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Northborough 01532
8 Lanthorn Rd
$630,000
● House - Off Market

8 Lanthorn Rd

Northborough, MA 01532
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,917 Ft²
$1,038,870
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Come see this amazing 5 bedroom home in highly sought after neighborhood. Many recent updates to this home including Freshly painted exterior in 2017 and roof in 2012. Newer windows, heating system (2014), water heater (2014), Home has 5 bedrooms but septic is a 4 bedroom design. Partially finished basement can be gym or teen room with plenty of storage & workshop in the unfinished part of the basement. Great landscape and large deck that leads to the lower patio really completes this amazing home.
Unit Size
2,917 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$223
Property Type
House
Property Taxes
$789
HOA Dues
-
Year Built
1986

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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 #72166253)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
May 17, 2017 Listed by James Tobin $649,900
Listed by James Tobin
Aug 26, 1998 Sold
Premium
Sold
Jul 10, 1998 Listed by James Tobin $349,900
Listed by James Tobin

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,237
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,145
  • Total Building Area: 2,917
  • Gross Building Area: 5,750
  • Building Area: 2,917
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,917
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANTHORN FARMS
  • Land Acres: 0000000600
  • 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:1000 L:0103
  • Lot: 103
  • Municipality: NORTHBOROUGH
  • Latitude: 42.2951
  • Longitude: -71.6488

    Address

  • Full Address: 8 Lanthorn Rd
  • Address - House Number: 8
  • Address - Street Name: Lanthorn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northborough
  • Carrier Code: R003
  • 4-Digit Zip Code: 2447
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,170,500

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 932,476
  • High Value: 1,100,764
  • Low Value: 764,188

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $819,700
  • Assessed Land Value: $241,100
  • Assessed Improvements Value: $578,600

    Sales

  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74625
  • Previous Sale Recording Date: Aug 26, 1998
  • Previous Sale Amount: $343,020
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$649,900

Sale Price/ft²

$330

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2237 ft²

Average Home Age

66.6 years

Currently For Sale

15 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# 72166253

Frequently Asked Questions

When was property at 8 Lanthorn Road built and last sold?
The property at 8 Lanthorn Road was built in 1986 and last sold on Jan 1, 1970 for $630,000.
How much is this home worth?
The estimated value of the home located at 8 Lanthorn Road is $642,079.
What are some comparable homes to 8 Lanthorn Road?
There are currently no comparable homes to 8 Lanthorn Road.
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