colonial situated in a New England village. The neighborhood is located across from Fayville Playground overlooking the reservoir. This house has the "BEST" access to RTE 9, RTE 30, and Mass Pike.  The home provides quaint features and details only a home of this era can provide but with all the modern conveniences you would expect for today's living.
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$203
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1830

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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 years ago (MLSPIN #70929010)

Price History

Date / Event Date Event Price
Mar 13, 2015 Sold
Premium
Sold
Aug 14, 2009 Sold
Premium
Sold
Jun 4, 2009 Listed by Lawton Real Estate, Inc $296,400
Listed by Lawton Real Estate, Inc

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 2
  • Basement Area: 870
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,445
  • Total Building Area: 1,676
  • Gross Building Area: 2,808
  • Building Area: 1,676
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000125
  • Standard Land Use Code: 9000
  • County Land Use Code: 990

Neighborhood

  • School District Name: Southborough School District
  • Census Tract: 741101

Zoning

  • Zoning: RB

Geography

  • Account Number: F_654680_2933074
  • Parcel: SBOR M:038.0 B:0000 L:0052.0
  • Lot: 52.0
  • Municipality: SOUTHBOROUGH
  • Latitude: 42.2965
  • Longitude: -71.5055

    Address

  • Full Address: 8 Cherry St
  • Address - House Number: 8
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fayville
  • Carrier Code: R007
  • 4-Digit Zip Code: 1006
  • Zip Code: 01745

Valuation

    Tax

  • Tax Year: 2016
  • Tax Amount: $471,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,400
  • Assessed Land Value: $237,000
  • Assessed Improvements Value: $219,400

    Sales

  • Current Sale Recording Date: Mar 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20922
  • Previous Sale Recording Date: Aug 14, 2009
  • Previous Sale Amount: $296,400
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70929010

Frequently Asked Questions

When was property at 8 Cherry Street built and last sold?
The property at 8 Cherry Street was built in 1830 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 8 Cherry Street is $0.
What are some comparable homes to 8 Cherry Street?
There are currently no comparable homes to 8 Cherry Street.
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