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Middlesex 01821
1 Rockmere Road
$615,000
● House - Off Market

1 Rockmere Road

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$625,113
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Meticulously maintained ranch now available in Billerica! As you enter the home you are greeted by the open concept kitchen/dining area with hickory cabinets which flows into the living room. Beautiful hardwood flooring throughout all 3 bedrooms on main level. Full bathroom on first floor and half bathroom in the lower level. The finished basement has lots of storage and living space! The family room holds a wood stove that keeps the home cozy and warm. The basement also includes a walk-in cedar lined closet, workshop area/storage room and large room perfect for a home office or exercise area. Just minutes away from the center of town, shopping, public transportation and major highways. Make this home yours! All offers, if any due Monday July19th at 12pm.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$323
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1982

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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 #72864772)

Price History

Date / Event Date Event Price
Aug 23, 2021 Sold
Premium
Sold
Jul 13, 2021 Listed by Encore Realty $549,900
Listed by Encore Realty
Jun 4, 1986 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 14,985
  • Total Building Area: 1,814
  • Gross Building Area: 2,307
  • Building Area: 1,814
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,814
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316102

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0042 B:0058 L:2
  • Block: 58
  • Lot: 2
  • Municipality: BILLERICA
  • Latitude: 42.5666
  • Longitude: -71.2642

    Address

  • Full Address: 1 Rockmere Rd
  • Address - House Number: 1
  • Address - Street Name: Rockmere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C022
  • 4-Digit Zip Code: 1154
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $628,900

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 672,868
  • High Value: 797,411
  • Low Value: 548,325

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,000
  • Assessed Land Value: $276,200
  • Assessed Improvements Value: $280,800

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49469
  • Previous Sale Recording Date: Dec 23, 2015
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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: 5 years ago
Data Source: MLS PIN, MLS# 72864772

Frequently Asked Questions

When was property at 1 Rockmere Road built and last sold?
The property at 1 Rockmere Road was built in 1982 and last sold on Aug 23, 2021 for $615,000.
How much is this home worth?
The estimated value of the home located at 1 Rockmere Road is $0.
What are some comparable homes to 1 Rockmere Road?
There are currently no comparable homes to 1 Rockmere Road.
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