Middlesex
116 Chestnut Cir #116
$510,000
●
Condo -
Off Market
116 Chestnut Cir #116
Lincoln, MA 01773
2 Beds
2 Baths
1,405 Ft²
$761,977
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model
About This Property
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.
Unit Size
1,405 Ft²
Days on Market
-
Land Size
-
Price per sqft
$363
Property Type
Condo
Property Taxes
$498
HOA Dues
$600
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: 5 months ago (MLSPIN #72281567)
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 | |||
| | |||
|
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
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Has Open Parking
Parking Features: Detached, Carport, Deeded, Off Street, Paved
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, Sun Room
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Flooring Type: Wood, Vinyl, Carpet, Flooring - Stone/Ceramic Tile
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1405
Year Built Source: Public Records
Year Built: 1974
Building Name: Farrar Pond Village
Building Area Total: 1405
Building Area Units: Square Feet
Window Features: Skylight
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $429,200
Tax Annual Amount: $5,971
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Radiant
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Garden Area
HOA Fee: $600
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