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Middlesex
11 Pace Road
$545,000
● House - Off Market

11 Pace Road

Tewksbury, MA 01876
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,387 Ft²
$915,902
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

New Quality Construction "Energy Star Home" 2387sqft Garrison w/2 Car Garage attached on a Dead End Street. 9 rooms, 4 bedrooms, 2 1/2 bathrooms, Large Eat in Kitchen, Diningroom, Livingroom, Study & Familyroom w/Fireplace. Upgraded Cabinets with Granite Countertops. Hardwood Floors 1st Floor, Tile floors in Bathrooms & Mudroom, Carpeting in Bedrooms. Professionally landscaped with an Irrigation System. Time to make your selections from the Builders suppliers (Cabinets, Granite, Tile, Carpeting, Paint) Won't Last. Currently being Framed. Call for more information.
Unit Size
2,387 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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: 4 months ago (MLSPIN #72017442)

Price History

Date / Event Date Event Price
Sep 9, 2016 Sold
Premium
Sold
Jun 4, 2016 Listed by Cape Real Estate $549,999
Listed by Cape Real Estate
Jan 8, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 15,449
  • Total Building Area: 2,426
  • Gross Building Area: 6,494
  • Building Area: 2,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,426
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000355
  • 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: 315403

Zoning

  • Zoning: RG

Geography

  • Parcel: TEWK M:0097 L:0023 U:0000
  • Lot: 23
  • Municipality: TEWKSBURY
  • Latitude: 42.5873
  • Longitude: -71.1931

    Address

  • Full Address: 11 Pace Rd
  • Address - House Number: 11
  • Address - Street Name: Pace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Tewksbury
  • Carrier Code: C005
  • 4-Digit Zip Code: 2424
  • Zip Code: 01876

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,064,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 911,066
  • High Value: 1,059,201
  • Low Value: 762,931

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $795,000
  • Assessed Land Value: $262,300
  • Assessed Improvements Value: $532,700

    Sales

  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43094
  • Previous Sale Recording Date: Jan 08, 2016
  • Previous Sale Amount: $192,900
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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: 4 months ago
Data Source: MLS PIN, MLS# 72017442

Frequently Asked Questions

When was property at 11 Pace Road built and last sold?
The property at 11 Pace Road was built in 2016 and last sold on Jan 1, 1970 for $545,000.
How much is this home worth?
The estimated value of the home located at 11 Pace Road is $581,065.
What are some comparable homes to 11 Pace Road?
There are currently no comparable homes to 11 Pace Road.
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