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Middlesex
1 Mount Joy Drive
$1,150,000
● House - Off Market

1 Mount Joy Drive

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,543 Ft²
$1,755,198
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Opportunity is knocking! A premier property in an estate like setting in one of the most sought after neighborhoods in North Tewksbury. This pristine 3543+/- SF, three-bedroom, three bath ranch is perched at the top of a lovely, landscaped 4.7 acre lot with town water, sewer and gas which stretches from the top of Mt. Joy Drive to Trull Road. Timeless kitchen, dining room with hand painted murals, master bedroom suite, office and fully finished basement with cedar closet. Attached two car garage as well as a detached 3 car garage. The property also has the potential of being subdivided for an additional two street front lots. This spectacular property must be seen to be believed.
Unit Size
3,543 Ft²
Days on Market
-
Land Size
4.70 acres
Price per sqft
$339
Property Type
House
Property Taxes
$981
HOA Dues
-
Year Built
1980

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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: 5 years ago (MLSPIN #72559074)

Price History

Date / Event Date Event Price
Mar 23, 2020 Sold
Premium
Sold
Jan 7, 2020 Listed by Competitive Edge Real Estate Services $774,900
Listed by Competitive Edge Real Estate Services
Dec 30, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by Competitive Edge Real Estate Services $1,200,000
Listed by Competitive Edge Real Estate Services

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,108
  • Total Building Area: 3,543
  • Gross Building Area: 8,046
  • Building Area: 3,543
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,543
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tewksbury School District
  • School Tax School District: TEWKSBURY SD
  • Census Tract: 315100

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0026 L:0079 U:0000
  • Lot: 79
  • Municipality: TEWKSBURY
  • Latitude: 42.6442
  • Longitude: -71.2544

    Address

  • Full Address: 1 Mount Joy Dr
  • Address - House Number: 1
  • Address - Street Name: Mount Joy
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1033
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,210,700

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,012,704
  • High Value: 1,168,561
  • Low Value: 856,847

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $904,200
  • Assessed Land Value: $357,000
  • Assessed Improvements Value: $547,200

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12179
  • Previous Sale Recording Date: Dec 30, 2019
  • Previous Sale Contract Date: Dec 30, 2019
  • Previous Sale Amount: $1,150,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

65 years

Currently For Sale

3009 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72559074

Frequently Asked Questions

When was property at 1 Mt Joy Drive built and last sold?
The property at 1 Mt Joy Drive was built in 1980 and last sold on Mar 20, 2020 for $735,000.
How much is this home worth?
The estimated value of the home located at 1 Mt Joy Drive is $885,541.
What are some comparable homes to 1 Mt Joy Drive?
There are currently no comparable homes to 1 Mt Joy Drive.
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