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1 Sears Rd
Score
0
Southborough, MA

1 Sears Rd

1.6M
bd • 0 ba • sf

This analysis was generated on 3/7/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,550,000

Price/Sq.Ft

$1,550,000

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Cleared Land: Saves significant time and cost in preparation for building. Estimated value add: $20,000 - $50,000 depending on the extent of clearing and grading. • Stone Wall: Adds aesthetic appeal and potential for landscaping integration. Estimated value add: $5,000 - $10,000. • Desirable Location: Appears to be in an upscale neighborhood with potentially good views • Cleared land • Stone wall • Excavation in progress • Price Position: Price per square foot is unavailable, limiting direct price comparison to similar properties. • Appreciation Trend: Homes in 01772 have sold for 8.2% more than they did a year ago, but this may not be sustainable in a shifting market. • Rental Income: $3,540/month with 90% occupancy (3.5% cap rate) • Schools: The presence of highly-rated schools, particularly Algonquin Regional High School (10/10), is expected to add a significant premium (estimated 10-15%) to property values compared to areas with lower-rated schools. • Future Development: The property's description highlights proximity to the Apex Center and Wegmans, suggesting ongoing commercial development in the area. Specific planned developments near 1 Sears Rd were not found in the data provided. • The lot appears to have good sun exposure, especially from the south and west, which is beneficial for solar energy and natural lighting in a future home.
Cleared Land

Cleared Land

Saves significant time and cost in preparation for building. Estimated value add: $20,000 - $50,000 depending on the extent of clearing and grading.

Stone Wall

Stone Wall

Adds aesthetic appeal and potential for landscaping integration. Estimated value add: $5,000 - $10,000.

Desirable Location

Desirable Location

Appears to be in an upscale neighborhood with potentially good views. Location value add is highly variable but can be substantial.

The Bad

• Lack of specific property details (beds, baths, sqft) makes accurate valuation challenging. • Buyer's market conditions may limit appreciation potential in the short term. • Wind risk is major and requires critical insurance coverage, adding to ownership costs.

The Ugly

• Potential Overpricing: $175,000 above estimated value (12.7% premium)
Exposed Soil

Exposed Soil

Potential for soil erosion during heavy rain due to exposed soil. Requires proper erosion control measures during construction.

Flat Terrain

Flat Terrain

Possible drainage issues due to the flat terrain. Requires careful grading and drainage planning during construction.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $42,480 with 90% occupancy rate

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$173,056

Property History

Price History
Ownership Timeline

Property Taxes

$6,766
2024 Tax Assessment
0.8%from previous year
Assessed Value$486,400
Tax Rate1.39%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Schools

Nearby school quality by education level

Middle

7.0/10
Good

High

10.0/10
Excellent

Financials

Monthly Costs
Market Rent (0 bed)

$2,025

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Location & Comparables

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