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Middlesex 01464
1 Cottage Street
Photo of 1 Cottage Street
Sold on Jun 1, 2010

1

Map

$215,000
● House - Off Market

1 Cottage Street

Shirley, MA 01464
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,729 Ft²
$462,942
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

$10,000 price reduction on this true turn-key home that has it all. Kitchen, and both baths updated, hardwood floors in the LR and DR all new. New roof on house and garage within the last 3 years, electric panel replaced, driveway just paved,exterior freshly painted, basement just finished and the list goes on and on. Add in the $8,000 first time home buyer credit and this home becomes a dream come true. A great commuter location as well with a T stop and 2 major highways close by.
Unit Size
1,729 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$127
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1947

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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: 2 years ago (MLSPIN #70931119)

Price History

Date / Event Date Event Price
Jun 1, 2010 Sold
Premium
Sold
Jun 9, 2009 Listed $219,900
Listed
Jul 24, 2003 Sold
Premium
Sold
Mar 21, 2003 Listed $210,000
Listed
Mar 29, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 672
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,646
  • Gross Building Area: 2,112
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ayer-Shirley School District
  • Census Tract: 388200

Zoning

  • Zoning: R3

Geography

  • Parcel: SHIR M:0017 B:000C L:00007
  • Block: C
  • Lot: 7
  • Municipality: SHIRLEY
  • Latitude: 42.5452
  • Longitude: -71.6651

    Address

  • Full Address: 1 Cottage St
  • Address - House Number: 1
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Shirley
  • Carrier Code: R002
  • 4-Digit Zip Code: 2000
  • Zip Code: 01464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $494,600

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 454,907
  • High Value: 534,562
  • Low Value: 375,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $364,500
  • Assessed Land Value: $110,500
  • Assessed Improvements Value: $254,000

    Sales

  • Current Sale Recording Date: Jun 01, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00087530
  • Previous Sale Recording Date: Jul 24, 2003
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 27
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:

$824,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 2 years ago
Data Source: MLS PIN, MLS# 70931119

Frequently Asked Questions

When was property at 1 Cottage Street built and last sold?
The property at 1 Cottage Street was built in 1947 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 1 Cottage Street is $0.
What are some comparable homes to 1 Cottage Street?
There are currently no comparable homes to 1 Cottage Street.
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