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Middlesex
1 Luce Cir
$381,000
● House - Off Market

1 Luce Cir

Billerica, MA 01862
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,363 Ft²
$609,743
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Location! Location! Location! Gambrel with three bedrooms nestled on corner lot in neighborhood setting with tree lined backyard. Home boasts first floor bedroom presently used as den, full bath, eat in kitchen and dining room and living room with hardwood floors. Second Floor has two front to back bedrooms with plenty of closet space and half bath. Enjoy the central air on warm days and be prepared with generator when needed. Relax on the three seasoned porch or enjoy the sun on the open deck. Major routes are only minutes away.
Unit Size
2,363 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$165
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1972

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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 #72215257)

Price History

Date / Event Date Event Price
Nov 27, 2017 Sold
Premium
Sold
Aug 17, 2017 Listed by Century 21 Commonwealth $389,900
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 875
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,035
  • Total Building Area: 2,363
  • Gross Building Area: 2,935
  • Building Area: 2,363
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,363
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: 3

Geography

  • District: 31
  • Parcel: BILL M:0066 B:0111 L:0
  • Block: 111
  • Municipality: BILLERICA
  • Latitude: 42.5478
  • Longitude: -71.3133

    Address

  • Full Address: 1 Luce Cir
  • Address - House Number: 1
  • Address - Street Name: Luce
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: North Billerica
  • Carrier Code: R014
  • 4-Digit Zip Code: 2833
  • Zip Code: 01862

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,400

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 696,414
  • High Value: 826,632
  • Low Value: 566,197

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $582,300
  • Assessed Land Value: $332,700
  • Assessed Improvements Value: $249,600

    Sales

  • Current Sale Recording Date: Nov 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53096
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 months ago
Data Source: MLS PIN, MLS# 72215257

Frequently Asked Questions

When was property at 1 Luce Circle built and last sold?
The property at 1 Luce Circle was built in 1972 and last sold on Jan 1, 1970 for $381,000.
How much is this home worth?
The estimated value of the home located at 1 Luce Circle is $428,708.
What are some comparable homes to 1 Luce Circle?
There are currently no comparable homes to 1 Luce Circle.
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