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Pepperell 01463
1 Independence Road
$399,000
● House - Off Market

1 Independence Road

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,270 Ft²
$578,037
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

A Great home in Center Village neighborhood off Main Street.  Near everything and walking distance to downtown!  First floor features spacious family room with fireplace and slider to the patio, living room with 2nd fireplace and hardwood floors, dining room includes a bay window with a beautiful view of the open space across the street, and a bright eat in kitchen with a bay window overlooking the beautiful private backyard.  Second floor presents master bedroom suite, 2nd bath and two additional bedrooms and office space. Great backyard with patio, hot tub, string lighting makes it a fun backyard for barbeques and entertaining!  Private Cul-de-sac with common space across the street for extended outdoor fun!  All this plus a short distance to schools, library, playgrounds and restaurants.
Unit Size
2,270 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$180
Property Type
House
Property Taxes
$480
HOA Dues
$17
Year Built
1986

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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: 4 months ago (MLSPIN #72628402)

Price History

Date / Event Date Event Price
May 7, 2020 Sold
Premium
Sold
Mar 4, 2020 Listed by LAER Realty Partners $409,000
Listed by LAER Realty Partners
Aug 28, 2014 Sold
Premium
Sold
Jun 4, 2014 Listed by LAER Realty Partners $334,900
Listed by LAER Realty Partners
Sep 14, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,939
  • Total Building Area: 2,270
  • Gross Building Area: 4,336
  • Building Area: 2,270
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,270
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327103

Zoning

  • Zoning: TNR

Geography

  • Parcel: PEPP M:0020 B:0135 L:00000
  • Block: 135
  • Municipality: PEPPERELL
  • Latitude: 42.666
  • Longitude: -71.5924

    Address

  • Full Address: 1 Independence Rd
  • Address - House Number: 1
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R007
  • 4-Digit Zip Code: 1633
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,600

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 568,620
  • High Value: 673,151
  • Low Value: 464,089

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,500
  • Assessed Land Value: $115,500
  • Assessed Improvements Value: $363,000

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69052
  • Previous Sale Recording Date: Aug 28, 2014
  • Previous Sale Amount: $334,000
  • 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 Pepperell

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$260

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2532 ft²

Average Home Age

209.3 years

Currently For Sale

3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72628402

Frequently Asked Questions

When was property at 1 Independence Road built and last sold?
The property at 1 Independence Road was built in 1986 and last sold on Apr 30, 2020 for $399,000.
How much is this home worth?
The estimated value of the home located at 1 Independence Road is $409,852.
What are some comparable homes to 1 Independence Road?
There are currently no comparable homes to 1 Independence Road.
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