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Middlesex 01821
1 Mass Ave
$314,000
● House - Off Market

1 Mass Ave

Billerica, MA 01720
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,115 Ft²
$522,324
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

PRICE REDUCED --- $10,000.00.  A home with a view.  A WATERFRONT VIEW.  This waterfront home with 100' frontage presents all the conditions for a relaxed atmosphere.  The home features 2/3 bedrooms, a spacious living room, newer insulated windows, 100 amp circuit beakers, wood floors/ceramic tile (no wall to wall) and vaulted ceilings.  For your enjoyment the home has central air, a huge two tier deck, a million dollar view and a short distance to the beach.  The lake offers fishing, boating, ice skating, sailing and just ENJOYING!!.
Unit Size
1,115 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$300
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1950

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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 #72210588)

Price History

Date / Event Date Event Price
Nov 13, 2017 Sold
Premium
Sold
Aug 8, 2017 Listed by Lamb Real Estate $334,000
Listed by Lamb Real Estate
May 3, 2002 Sold
Premium
Sold
Feb 12, 2002 Listed by Lamb Real Estate $249,900
Listed by Lamb Real Estate
Nov 28, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 1,299
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,858
  • Total Building Area: 1,955
  • Gross Building Area: 4,278
  • Building Area: 1,955
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,955
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000341
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316300

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0088 B:0009 L:0
  • Block: 9
  • Municipality: BILLERICA
  • Latitude: 42.5357
  • Longitude: -71.2672

    Address

  • Full Address: 1 Mass Ave
  • Address - House Number: 1
  • Address - Street Name: Mass
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Billerica
  • Carrier Code: C009
  • 4-Digit Zip Code: 4022
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $542,400

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 578,038
  • High Value: 685,029
  • Low Value: 471,047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $480,400
  • Assessed Land Value: $278,500
  • Assessed Improvements Value: $201,900

    Sales

  • Current Sale Recording Date: Nov 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50736
  • Previous Sale Recording Date: May 03, 2002
  • Previous Sale Amount: $249,900
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 72210588

Frequently Asked Questions

When was property at 1 Massachusetts Avenue built and last sold?
The property at 1 Massachusetts Avenue was built in 1950 and last sold on Jan 1, 1970 for $316,000.
How much is this home worth?
The estimated value of the home located at 1 Massachusetts Avenue is $344,314.
What are some comparable homes to 1 Massachusetts Avenue?
There are currently no comparable homes to 1 Massachusetts Avenue.
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