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Boxford 01921
11 Lantern Lane
$587,000
● House - Off Market

11 Lantern Lane

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,240 Ft²
$900,505
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Beautifully sited on over two acres in a desirable neighborhood, this home has been well cared for by the owners for almost 20 years.  This nine room Cape's first floor features hardwood floors, a beautiful fireplaced living room, a spacious eat-in kitchen or the flexibility to pair it with a family room, a three season porch, dining room with built-in hutch, two bedrooms and a full bath.  The second floor has the master bedroom, the second full bath, a great walk in storage closet and the fourth bedroom.  This home also has a partially finished lower level, two car garage, shed, barn, paddock and much more!
Unit Size
2,240 Ft²
Days on Market
-
Land Size
2.36 acres
Price per sqft
$257
Property Type
House
Property Taxes
$627
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72137804)

Price History

Date / Event Date Event Price
Jun 12, 2017 Sold
Premium
Sold
Mar 29, 2017 Listed by Keller Williams Realty $574,900
Listed by Keller Williams Realty
Apr 27, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 102,802
  • Total Building Area: 2,294
  • Gross Building Area: 4,309
  • Building Area: 2,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,294
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:029 B:001 L:018
  • Block: 1
  • Lot: 18
  • Municipality: BOXFORD
  • Latitude: 42.6691
  • Longitude: -70.9979

    Address

  • Full Address: 11 Lantern Ln
  • Address - House Number: 11
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Boxford
  • Carrier Code: R008
  • 4-Digit Zip Code: 2313
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $969,400

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 830,013
  • High Value: 970,941
  • Low Value: 689,085

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,800
  • Assessed Land Value: $423,500
  • Assessed Improvements Value: $319,300

    Sales

  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 305
  • Previous Sale Recording Date: Apr 27, 1998
  • Previous Sale Amount: $295,000
  • 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 Boxford

Stats & Trends

Median Asking:

$1,099,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

62

Average Home Size

4168 ft²

Average Home Age

77.7 years

Currently For Sale

3 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 months ago
Data Source: MLS PIN, MLS# 72137804

Frequently Asked Questions

When was property at 11 Lantern Lane built and last sold?
The property at 11 Lantern Lane was built in 1963 and last sold on Jan 1, 1970 for $587,000.
How much is this home worth?
The estimated value of the home located at 11 Lantern Lane is $588,322.
What are some comparable homes to 11 Lantern Lane?
There are currently no comparable homes to 11 Lantern Lane.
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