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Middlesex
101 N Shore Dr
$270,000
● House - Off Market

101 N Shore Dr

Stow, MA 01775
bedrooms
1 Bed
bathrooms
1 Bath
square feet
996 Ft²
$291,012
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Fantastic opportunity awaits in the Lake Boon neighborhood! This home is ready and waiting for your renovations, a great fix-and-flip project, or take it down and rebuild your brand-new dream home. Passing 3-bedroom septic system and utilities are already in place. Forced hot air heat. Some hardwood flooring under carpets. Partially finished room in the basement plus workshop area.  Nice level lot. Lake Boon boat launch is just down the street for your summertime fun! Super convenient to the new Hallock Point Conservation Area as well as minutes from the Pine Bluff Recreation Area which has a large town beach and recreation facilities a minute's drive to Assebet Preserve Wildlife.
Unit Size
996 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$276
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1952

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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 months ago (MLSPIN #73065306)

Price History

Date / Event Date Event Price
Jan 27, 2023 Sold
Premium
Sold
Dec 23, 2022 In contract -
In contract
Dec 15, 2022 Listed by Realty Executives Boston West $274,900
Listed by Realty Executives Boston West
Oct 26, 1999 Sold
Premium
Sold
Aug 13, 1999 Listed by Realty Executives Boston West $169,900
Listed by Realty Executives Boston West

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 2
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 996
  • Gross Building Area: 1,783
  • Building Area: 996
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 996
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 323101

Zoning

  • Zoning: R

Geography

  • Account Number: U-4 000015
  • Parcel: STOW M:000U-4 P:015
  • Municipality: STOW
  • Latitude: 42.3982
  • Longitude: -71.4945

    Address

  • Full Address: 101 N Shore Dr
  • Address - House Number: 101
  • Street Direction: N
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Stow
  • Carrier Code: R003
  • 4-Digit Zip Code: 1541
  • Zip Code: 01775

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,100

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 414,853
  • High Value: 486,132
  • Low Value: 343,575

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,700
  • Assessed Land Value: $311,000
  • Assessed Improvements Value: $168,700

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10028
  • Previous Sale Recording Date: Oct 26, 1999
  • Previous Sale Amount: $159,000
  • 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

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3105 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 months ago
Data Source: MLS PIN, MLS# 73065306

Frequently Asked Questions

When was property at 101 North Shore Drive built and last sold?
The property at 101 North Shore Drive was built in 1952 and last sold on Jan 27, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 101 North Shore Drive is $284,854.
What are some comparable homes to 101 North Shore Drive?
There are currently no comparable homes to 101 North Shore Drive.
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