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254 Rice Ave

Northborough, MA 01532

5 bd 2 ba 2,296 sqft Built 1889 Lot 43,124 sqft multi_family
Most recent sale
$519,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $519,000 MLS #72936257
Jan 23, 2022 Listed $519,900 MLS #72936257
Nov 7, 2012 Listing removed $329,900 MLSPIN
Aug 18, 2012 Price changed $329,900 MLS #71104777
Jul 23, 2012 Price changed $339,800 MLS #71104776
Jul 10, 2012 Price changed $339,900 MLS #71104776
Oct 5, 2010 Price changed $349,700 MLS #71104777
Sep 9, 2010 Price changed $349,900 MLS #71104777
Jul 6, 2010 Listed $369,900 MLS #71104776
Jul 5, 2010 Listed $369,900 MLS #71104777
Sep 28, 2001 Sold $260,400 Public Record
Jun 27, 1997 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $273,900 $253,300 $527,200 $7,513
2024 $273,900 $204,900 $478,800 $6,837
2023 $231,100 $193,300 $424,400 $6,277
2022 $185,700 $184,100 $369,800 $6,098
2021 $173,600 $167,300 $340,900 $5,836
2020 $161,600 $167,300 $328,900 $5,674
2019 $121,600 $167,300 $288,900 $4,955
2018 $108,000 $158,300 $266,300 $4,631
2017 $107,000 $158,300 $265,300 $4,614
2016 $107,000 $154,900 $261,900 $4,497
2015 $125,500 $163,200 $288,700 $4,830
2013 $116,300 $171,300 $287,600 $4,633
2006 $148,000 $160,000 $308,000 $3,779
2005 $156,300 $132,600 $288,900 $3,848
2003 $67,100 $83,700 $150,800 $2,387

Property facts

Year built
1889
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
2,296 sqft
Lot size
43,124 sqft
ZIP code
01532
City
Northborough
Street
Rice Ave
Coordinates
42.33671, -71.62893

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,114
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 254 Rice Ave last sell?
254 Rice Ave most recently sold on Mar 31, 2022 for $519,000.
What is the current tax assessment for 254 Rice Ave?
The most recent total assessment for 254 Rice Ave (year 2025) is $527,200 with $7,513 in property tax.
How does 254 Rice Ave's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $519,000.
When was 254 Rice Ave built?
254 Rice Ave was built in 1889.
How does 254 Rice Ave compare to others on Rice Ave?
We track 8 other properties on Rice Ave. Browse the list under "Other properties on Rice Ave" to compare beds, baths, and sale history.
What are the property facts for 254 Rice Ave?
254 Rice Ave is a 5 bed, 2 bath, 2,296 sqft, 43,124 sqft lot multi_family.
Is 254 Rice Ave a flip candidate?
No — 254 Rice Ave does not appear in our flips dataset.
Is 254 Rice Ave a tax-appeal candidate?
No — 254 Rice Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.1%
2026 Q1
$590.9K
2026 Q2
$586.1K
ZIP 01532 — Median Price History + Forecast

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