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Marlborough 01752
989 Concord Rd
$590,000
● House - Off Market

989 Concord Rd

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,024 Ft²
$3,375
Est. Monthly

About This Property

Spacious raised ranch near the Sudbury line on a .75 acre corner lot with a private backyard, perfect for entertaining! Enjoy the deck and screened-in gazebo for outdoor relaxation. Inside, you'll find warm, rustic, Carolina Pine hardwood floors, the vaulted living room has ceiling fans, a cozy gas fireplace and a sleek white kitchen with granite countertops and stainless steel appliances. The home has a full bathroom upstairs and a 3/4 bath on the lower level. Bonus room (16x11) is great for a home office, den, or studio. The first-floor family room also features a gas fireplace and tile floors. Updates include: 2024 furnace, 2023 roof, 2022 gazebo roof & 2018 water heater. Irrigation is on well water.  Close to hiking, farms, dining, shopping, and easy access to all major routes!
Unit Size
3,024 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$198
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1954

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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 #73312582)

Price History

Date / Event Date Event Price
Jan 24, 2025 Sold
Premium
Sold
Nov 25, 2024 In contract -
In contract
Nov 14, 2024 Listed by ERA Key Realty Services- Fram $599,897
Listed by ERA Key Realty Services- Fram
Nov 13, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by ERA Key Realty Services- Fram $414,900
Listed by ERA Key Realty Services- Fram
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,152
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,710
  • Total Building Area: 1,176
  • Gross Building Area: 3,024
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000774
  • 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: 321100

Geography

  • Account Number: 304734
  • Parcel: MARL M:010 B:010 L:000
  • Block: 10
  • Municipality: MARLBOROUGH
  • Latitude: 42.373
  • Longitude: -71.4983

    Address

  • Full Address: 989 Concord Rd
  • Address - House Number: 989
  • Address - Street Name: Concord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marlborough
  • Carrier Code: R002
  • 4-Digit Zip Code: 1611
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,400

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 581,727
  • High Value: 677,830
  • Low Value: 485,623

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,300
  • Assessed Land Value: $212,800
  • Assessed Improvements Value: $289,500

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 212858
  • Previous Sale Recording Date: Nov 23, 2015
  • Previous Sale Amount: $372,000
  • 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:

$579,950

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2489 ft²

Average Home Age

70.3 years

Currently For Sale

58 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73312582

Frequently Asked Questions

When was property at 989 Concord Road built and last sold?
The property at 989 Concord Road was built in 1954 and last sold on Nov 4, 2020 for $438,100.
How much is this home worth?
The estimated value of the home located at 989 Concord Road is $655,722.
What are some comparable homes to 989 Concord Road?
There are currently no comparable homes to 989 Concord Road.
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