Middlesex
116 Chestnut Circle #116
$306,000
●
Condo -
Off Market
116 Chestnut Circle #116
Lincoln, MA 01773
2 Beds
2 Baths
1,328 Ft²
$1,082,855
RealtyHop Estimate
229.14%
Since Aug 1, 1999
MA-Boston
Primary Model
About This Property
LOVELY 2 BDRM END UNIT W/BEAUTIFUL NATURAL LIGHT IN FARRAR POND
VILLAGE.MATURE GARDNS,PRIV. PATIO & EXPANSIVE BACKYARD. LGE UNFIN
BASMNT W/ADDN'L 1300 SF SUBJECT TO LICENSE TO SELL
Unit Size
1,328 Ft²
Days on Market
-
Land Size
-
Price per sqft
$248
Property Type
Condo
Property Taxes
$216
HOA Dues
$297
Year Built
1974
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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 years ago (MLSPIN #30322616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $510,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
Desirable and spacious one-floor, end-unit in Farrar Pond Village. Features include: spacious living/dining room with fireplace and French Doors to sunroom, a superb space to grow flowers for your enjoyment or view the wildlife in the woodlands beyond; access to the outdoors from both the dining room and sunroom; attractively updated kitchen and baths; and large unfinished lower level with great potential. Updates include: windows, doors, solar tube & skylight, hardwood, carpet, and gas HVAC system. Also included: fully-applianced kitchen, washer/dryer, window treatments, 1-car carport and ample parking. Take advantage of this immaculate and improved unit which includes the use of the community garden, tennis courts, canoe launch, and trails.
| |||
| Jul 27, 1999 | Sold | ||
| Sold | |||
| May 21, 1999 | Listed | $329,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 8
Length: 10
Area: 80
Level: First
Width: 12
Length: 12
Area: 144
Width: 10
Length: 14
Level: First
Area: 140
Length: 20
Level: First
Area: 300
Width: 15
Features: Bathroom - Full
Level: First
Length: 15
Width: 13
Area: 195
Features: Yes
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water Heater
Flooring Type: Wood, Carpet
Laundry Features: First Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Assigned
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Farrar Pond Village
Structure Type: Rowhouse
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: SFR
Parcel Number: 564165
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 7B
Tax Assessed Value: $217,500
Tax Annual Amount: $2,586
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Tennis Court(s), Trail(s), Garden Area
HOA Fee: $297
Community Features: Tennis Court(s), Walk/Jog Trails
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2018
|
2 Bed
|
2 Bath
|
1405 ft²
|
$510,000
2 Bed
2 Bath
1405 ft²
|
$510,000
04/30/2018
|
Susan Law and Sandra Bradlee
Barrett Sotheby's International Realty
| |
|
05/21/1999
|
2 Bed
|
2 Bath
|
1328 ft²
|
$329,000
2 Bed
2 Bath
1328 ft²
|
$306,000
-6.99%
07/27/1999
|
Leeann Yolin
Coldwell Banker Realty - Weston
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017