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Marlborough Area Real Estate Roundup

by patch.com Leave a Comment

Real Estate

Looking for a home in the Marlborough area? Check out our new weekly real estate roundup.

Marlborough, MA — The local real estate market is buzzing with activity, and there are a variety of homes to choose from these days. As part of our weekly real estate roundup, a collaboration between Patch and Redfin.com , we’re bringing you some of the newest and most interesting houses to hit the market in Marlborough and environs. As well as any scheduled open houses that may be coming up, so you can check them out yourself.

Keep reading to see what’s been listed in your area in the past week, along with which open houses are coming up in the near future. Like what you see? Just click on any listing in the list to get more pics and details. And you can always visit Redfin.com directly to see many more homes where these came from.

Without further ado, here’s a look at the latest Marlborough properties in this week’s roundup. Happy house hunting!

Editor’s note: This list was automatically generated using data compiled by Redfin . Please report any errors or other feedback to [email protected] .

Related: Visit The Patch Mortgage Center To Lock In Today’s Best Rates

Newly listed homes

23 Magnolia Ln #23, Marlborough, MA 01752

Price: $499,000 Size: 1,893 sq. ft., 3 beds, and 2.5 baths Listed by: Deb Rouleau, Coldwell Banker Realty – Northborough

23 Shelly Ln, Marlborough, MA 01752

Price: $95,000 Size: 1,000 sq. ft., 2 beds, and 1.5 baths Listed by: Stefanie Ferrecchia, Dora Naves & Associates

54 State St, Marlborough, MA 01752

Price: $695,000 Size: 2,451 sq. ft., 5 beds, and 5 baths Listed by: Juliet Chaves, ERA Key Realty Services- Fram

17 Tavitian Blvd, Marlborough, MA 01752

Price: $139,900 Size: 1,006 sq. ft., 2 beds, and 1 bath Listed by: Luxan Zayas, RE/MAX Diverse

28 Kevork Ave, Marlborough, MA 01752

Price: $145,000 Size: 1,022 sq. ft., 2 beds, and 1 bath Listed by: Karen Neilsen, LAER Realty Partners

Upcoming open houses

23 Magnolia Ln #23, Marlborough, MA 01752

Price: $499,000 Size: 1,893 sq. ft., 3 beds, and 2.5 baths Listed by: Deb Rouleau, Coldwell Banker Realty – Northborough Open house: Wednesday, June 29th at 5:00pm

54 State St, Marlborough, MA 01752

Price: $695,000 Size: 2,451 sq. ft., 5 beds, and 5 baths Listed by: Juliet Chaves, ERA Key Realty Services- Fram Open house: Saturday, July 2nd at 11:00 am

118 Brigham St, Marlborough, MA 01752

Price: $339,900 Size: 1,200 sq. ft., 3 beds, and 1 bath Listed by: Juliet Chaves, ERA Key Realty Services- Fram Open house: Friday, July 1st at 11:30 am

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How technology innovation is helping real estate sector

by economictimes.indiatimes.com Leave a Comment

Synopsis

The demand for digital transactions and virtual home-tours is at an all time high. 3D renders and virtual walk-throughs have become a standard offering from most of the top real estate developers in India.

The first wave of widespread technology adoption in the Indian prop-tech (property + technology) space happened in the early 2000’s – with the emergence of online classifieds for home buying, selling and renting (99 acres, housing.com, etc). Since then, the prop-tech space in India has evolved rather slowly. There have been incremental improvements, but other than a handful of new business models like co-living and co-working, there hasn’t been much innovation in prop-tech. This is particularly surprising because real-estate is the largest asset class in India.

But that is about to change in the near future.

The time is ripe for a 2nd wave of technology innovation in the Indian prop-tech space. Changes in consumer behaviour due to COVID-19, availability of real-estate data in a digitised format, improvements in AR/ VR (Augmented Reality, Virtual Reality) technology should accelerate the development in this space.

Below are some of the trends that we are witnessing in prop-tech in India:

Virtual / 3D Home tours
COVID-19 has brought about a radical shift in the consumer behaviour. The demand for digital transactions and virtual home-tours is at an all time high. 3D renders and virtual walk-throughs have become a standard offering from most of the top real estate developers in India.

This trend is expected to move to the rental space and secondary home sale market too. Certain brokers and home sellers are already using software tools (such as Matterport) to provide 3D walkthroughs of their homes. This is likely to evolve to 3D staging – where a 3D walkthrough of the real house is virtually enhanced with furniture and decor. This is important because most buyers struggle to imagine what empty spaces would look like when fully furnished. With 3D staging, customers can get an immersive experience, that’s even better than a house visit and this will also change the way houses are bought and sold.

Big Data & Analytics
Today, we have access to unprecedented amounts of data. We have data on property transactions and other legal documents, geo-spatial data and Google Maps data, which didn’t exist hitherto. With RERA ( Real Estate Regulatory Authority ), we also have quarterly data on the construction status and collections of all projects. This data is already being used by lenders to assess risk (of default and title risk) and investors tend to make decisions on commercial and warehouse investments. This is just the beginning of big data in prop-tech. In future, we will see new and interesting innovations leveraging this data to bring value to many players in the real-estate ecosystem.

iBuying (Instant Buying)
This is an example of leveraging Big Data and analytics in real-estate. In the iBuying transaction model, companies use algorithms to estimate a home’s value, and hence buy it directly from the owners. These companies use Artificial intelligence models built on top of past transaction data and local market conditions to determine the price of homes. This model offers instant liquidity to the home sellers (houses can be sold in weeks, instead of months).

iBuying is just starting off in India but has been widely adopted in other markets with more than 30,000 homes sold in the US, every year.

Fractional Ownership
Fractional ownership enables investors to own a fraction of a property (typically a commercial property) and earn rental income proportionate to their ownership. With fractional ownership, investors get access to investment opportunities that would be otherwise outside of their price range. ( “Grade A” commercial properties typically start at a ticket size of 10-15 crores.) Such investments were earlier accessible only to HNIs within closed networks. Technology enables widespread distribution and discovery of such opportunities and allows smaller investors to invest in Grade A commercial real estate. There are several companies in India, and globally offering fractional ownership of real-estate properties.

Property Management software
Property management is an upcoming space in India, with several established players in mature markets. The global property management software market is poised to reach USD 21.4 Billion by 2025, as per comprehensive research report survey by Market Research Future. (source).

Property management solutions not only offer a variety of services to make the landlord’s life simpler but it further simplifies rent collection, tax payments, payment of maintenance charges and communication with tenants. They may also integrate with third party platforms to simplify property maintenance.

Property management software is a technology that allows landlords to easily manage their rental properties. It is typically meant for landlords managing several properties, which can involve a lot of running around and day-to-day hassles.

With the help of such softwares, landlords can easily book services – like house painting or AC repair. They can even track all the maintenance costs and calculate the security deposit to be refunded to the tenant when due.

Blockchain
Blockchain can provide an immutable digital ledger for all property transactions including title transfers, tax payments and approval from various government bodies. This trend may take longer than the others to be implemented and show tangible results. It requires initiative from the government, but it can be as impactful for real-estate as UPI is for banking. It would fully eliminate the title fraud, hassles of document storage and provide absolute transparency in real estate transactions.

(The writer is co-founder & CEO, Ivy Homes)

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com .)
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Bay Briefing: Slowdown in sight for Bay Area real estate

by www.sfchronicle.com Leave a Comment

Good morning, Bay Area. It’s Tuesday, June 28, and middle-class Californians could receive a stimulus check from the state budget surplus in the fall. Here’s what you need to know to start your day.

The real estate bubble

Is the Bay Area real estate market cooling?

A Chronicle analysis of Redfin data finds that sales have slowed in recent months, returning closer to what has served as “normal” in past years.

One Realtor told us that houses that would’ve ordinarily drawn more than 20 offers are now getting just three. Price drops are becoming more common among listings, and homes are selling closer to their asking price.

With the prospect of a recession, potential buyers likely are growing increasingly hesitant to put down the cash for a home right now.

Read more from Kellie Hwang.

• San Francisco housing development is slow and showing no signs of speeding up. The city is currently on pace to see fewer than 3,000 new homes this year.

Bear market

The recent ups and downs of the stock market have Bay Area workers worried about the fate of their retirement plans.

The top-trending local query on Google during one recent week was, “What to do with 401(k) during recession.” That same week, Bay Area searches for “Should I stop contributing to my 401(k)” quadrupled.

Don’t do anything rash, financial experts said.

But if you’re itching to do something, consider putting more money into your retirement fund as index fund prices drop.

Read more from Carolyn Said.

What to eat

Lovers of the McDonald’s Egg McMuffin will want to ditch the Golden Arches after trying Hash N Dash , a South Bay pop-up. Chronicle associate food critic Cesar Hernandez describes it as if a “McMuffin and Oklahoma City-style fried onion burger had an affair in San Jose.” If that hasn’t sold you, maybe the promise of crispy sausage or smoky pork belly will.

In the East Bay, a vintner is turning traditional wine on its head. At Free Range Flower Winery , winemaker Aaliyah Nitoto has swapped grapes out for California-grown flowers like lavender, marigold, hibiscus and rose. The result tastes nothing like soap or essential oils, but don’t expect it to taste like your traditional Chardonnay.

Around the Bay

• State water woes: Who wins and who loses in California’s water crisis? We analyzed the data to see where water is heading as contractors request supplies.

• Train tragedy: Officials released the names of three people who were killed in a weekend Amtrak crash in Contra Costa County.

• Homelessness crisis: San Francisco’s nighttime sweeps of homeless encampments in the Mission District are rankling local Latino advocates. They’re proposing a pilot program called El Proyecto Dignidad to connect them with more resources.

• Crime news: An on-duty San Francisco police officer was booked on suspicion of theft, fraud and forgery, the fourth active or retired officer arrested this year.

• By the line: A constitutional law professor dissected the Roe v. Wade opinion. Here’s what you need to know.

• Food or friend? A dramatic underwater photo from the Monterey Bay Aquarium shows starfish eating a dead sea lion.

• NextSF: What if we could stop people from becoming homeless before they lose their housing?

• Stars and stripes: If you’re looking for a place to celebrate the Fourth of July, Datebook has a running list of block parties, festivals and official fireworks displays.

Cha-ching

That’s the sound of direct deposits and debit cards landing in the hands of most Californians.

Under a budget deal announced by Gov. Gavin Newsom and state officials, inflation relief is heading to residents, with stimulus payments ranging from $200 to $350 per person.

The catch? These payments will not start until October, and legislators said it’s likely the rollout will continue into early 2023.

Read more from Sophia Bollag.

Bay Briefing is written by Gwendolyn Wu (she/her) and sent to readers’ email inboxes on weekday mornings. Sign up for the newsletter here , and contact the writer at [email protected] .

Marlborough Council Poised To OK 276-Unit Development

by patch.com Leave a Comment

Politics & Government

The project at the corner of Mechanic and Lincoln streets would overtake a nearly empty lot in the French Hill neighborhood

Neal McNamara's profile picture

Neal McNamara , Patch Staff Verified Patch Staff Badge

MARLBOROUGH, MA — The Marlborough City Council may approve a large mixed-use development proposed for the French Hill neighborhood in July.

The 276-unit Alta development would overtake a nearly empty lot at the corner of Mechanic and Lincoln streets. The development would be between four and five stories, feature commercial space on the first floor and have about 448 parking spaces, according to plans.

Since the project first went public in April, the Marlborough City Council’s Urban Affairs Subcommittee has been debating the merits of the project — including traffic impacts, the number of affordable units and the potential to exclude natural gas service. The last hearing was held on June 15, and councilors in the subcommittee voted to send the project to the full city council.

On Monday, councilors voted 8 to 1 (with Ward 3 Councilor Christian Dumais abstaining) to put the Alta project on the agenda for a vote at the July 25 meeting. The council held a public hearing on the development in May.

At-Large Councilor Mark Oram was the sole “no” vote on Monday. He said he wanted to discuss the traffic impacts of the project in more detail in the Urban Affairs Subcommittee. Oram also said he felt the council was “moving a little too fast” on the project.

The developer behind the project is Wood Partners, whose Alta-branded developments have sprouted up across the region in recent years. Wood Partners will soon open Alta Oxbow, a partially affordable development along Route 20 in Wayland. The company also built the Alta Union House in Framingham, and is building an Alta building in Worcester along Mulberry Street.

Apart from the mixed-use building, Wood Partners will build a 22-space parking lot and restroom facility where the Assabet River Rail Trail ends near Highland Street. The facility would be transferred to city ownership once complete.

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Scientists develop paper-thin loudspeaker that can turn any surface into an audio source

by www.independent.co.uk Leave a Comment

Scientists have developed a paper-thin loudspeaker that can turn any surface into an active audio source.

The device that weighs just 2 grams and is the size of a human hand was made by researchers, including those from the Massachusetts Institute of Technology (MIT) in the US.

The tiny loudspeaker can potentially provide noise cancellation in critical environments like airplane cockpits and even three-dimensional audio in a theatre or theme park ride.

It produces sound with minimal distortion, using only a fraction of the energy required by a traditional loudspeaker.

The device, described recently in the IEEE Transactions on Industrial Electronics journal , can generate high-quality sound no matter what surface its film is bonded to, said the scientists.

“It feels remarkable to take what looks like a slender sheet of paper, attach two clips to it, plug it into the headphone port of your computer, and start hearing sounds emanating from it. It can be used anywhere. One just needs a smidgeon of electrical power to run it,” Vladimir Bulović, senior author of the paper from MIT, said in a statement.

Scientists also pointed out that because the device is light weight and needs only a small amount of power to operate, it becomes well suited for applications on smart devices where battery life is limited.

“Ultra-thin, lightweight, high-performance, low-cost and energy-efficient loudspeakers that can be deployed over a wide area have become increasingly attractive to both traditional audio systems and emerging applications such as active noise control and immersive entertainment,” they wrote in the study.

A typical loudspeaker used in headphones and audio systems has electric current inputs pass through a coil of wire to generate a magnetic field that moves the speaker’s membrane and the air above it, forming the sound we hear.

The new loudspeaker instead has a simplified design that uses a thin film of a shaped piezoelectric material – a type of material in which electric charge accumulates – that converts pressure on it into electricity and moves when voltage is applied over it.

This moves the air above it to generate sound.

Thin-film loudspeakers are usually designed to be freestanding since the film must bend freely to produce sound. But mounting these onto a surface would impede vibration and hamper their ability to generate sound.

The new design, in contrast, has tiny domes on a thin layer of the piezoelectric material that vibrate individually instead of having the entire material vibrate.

Scientists shaped up the new loudspeaker by using a laser to cut tiny holes into a thin sheet of lightweight PET plastic and laminated the underside of this layer with a very thin film of PVDF, a kind of piezoelectric material.

They then applied a vacuum above the bonded sheets and used a heat source at 80C under them.

The pressure difference created by the vacuum and heat source caused the ultrathin PVDF layer to bulge, causing tiny domes to protrude in areas where they aren’t blocked by PET.

Scientists then laminated the other side of the PVDF with another PET layer to act as a spacer between the domes and the bonding surface.

The domes are about 15 microns in height – about a sixth of the thickness of a human hair – and move up and down about half a micron when they vibrate, the study noted.

Each of these domes is a single sound-generation unit, and when thousands of these tiny domes vibrate together, it produces audible sound, the researchers explained.

In the study, scientists also developed a fabrication technique they said could be scaled up to produce ultrathin loudspeakers large enough to cover the inside of an automobile or to wallpaper a room.

“This is a very simple, straightforward process. It would allow us to produce these loudspeakers in a high-throughput fashion if we integrate it with a roll-to-roll process in the future. That means it could be fabricated in large amounts, like wallpaper to cover walls, cars, or aircraft interiors,” Jinchi Han, another co-author of the study, said.

Researchers tested the device by mounting it to a wall 30cm from a microphone to measure the sound pressure level, recorded in decibels.

When they passed about 25 volts of electricity through the device at 1 kilohertz – a rate of 1,000 cycles per second – the speaker produced high-quality sound at 66 decibels – a volume slightly above the normal speaking range.

Scientists said the device needs only about 100 milliwatts of power per square meter of speaker area.

In contrast, they said an average home speaker might consume “more than 1 watt of power to generate similar sound pressure at a comparable distance.”

There can also be applications for the technology in sectors other than audio.

If the vibrating domes of the thin film are covered with a reflective surface, it may be used to create patterns of light for future display technologies.

“The options of how to use this technology are limitless,” Dr Bulovic said.