Active
22 Days on market
198 Elm Street #198 Marlborough — Photo 1 of 32

198 Elm Street #198 Marlborough — Photo 1 of 32

$399,900

Investment Analysis — 198 Elm Street #198

Marlborough, MA 01752

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01752 carries an estimated $2,560/mo in gross rent — about a 4.55% cap rate and $18,184/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,256

Style

Condominium

Built

1988

This move-in ready, multi-level townhome is ready for its next owner! The main level features a spacious living room with exterior access to the back deck, creating an easy flow for outdoor enjoyment, add in new flooring throughout and this home is move in ready! The kitchen offers a dining area and breakfast bar, perfect for casual meals, while a convenient half bathroom completes this floor. Upstairs, you'll find a full bathroom and two generous bedrooms, including a spacious primary with three closets - one being a walk-in with its own vanity area. The basement provides laundry and a versatile bonus room that can be tailored to your needs as a home gym, recreation room, media room, or whatever suits your lifestyle! A new roof and low condo fees make this a true value! Recent improvements add peace of mind, including a new roof installed in 2025 and new carpet and LVP flooring installed in August 2026. The attic has also been fully insulated with blown-in insulation for added efficiency and comfort. Ideally located near an array of local restaurants and shops, with easy access to major routes, this home offers both comfort and convenience for effortless everyday living and commuting!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$399,900
Annual Taxes$3,363
HOA Fee$150

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Vinyl
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
Foundation--
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBathroom 2
First
Living RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

20 x 17

Flooring - Vinyl, Cable Hookup, Deck - Exterior, Recessed Lighting, Slider

Kitchen
Lvl First

12 x 13

Flooring - Stone/Ceramic Tile, Dining Area, Recessed Lighting

Family Room
Lvl First

8 x 17

Flooring - Vinyl, Cable Hookup

Master Bedroom
Lvl Second

16 x 11

Closet, Flooring - Vinyl, Cable Hookup, Recessed Lighting

Bathroom 1
Lvl First

5 x 5

Bathroom - Half, Flooring - Vinyl, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

5 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Maribeth Mccauley Lynch

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73566695