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Middlesex 01469
1 Fordway Rd.
$300,000
● House - Off Market

1 Fordway Rd.

Townsend, MA 01469
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,668 Ft²
$439,690
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

3 bedroom colonial home located on a cul de sac street with convenient proximity to Rte. 119.  Property is partially fenced in and has a covered porch with both a street and backyard view.  First floor has a large kitchen with island and SS appliances, Living Room w Fireplace and a separate room that could be used as a den, playroom or office and also a 1/2 bath with laundry hook ups.  2nd floor full bath can be accessed from master bedroom.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$180
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #72552322)

Price History

Date / Event Date Event Price
Sep 26, 2019 Sold
Premium
Sold
Aug 19, 2019 Listed by Sodano Real Estate $300,000
Listed by Sodano Real Estate
Nov 24, 2015 Sold
Premium
Sold
Oct 7, 2015 Listed by Sodano Real Estate $219,900
Listed by Sodano Real Estate
Jan 29, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,096
  • Total Building Area: 1,668
  • Gross Building Area: 2,608
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301101

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:0034 B:0054 L:0008
  • Block: 54
  • Lot: 8
  • Municipality: TOWNSEND
  • Latitude: 42.6575
  • Longitude: -71.6691

    Address

  • Full Address: 1 Fordway Rd
  • Address - House Number: 1
  • Address - Street Name: Fordway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Townsend
  • Carrier Code: R003
  • 4-Digit Zip Code: 1133
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $515,400

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 428,009
  • High Value: 510,909
  • Low Value: 345,109

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $357,700
  • Assessed Land Value: $91,300
  • Assessed Improvements Value: $266,400

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Sep 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146884
  • Previous Sale Recording Date: Nov 24, 2015
  • Previous Sale Amount: $219,900
  • Previous Sale Document Type: O
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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 72552322

Frequently Asked Questions

When was property at 1 Fordway Road built and last sold?
The property at 1 Fordway Road was built in 1979 and last sold on Sep 25, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 1 Fordway Road is $323,294.
What are some comparable homes to 1 Fordway Road?
There are currently no comparable homes to 1 Fordway Road.
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