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Middlesex
LOT 1 Cobblestone Way
$489,900
● House - Off Market

LOT 1 Cobblestone Way

Billerica, MA 01862
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,816 Ft²
$1,170,247
RealtyHop Estimate
134.10%
Since May 1, 2002
MA-Boston
Primary Model

About This Property

NEW 2816 COLONIAL TO BE BUILT IN COBBLESTONE VILLAGE. HOME INCLUDES FARMERS PORCH, HARDWOOD IN DINING & LIVING ROOMS, CENTRAL AC AND A JACUZZI IN MASTER BATH.SITE ABUTS TOWN LAND NOTE A ONE TIME $1,200 ASSC. FEE DUE AT CLOSING.
Unit Size
2,816 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$178
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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: 5 months ago (MLSPIN #30611963)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Sep 22, 2021 Listed by Woods Real Estate $869,900
Listed by Woods Real Estate
Apr 30, 2002 Sold
Premium
Sold
Mar 30, 2002 Listed by Woods Real Estate $499,900
Listed by Woods Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,114
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 35,575
  • Total Building Area: 3,353
  • Gross Building Area: 5,090
  • Building Area: 3,353
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,353
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000817
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316400

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0067 B:0192 L:0
  • Block: 192
  • Municipality: BILLERICA
  • Latitude: 42.5457
  • Longitude: -71.3009

    Address

  • Full Address: 1 Cobblestone Way
  • Address - House Number: 1
  • Address - Street Name: Cobblestone
  • Address - Suffix Type: Way
  • State: MA
  • City Name: North Billerica
  • Carrier Code: R011
  • 4-Digit Zip Code: 2914
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,069,400

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,098,548
  • High Value: 1,344,021
  • Low Value: 853,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $947,200
  • Assessed Land Value: $356,700
  • Assessed Improvements Value: $590,500

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 313808
  • Previous Sale Recording Date: Apr 30, 2002
  • Previous Sale Amount: $489,900
  • Previous Sale Document Type: 48
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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.3 years

Currently For Sale

3213 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30611963

Frequently Asked Questions

When was property at 1 Cobblestone Way built and last sold?
The property at 1 Cobblestone Way was built in 2001 and last sold on Nov 5, 2021 for $933,500.
How much is this home worth?
The estimated value of the home located at 1 Cobblestone Way is $885,551.
What are some comparable homes to 1 Cobblestone Way?
There are currently no comparable homes to 1 Cobblestone Way.
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