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Middlesex 01821
10 Bowman Rd
$500,000
● House - Off Market

10 Bowman Rd

Billerica, MA 01821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,638 Ft²
$498,390
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Starting out - Downsizing - One floor living - This 3 bedroom 2 bath ranch offers what you need.  The main living area has a large eat-in kitchen that flows into a lovely living room w/fireplace, hardwood floors (under carpeting) and bay window.  All three bedrooms also have hardwood floors underneath carpeting.  A full bath finishes off the first floor living space.  The full basement has 3 rooms, game room, work shop, office and a 3/4 bath.  This 1/2 + acre lot that has a screened gazebo w/electricity and cable available and an additional storage shed with electricity and room for a work area.  All of this located in a lovely neighborhood.  Great commuter location - minutes from Routes 128, 3, 495 & Middlesex Turnpike. This home is just waiting for your own personal touches.
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$266
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1960

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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 #72812220)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $435,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,558
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,999
  • Total Building Area: 2,727
  • Gross Building Area: 3,196
  • Building Area: 2,727
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,727
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: 2

Geography

  • District: 31
  • Parcel: BILL M:0089 B:0018 L:0
  • Block: 18
  • Municipality: BILLERICA
  • Latitude: 42.5369
  • Longitude: -71.254

    Address

  • Full Address: 10 Bowman Rd
  • Address - House Number: 10
  • Address - Street Name: Bowman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: C007
  • 4-Digit Zip Code: 4402
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,300

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 571,861
  • High Value: 667,573
  • Low Value: 476,149

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,300
  • Assessed Land Value: $305,000
  • Assessed Improvements Value: $268,300

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42891
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:

$819,500

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2704 ft²

Average Home Age

65.5 years

Currently For Sale

3310 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: 5 years ago
Data Source: MLS PIN, MLS# 72812220

Frequently Asked Questions

When was property at 10 Bowman Road built and last sold?
The property at 10 Bowman Road was built in 1960 and last sold on Jul 20, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 10 Bowman Road is $460,126.
What are some comparable homes to 10 Bowman Road?
There are currently no comparable homes to 10 Bowman Road.
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