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Marlborough 01752
98 Old Charter Rd
$255,000
● House - Off Market

98 Old Charter Rd

Marlborough, MA 01752
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,732 Ft²
$475,043
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

HUGE PRICE REDUCTION!!!! This attractive four bedroom Cape has a large fireplaced living room with many built-ins that could easily accommodate a dining area. The family room has a wall of windows overlooking the lush backyard and the kitchen with custom built snack table around brick chimney is  a great place for homework, dinner or snacks. Lots of hardwood flooring throughout, newer roof, newer insulated first floor windows, vinyl siding, new heat exchanger and a "great" location, make this a home not to miss. Built in 1960, the original owner added the family room and garage.  Be the proud 3rd owner of this lovely home.  Seller can close very quickly; be in your new home in time for the holidays!
Unit Size
1,732 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$150
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1960

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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 #71712763)

Price History

Date / Event Date Event Price
Mar 23, 2021 Sold
Premium
Sold
Feb 10, 2021 Listed by William Raveis R.E. & Home Services $450,000
Listed by William Raveis R.E. & Home Services
Mar 6, 2015 Sold
Premium
Sold
Jul 12, 2014 Listed by William Raveis R.E. & Home Services $259,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 860
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,292
  • Total Building Area: 1,655
  • Gross Building Area: 3,296
  • Building Area: 1,655
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,655
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • 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: 321600

Geography

  • Account Number: 847623
  • Parcel: MARL M:044 B:079 L:000
  • Block: 79
  • Municipality: MARLBOROUGH
  • Latitude: 42.3547
  • Longitude: -71.541

    Address

  • Full Address: 98 Old Charter Rd
  • Address - House Number: 98
  • Address - Street Name: Old Charter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C014
  • 4-Digit Zip Code: 2324
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,100

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 558,260
  • High Value: 660,850
  • Low Value: 455,671

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $448,300
  • Assessed Land Value: $206,000
  • Assessed Improvements Value: $242,300

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64677
  • Previous Sale Recording Date: Mar 06, 2015
  • Previous Sale Amount: $255,000
  • 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:

$579,900

Sale Price/ft²

$311

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2510 ft²

Average Home Age

68.1 years

Currently For Sale

56 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 months ago
Data Source: MLS PIN, MLS# 71712763

Frequently Asked Questions

When was property at 98 Old Charter Road built and last sold?
The property at 98 Old Charter Road was built in 1960 and last sold on Mar 23, 2021 for $465,000.
How much is this home worth?
The estimated value of the home located at 98 Old Charter Road is $452,711.
What are some comparable homes to 98 Old Charter Road?
There are currently no comparable homes to 98 Old Charter Road.
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