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Middlesex 01463
1 Longmeadow Lane
$274,000
● House - Off Market

1 Longmeadow Lane

Pepperell, MA 01463
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,548 Ft²
$902,413
RealtyHop Estimate
222.41%
Since Jun 1, 1999
National-US
Primary Model

About This Property

ELEGANTLY APPTD. COL. W/ QUAL. AMEN. THROUGHOUT INC. HDWD & TILE FLRS, CROWN MOLD., FRPLCD FAM RM, GOURMET KIT, LUX MBR SUITE W/ WHRLPL & DRESS AREA, W-UP ATTIC & W-OUT BSMNT. ALL IN BEAUT. FAM SUB-DIV. CONV. TO HGHWAYS, SHOPS, & SCHOOLS.
Unit Size
2,548 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$110
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1987

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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 years ago (MLSPIN #30292787)

Price History

Date / Event Date Event Price
May 26, 1999 Sold
Premium
Sold
Feb 11, 1999 Listed $279,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,272
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 2,548
  • Gross Building Area: 4,214
  • Building Area: 2,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,548
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • 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: 327101

Zoning

  • Zoning: RCR

Geography

  • Parcel: PEPP M:0006 B:0033 L:00000
  • Block: 33
  • Municipality: PEPPERELL
  • Latitude: 42.6965
  • Longitude: -71.561

    Address

  • Full Address: 1 Longmeadow Ln
  • Address - House Number: 1
  • Address - Street Name: Longmeadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R008
  • 4-Digit Zip Code: 1440
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $743,000

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 722,368
  • High Value: 832,125
  • Low Value: 612,610

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $517,800
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $374,700

    Sales

  • Current Sale Recording Date: May 26, 1999
  • Current Sale Price:
    Premium
  • Current 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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 years ago
Data Source: MLS PIN, MLS# 30292787

Frequently Asked Questions

When was property at 1 Longmeadow Lane built and last sold?
The property at 1 Longmeadow Lane was built in 1987 and last sold on Jan 1, 1970 for $274,000.
How much is this home worth?
The estimated value of the home located at 1 Longmeadow Lane is $325,679.
What are some comparable homes to 1 Longmeadow Lane?
There are currently no comparable homes to 1 Longmeadow Lane.
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